MMJ Business Daily

Pennsylvania misses hemp target, but expansion still coming

Response to Pennsylvania’s plan to expand hemp production has been lower than state officials anticipated. The state set an ambitious goal for increasing hemp production this year by offering more licenses and increasing the acreage farmers can use to …

Read More

CannTrust gets initial OK to list on Toronto Stock Exchange

CannTrust Holdings is set to become the first marijuana company to graduate to Canada’s senior stock market since listing requirements were clarified for companies with U.S. assets. The Toronto Stock Exchange (TSX) has given the Vaughan, Ontario-based …

Read More

Viridian: Investment money pouring into cannabis industry

Investors pumped $1.23 billion into the legal marijuana industry during the first five weeks of 2018, nearly matching the $1.29 billion in investments in all of 2016. The $1.23 billion is nearly 600% more than the $178 million invested in cannabis duri…

Read More

Week in Review: White House versus hemp, CA crackdown & Massachusetts’ MJ shortfall worries

The Trump administration opposes nationwide hemp production, California takes action against unlicensed marijuana businesses, and Massachusetts fears a medical cannabis shortage. Here’s a closer look at some notable developments in the marijuana indust…

Read More

Canopy, Sunniva ink supply pact for Canada’s biggest marijuana deal

Two Canadian producers of medical marijuana have finalized what is believed to be Canada’s largest cannabis supply deal, a transaction that essentially secures a long-term agreement and mitigates future risks. Smiths Falls, Ontario-based Canopy G…

Read More

Settlement allows Colorado cannabis retail chain to open three MMJ shops in Florida

The Green Solution, one of Colorado’s largest retail marijuana chains, has received the OK to open three medical marijuana dispensaries in Florida. That approval did not come without a fight, however. The Denver-based company’s expansion in…

Read More

Malta poised to be next domino to fall in European Union’s medical cannabis wave

A bill to regulate the production of medical marijuana in Malta would make the country among the first in the European Union to lay the groundwork for cannabis manufacturing and position it as a supplier in the 28-nation bloc, according to executives a…

Read More

Greek parliamentarians start debating draft medical marijuana law

Greek lawmakers had their first opportunity to debate a draft bill to legalize medical cannabis production that was submitted to Parliament on Feb. 7. The draft law was taken up by the Committee on Production and Trade and the Committee on Social Affai…

Read More

West Virginia may allow smokable medical cannabis

West Virginia’s medical marijuana board will recommend that state lawmakers allow patients who meet certain requirements to buy smokable forms of the drug. Such a move would buck a trend in several other states that have also legalized MMJ but ba…

Read More

Cannabis credit union accuser faces own lawsuit as questions swirl over company’s banking efforts

The legal and financial uncertainties overhanging a Colorado credit union that serves cannabis businesses have an added wild card: The executive who recently filed a wrongful termination lawsuit against Partner Colorado Credit Union and its high-profil…

Read More