MJBizDaily · Page 305

Massachusetts marijuana retailers get OK to sell hemp-derived products
Dec 15, 2020, 1:15 pm By Kevin Huhn
Marijuana retailers in Massachusetts soon will have another revenue stream. Massachusetts marijuana…

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Oklahoma authorities shut down cannabis testing lab
Dec 15, 2020, 12:33 pm By Bart Schaneman
The Oklahoma City Fire Marshal shuttered a medical cannabis testing lab for fire code violations and…

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Cannabis retailer Fire & Flower reports net loss on growing revenue
Dec 15, 2020, 12:12 pm By Solomon Israel
Fire & Flower Holdings Corp., a major Canadian marijuana retail chain, has reported 33.1 million…

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Maine communities support adult-use marijuana businesses, divided on retail
Dec 15, 2020, 6:30 am By Andrew Long
Support for the adult-use marijuana industry in Maine is strong, especially cultivation, despite a…

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Marijuana firm Verano plans to go public at reported $2.9 billion valuation
Dec 14, 2020, 5:22 pm By Jeff Smith
Multistate marijuana company Verano Holdings intends to go public on the Canadian Securities…

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Marijuana firm Verano plans to go public at $2.8 billion valuation
Dec 14, 2020, 5:22 pm By Jeff Smith
Multistate marijuana company Verano Holdings signed a definitive agreement to go public on the…

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Bermuda plans adult-use, medical cannabis industry, following in Canada’s wake
Dec 14, 2020, 3:41 pm By Matt Lamers
Bermuda is taking its first steps to formally lay the legal groundwork for a regulated adult-use and…

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Study provides clues about how minor cannabinoids work in the body
Dec 14, 2020, 3:22 pm By Pamela Moore
We’re learning a lot about the ways THC and CBD interact with the endocannabinoid system (ECS) to…

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Biomedican successfully biosynthesizes two rare cannabinoids
Dec 14, 2020, 2:26 pm By Pamela Moore
A California life sciences company named Biomedican is drawing significant attention for the rapid…

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A dozen retail cannabis licenses could be up for grabs in Arizona
Dec 14, 2020, 1:45 pm By Jeff Smith
While most adult-use cannabis licenses in Arizona will go to the roughly 120 existing medical…

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Marijuana MSO Cresco Labs doubles loan size to $200 million
Dec 14, 2020, 1:04 pm By Solomon Israel
Multistate marijuana operator Cresco Labs has extended the maturity of a senior secured loan and…

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Hexo doubles down on cannabis beverages, cuts loss to CA$4.2 million
Dec 14, 2020, 12:27 pm By Matt Lamers
Canadian cannabis producer Hexo reported a net loss of 4.2 million Canadian dollars ($3.2 million)…

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How passage of the SAFE Banking Act could impact cannabis businesses
Dec 14, 2020, 6:30 am By Kate Lavin
The SAFE Banking Act is nearing the finish line in the U.S. Congress, and many expect it to become…

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Marijuana businesses must perfect customer experience for coronavirus-spurred preorders
Dec 13, 2020, 11:00 am By Solomon Israel
This spring, the coronavirus pandemic turned the traditional retail model on its head—and…

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Weedmaps investor document notes federal probe into cannabis businesses is ‘unresolved’
Fri 4:21pm By John Schroyer
In an investor presentation filed this week with U.S. securities regulators, the parent company of…

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Canada launches new cannabis consultations on beverages, labelling and research
Fri 4:12pm By Solomon Israel
Canada’s federal cannabis regulator is launching new consultations that signal future changes to…

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UK reveals it’s withholding approval of BVI cannabis law over treaty obligations, upcoming talks
Fri 2:33pm By Matt Lamers
The United Kingdom will decline to approve a 6-month-old bill to open commercial opportunities…

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Switzerland moves toward broader medical cannabis access
Fri 2:19pm By Alfredo Pascual
The Swiss National Council – the country’s lower house – this week approved a Federal Council…

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Colorado retail cannabis sales already eclipsing record-setting 2019
Fri 1:11pm By Bart Schaneman
Colorado's cannabis retailers set the record for single-year sales, surpassing 2019 numbers, and…

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Mexico hits snooze on cannabis legalization until next spring
Fri 11:35am By Alfredo Pascual
The Supreme Court of Mexico has again extended the deadline for legislators to comply with a mandate…

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