MJBizDaily · Page 414

California water board sends warnings to cannabis growers
Thu 3:24pm By John Schroyer
The California Water Boards sent at least 270 letters to farmers in the Emerald Triangle, warning…

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Auxly Cannabis closes CA$123 million investment from tobacco giant Imperial Brands
Thu 2:36pm By Matt Lamers
Auxly Cannabis finalized an investment from Imperial Brands worth 123 million Canadian dollars ($92…

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Utah medical marijuana dispensaries could face hefty fees
Thu 2:26pm By Jeff Smith
Utah would charge medical marijuana dispensaries between $50,000 and $69,500 each year in operating…

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Pennsylvania governor says he’s ready to legalize recreational cannabis
Thu 2:21pm By Jeff Smith
Pennsylvania Gov. Tom Wolf is now in favor of legalizing marijuana for recreational use, which, if…

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Historic day: US House passes cannabis banking bill with strong bipartisan support
Sep 25, 2019, 5:58 pm By Jeff Smith
In a landmark move, U.S. House lawmakers on Wednesday approved overwhelmingly by a 321-103 vote…

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NY governor wants Northeast region to work together on recreational marijuana, vaping
Sep 25, 2019, 5:13 pm By Bart Schaneman
New York’s Gov. Andrew Cuomo is urging neighboring states to work together on future recreational…

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New Jersey cannabis trade group investigating itself
Sep 25, 2019, 4:35 pm By John Rebchook
The New Jersey Cannabis Industry Association (NJCIA), paid $7,500 to an outside consultant to…

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California health officials urge residents to stop vaping tobacco, marijuana
Sep 25, 2019, 3:28 pm By John Schroyer
A California health agency joined the chorus of officials across the country urging consumers to…

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Canada ‘falling woefully short’ of displacing illicit cannabis market, researcher says
Sep 25, 2019, 3:16 pm By Matt Lamers
Canada’s regulated cannabis sales accounted for only 14% of total demand by volume in June,…

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Whys earnouts matter in cannabis M&A
Sep 25, 2019, 1:58 pm By Jenel Stelton-Holtmeier
Earnouts are a common risk-allocation provision in cannabis and hemp mergers and acquisitions used…

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Australian capital legalizes recreational marijuana
Sep 25, 2019, 12:30 pm By John Rebchook
Australia’s capital is the first part of the country to legalize recreational marijuana for…

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House Judiciary Chair reiterates commitment to marijuana banking reform
Sep 25, 2019, 11:45 am By Jeff Smith
The chair of the House Judiciary panel said he is committed to working to advance a comprehensive…

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Auxly Cannabis Group partner Sunens closes CA$84M credit facilities with Bank of Montreal
Sep 25, 2019, 10:15 am By Matt Lamers
Sunens Farms, a federal cannabis applicant in Leamington, Ontario, closed a nonconvertible debt deal…

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Marijuana industry reaction to California’s 2019 legislative session: Some wins, but many MJ business issues still outstanding
Sep 25, 2019, 8:30 am By John Schroyer
California’s 2019 legislative session drew to a close earlier this month, and it was a lackluster…

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At long last: A full US House vote on a cannabis banking bill
Sep 25, 2019, 6:30 am By Jeff Smith
The multibillion-dollar U.S. cannabis industry is poised to cross a historic threshold Wednesday…

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First commercial medical cannabis export from Latin America sent to Australia
Sep 24, 2019, 7:12 pm By Alfredo Pascual
Uruguayan-based Fotmer Life Sciences announced Tuesday that the company has become the first to…

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Massachusetts governor bans sale of all vaping products, becoming first state to target marijuana and tobacco vaporizers
Sep 24, 2019, 6:00 pm By Laura Hamilton
Massachusetts has become the first state to ban the sale of cannabis and tobacco vaping products,…

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Washington state man sues 6 cannabis firms, alleges products caused lung illness
Sep 24, 2019, 5:31 pm By Bart Schaneman
A Washington state man is suing six cannabis vape companies for allegedly causing his lung illness,…

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Massachusetts regulators say yes to marijuana cafes, home delivery
Sep 24, 2019, 2:34 pm By Bart Schaneman
Massachusetts regulators approved two new types of licenses that could be a boon to marijuana…

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Utah governor inks medical cannabis bill increasing dispensaries, licensing couriers
Sep 24, 2019, 1:58 pm By Jeff Smith
Utah Gov. Gary Herbert, as expected, signed a bill that will increase the number of medical…

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