The major stakeholders pushing Congress to enact sweeping federal marijuana reform just got bigger with the formation of a new band of businesses and industry experts who believe legalization is a foregone conclusion and that the real prize will be sha…
Author: Kate Robertson
Hundreds in Arizona spend $25,000 each to enter cannabis license lottery
Nearly 400 hopeful cannabis entrepreneurs ponied up $25,000 apiece for a shot at an upcoming business license lottery, which will determine the winners of 13 new permits. According to the Arizona Republic, the state Department of Health Services receiv…
Garland’s confirmation as AG could change Feds’ marijuana views
President Joe Biden’s pick for U.S. attorney general, Merrick Garland, was confirmed easily by a 70-30 vote in the Senate on Wednesday, a development that was cautiously hailed by two marijuana advocacy groups.
Garland’s confirmation as AG could …
Curaleaf enters European cannabis market with $286 million acquisition of Emmac Life Sciences
Curaleaf Holdings said Tuesday it signed a $286 million definitive agreement to acquire London-based medical marijuana company Emmac Life Sciences, giving the Massachusetts-based multistate operator a major foothold in the European cannabis market and …
Verano accused in lawsuit of illegal interstate marijuana trafficking
Illinois-based multistate operator Verano Holdings is accused in a lawsuit of illegally shuttling marijuana from its home state to Arkansas. According to the Chicago Sun-Times, the allegations of illegal interstate marijuana shipments stem from cannabi…
Harborside enters $5 million ‘strategic investment’ with CA marijuana firm
Harborside said Monday that it has thrown $5 million in investment capital behind Loudpack, another well-known California marijuana business. According to a news release, Oakland-based Harborside provided the funding for the “strategic investment…
Women’s History Month: Q&A with marijuana industry pioneer Greta Carter
“Everything I dreamt and hoped to have accomplished in this industry has come to fruition. I am truly living the dream.” That’s how marijuana-industry pioneer Greta Carter began a conversation with Marijuana Business Daily for an inte…
California judge rules shuttered marijuana testing lab can reopen
A California Superior Court judge ruled that a marijuana testing lab can reopen immediately after having to close in January because regulators revoked its license. Judge Frank Roesch wrote in his ruling late Thursday that the state Bureau of Cannabis …
Most CA marijuana businesses have no right to due process, court filing asserts
California’s attorney general argued in a recent court filing that none of the state’s cannabis businesses operating on provisional licenses are entitled to due process under state law. The due-process situation arose when Hayward-based Har…
Terra Tech acquires marijuana competitor Unrivaled in all-stock deal
California-based Terra Tech Corp. said Wednesday it finalized a deal to acquire another West Coast marijuana multistate operator, Umbrla, which does business as Unrivaled and includes multiple MJ brands in its portfolio. Terms of the deal were not disc…