The top federal prosecutor in Massachusetts refuses to rule out a crackdown on legal marijuana businesses in the state after U.S. Attorney General Jeff Sessions rescinded the Cole Memo last week. According to The Boston Globe, the U.S. attorney for Mas…
Read More
If a recreational marijuana shortage materializes in Canada come 2019 – as most industry observers predict – don’t blame Health Canada, which more than doubled the number of production licenses it granted in 2017.
Instead, look to regional supply imbal…
Read More
A Canadian medical marijuana company secured a deal with Germany’s CC Pharma GmbH to export MMJ products for distribution through thousands of German pharmacies. Nuuvera Inc. – which has a strategic partnership with Aphria (TSE: APH) to build a 1…
Read More
Detroit is delaying action on new medical marijuana licenses because of a pending lawsuit, prompting fears that about 60 dispensaries in the city will have to close their doors. The lawsuit was filed by seven to 10 businesses that were denied medical m…
Read More
A new $3.2 million facility near Binghamton, New York, is the first in the United States to receive some form of government assistance to promote the processing of hemp. The hemp processing plant, an unnamed project slated to open later this year, is r…
Read More
New York medical marijuana company Etain is the first to receive state approval to expand its product line. Etain now can manufacture cannabis goods such as lozenges and flower ground for vaporizers, the New York Daily News reported, and the company ho…
Read More
Marijuana Business Daily reporter John Schroyer is on the ground in California, posting firsthand accounts detailing the historic, Jan. 1 launch of the state’s recreational marijuana market. Scroll down for an inside account from cannabis business exec…
Read More
Saskatchewan’s adult-use marijuana will be sold in private brick-and-mortar stores and online, the government announced, giving entrepreneurs in the cannabis space more opportunities when sales begin this summer. Saskatchewan is the last Canadian provi…
Read More
An exchange in Canada dominated by marijuana stocks has asked listed companies with U.S. operations to publicly detail any risks they face after Attorney General Jeff Sessions’ decision to scrap protections for state-legal cannabis businesses. Ri…
Read More
News that federal prosecutors have wider discretion to enforce federal drug law could put at least a temporary damper on investment money flowing into the U.S. cannabis sector, but analysts doubt the money will dry up. U.S. Attorney General Jeff Sessio…
Read More