New applicants seeking entry into Oregon’s recreational marijuana market are going to have to wait at least a year before getting licenses, according to the state’s cannabis czar. The delays could prove costly for new applicants who’v…
Read More
Utah Gov. Gary Herbert said he wants legislators to take action on medical marijuana and backed a much more restrictive program than the legalization initiative that’s on the state’s November ballot. According to the Deseret News, Herbert t…
Read More
Shares of Cronos Group were punished by investors this week after the Ontario-based licensed producer of cannabis was targeted by short-seller Andrew Left of Citron Research – but at least one analyst called the wild swing “overdone.”…
Read More
Investors are flocking to a U.S.-listed exchange-traded fund (ETF) that tracks nearly 40 Canadian and American cannabis firms. The $436 million ETFMG Alternative Harvest ETF – which trades on the NYSE Arca under the ticker symbol MJ – has t…
Read More
Approximately one in five medical marijuana dispensaries in Illinois had to temporarily close Thursday because of a problem with the state’s seed-to-sale tracking system, which is a software developed by BioTrackTHC.
BioTrackTHC, based in Fort Lauderda…
Read More
Ohio bans CBD sales outside of marijuana stores – which aren’t even open yet – California regulators take legal action against two unlicensed MJ businesses, and the Nevada cannabis market tops half a billion dollars in sales during it…
Read More
Cannabis companies that want to go beyond THC and CBD content can focus on a part of the plant that’s increasingly front-of-mind for consumers: terpenes.
These plant-based chemicals are the molecules in marijuana that give the plant its smell, taste an…
Read More
A neighborhood group in Sonoma County, California, filed a racketeering lawsuit against an allegedly illegal cannabis operation that claims the grower is creating a “skunk-like stench” near their homes and causing health problems. The laws…
Read More
Federal prosecutors in Oregon announced charges against six people involved in two “vast” interstate trafficking operations that delivered marijuana to Texas, Virginia and Florida. “These cases provide clear evidence of what I have re…
Read More
The average combined price for nonmedical and medical cannabis has fallen 10.6% since the first quarter of 2016, according to new data from Statistics Canada. The latest data from StatsCan pegs the average combined cost of nonmedical and medical cannab…
Read More