MJBizDaily · Page 475

Illinois Senate panel passes bill to protect banks serving cannabis businesses
Mar 21, 2019, 2:19 pm By Joey Pena
An Illinois senate committee voted to advance a bill that would prohibit the Illinois Department of…

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Cannabis extraction company Nextleaf begins trading on CSE
Mar 21, 2019, 1:51 pm By Nick Thomas
Vancouver, British Columbia-based Nextleaf Solutions has begun trading on the Canadian Securities…

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NY governor dropping adult-use marijuana from budget
Mar 21, 2019, 1:31 pm By Jeff Smith
Democratic New York Gov. Andrew Cuomo said Wednesday a bill legalizing adult-use cannabis won’t be…

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Rhode Island lawmakers raise questions about plan to legalize recreational cannabis
Mar 21, 2019, 1:20 pm By Bart Schaneman
Rhode Island lawmakers held their first joint hearing on a proposal to legalize recreational…

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Study: IL medical marijuana growers could meet 4 years of recreational MJ demand
Mar 21, 2019, 1:01 pm By Joey Pena
Licensed medical marijuana growers in Illinois would be able to supply adult-use cannabis for four…

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Canadian medical cannabis exports tripled in 2018
Mar 21, 2019, 12:22 pm By Matt Lamers
Exports of medical cannabis from Canada soared last year as the country’s biggest licensed cannabis…

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Weekly Deal Watch: Cultivation, retail continue to dominate capital raises
Mar 21, 2019, 6:30 am By Jenel Stelton-Holtmeier
Through the first two weeks of March, cultivation and retail continued to be the most attractive…

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Curaleaf signs distribution deal with CVS for hemp products
Mar 20, 2019, 7:43 pm By Nick Thomas
Massachusetts-based Curaleaf has inked a deal with the CVS pharmacy chain to begin selling hemp…

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Arkansas Senate passes medical cannabis bills affecting edibles, advertising
Mar 20, 2019, 4:10 pm By Jeff Smith
Arkansas marijuana entrepreneurs took note as the state Senate passed two bills aimed at…

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NV audit spurs marijuana dispensary owners to call for traceability software training
Mar 20, 2019, 3:36 pm By Bart Schaneman
Nevada cannabis dispensary owners are calling for more training on the state’s mandatory…

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Despite risks, marijuana firms that make or distribute CBD products use e-commerce to build multistate brands
Mar 20, 2019, 2:41 pm By Joey Pena
When President Donald Trump penned hemp legalization into law late last year via the Farm Bill,…

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Canadian firm DionyMed to acquire L.A. cannabis campus, other assets for $19 million
Mar 20, 2019, 1:29 pm By Nick Thomas
Toronto-based DionyMed Brands, a multistate cannabis brands operator, said it will acquire the…

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Australian medical marijuana revenues could hit AU$36 million in 2019
Mar 20, 2019, 1:18 pm By Matt Lamers
Australia’s medical cannabis market could surpass 15,000 patient application approvals by the end…

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US marijuana firm Vireo Health launches on Canadian exchange
Mar 20, 2019, 1:03 pm By Nick Thomas
Vireo Health, a Minnesota-based multistate operating cannabis company, started trading Wednesday on…

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Marijuana growers find alternative to cloning with tissue culture
Mar 20, 2019, 6:30 am By Kevin Huhn
Marijuana growers historically have turned to cloning to propagate plant inventory and perpetuate…

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US House committee poised to consider cannabis banking bill next week
Mar 19, 2019, 5:57 pm By Jeff Smith
A bill to provide federal protection for banks serving state-legal marijuana businesses is…

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Amyris closes on potential $300M cannabinoid deal with biotech group Lavvan
Mar 19, 2019, 4:57 pm By Nick Thomas
Amyris, a California-based company focused on wellness products, said it has closed a deal…

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Ascent to sell Canadian cannabis assets for undisclosed cash amount
Mar 19, 2019, 3:20 pm By Matt Lamers
Financially troubled cannabis firm Ascent Industries has agreed to sell its Canadian assets for a…

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Illinois marijuana firm Grassroots closes $90 million raise to expand operations
Mar 19, 2019, 1:29 pm By Nick Thomas
Chicago-based Grassroots said it completed a $90 million capital raise designed to expand the…

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Insurance-covered cannabis in Germany tops 70 million euros in 2018
Mar 19, 2019, 1:06 pm By Alfredo Pascual
Statutory health insurers in Germany covered 73.7 million euros ($83.7 million) worth of medical…

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MJBizDaily (Marijuana Business Daily) is a leading news and analysis outlet covering the global cannabis industry. The site provides comprehensive reporting on business trends, investments, regulations, and market data for cannabis entrepreneurs and professionals. Known for its in-depth journalism and industry expertise, MJBizDaily helps readers navigate the evolving legal cannabis market and is recognized for hosting the annual MJBizCon, one of the world’s largest cannabis business conferences.

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