MJBizDaily · Page 515

Michigan reverses position, decides to extend medical cannabis deadline
Mon 4:56pm By Jeff Smith
Michigan plans to extend a Sept. 15 deadline for some existing operators to receive their permanent…

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Marijuana-focused exchange traded fund reaches CA$1 billion in assets
Mon 3:31pm By Bart Schaneman
A cannabis-focused exchange traded fund has reached 1 billion Canadian dollars ($760 million) in…

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California cannabis tech firm Treez closes $11.5 million funding round
Mon 1:55pm By John Schroyer
Treez, an ancillary cannabis tech company based in Oakland, California, has raised eight figures to…

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Aurora Cannabis to acquire Uruguay-based ICC Labs for CA$290 million
Mon 12:19pm By Jenel Stelton-Holtmeier
Aurora Cannabis has agreed to acquire Uruguayan marijuana producer ICC Labs in a deal valued at 290…

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As expected, Ohio misses deadline for medical marijuana rollout
Mon 11:36am By Jeff Smith
Ohio blew past Saturday’s deadline for rolling out its potential $400 million medical cannabis…

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Chart: Dominant player emerging for state cannabis seed-to-sale tracking contracts
Mon 6:30am By Eli McVey
Businesses that provide seed-to-sale tracking systems to the marijuana industry operate in an…

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Cannabis legislation in Ontario expected in late September
Sep 8, 2018, 10:35 pm By Matt Lamers
Ontario’s Progressive Conservative government is expected to introduce legislation to regulate the…

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L.A. crackdown: 105 unlicensed cannabis firms, 500-plus people targeted
Sep 7, 2018, 6:24 pm By Joey Pena
Los Angeles prosecutors have filed misdemeanor charges against 515 people in a clampdown on 105…

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Nevada marijuana business faces flurry of financial fraud suits
Sep 7, 2018, 4:56 pm By Jeff Smith
CWNevada, one of Nevada’s largest cannabis companies, has been sued for alleged fraud, failure to…

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FL cannabis lobbyist turned political candidate sees second bank account shut
Sep 7, 2018, 3:26 pm By Omar Sacirbey
A second bank has terminated the campaign account of Nikki Fried, a pro-medical marijuana Democrat…

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Former North Dakota AG leads new group opposing legalized marijuana
Sep 7, 2018, 1:50 pm By Joey Pena
As North Dakota voters look to decide whether to approve adult-use cannabis in the state’s…

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US cannabis listings in Canada rise as investor interest spikes
Sep 7, 2018, 1:45 pm By Matt Lamers
A record number of U.S.-based marijuana companies are turning to Canada to fund aggressive expansion…

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MedMen inks CA$75M equity financing deal to expand US cannabis operations
Sep 7, 2018, 1:05 pm By Lisa Bernard-Kuhn
Los Angeles-based MedMen Enterprises says it expects to raise up to 75 million Canadian dollars ($57…

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Week in Review: Long wait for Oregon rec cannabis permits, OK docs told no MMJ & New Jersey deluged by applicants
Sep 7, 2018, 6:30 am By Bart Schaneman
New recreational cannabis applicants in Oregon have to wait at least a year for a license, many…

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California marijuana company Canndescent closes $13 million funding round
Sep 6, 2018, 3:02 pm By John Schroyer
California marijuana cultivator Canndescent announced Thursday that it has closed a $13 million…

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SEC sues cannabis investment fund, warns investors about MJ industry ‘scam artists’
Sep 6, 2018, 2:00 pm By Omar Sacirbey
The U.S. Securities and Exchange Commission charged a marijuana-focused investment fund with bilking…

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Ontario signs up first cannabis accessories suppliers
Sep 6, 2018, 11:52 am By Matt Lamers
The Ontario Cannabis Store (OSC) – the province’s government-operated wholesaler and online…

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New Jersey flooded with applications for six medical marijuana licenses
Sep 6, 2018, 9:00 am By Jeff Smith
New Jersey received 146 applications for six new medical marijuana licenses, an expansion that will…

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Judge: Oregon county’s lawsuit against state cannabis law should be dismissed
Sep 6, 2018, 8:00 am By Bart Schaneman
A federal lawsuit filed by a southern Oregon county with a large number of cannabis growers looks…

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Number of cannabis racketeering suits increases, posing financial threat to targeted firms
Sep 6, 2018, 6:30 am By Jeff Smith
Federal civil racketeering lawsuits are proliferating against marijuana businesses, forcing…

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