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Valens ‘clears the deck,’ liquidating most cannabis oil inventory

Cannabis derivative manufacturer Valens Co. said it is liquidating most of its oil inventory, citing industry trends such as outdoor marijuana harvests and falling prices. Marijuana Business Daily has reported extensively on Canada’s glut of drie…

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Injectable cannabis overdose drug to be developed by IRISYS

Cannabis-related emergency department visits are thought to have more than tripled between 2011 and 2019, coincident with the legalization of recreational and medical cannabis in many US states. Yet there are no approved drugs to treat overdoses due to…

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California marijuana regulatory merger on track for July

California Gov. Gavin Newsom’s 2020 proposal – to merge the three regulatory agencies that oversee the state’s marijuana industry into one new department – has finally been rescheduled and is now slated to be completed by July. …

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Arkansas opens up medical marijuana processor, transporter licensing

The steadily growing Arkansas medical marijuana program is offering new business opportunities: processor and transporter licenses. Scott Hardin, spokesman for the Arkansas Medical Marijuana Commission, wrote in an email that the state’s MMJ cons…

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Arkansas opens up medical marijuana processor, transporter licensing

The steadily growing Arkansas medical marijuana program is offering new business opportunities: processor and transporter licenses. Scott Hardin, spokesman for the Arkansas Medical Marijuana Commission, wrote in an email that the state’s MMJ cons…

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New California cannabis health-warning label requirement could trigger swell of industry lawsuits

Health warning labels will be required for all cannabis products sold in California starting Jan. 3, a mandate that will likely create a wave of new product-liability lawsuits targeting marijuana and hemp companies, industry attorneys predicted. The wa…

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Medical cannabis edibles production set to launch in Missouri

One of the newest medical cannabis markets to launch – Missouri – has yet to see dispensaries stock their shelves with edibles, but that will change in a matter of weeks when the state’s first licensed edibles maker begins production….

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Nerds candymaker files suit against California cannabis firm

Chicago-based Ferrara Candy Co. has filed suit in a federal court against California-based Tops Cannabis, alleging the delivery company has been peddling marijuana-infused parodies of its popular Nerds brand and is infringing on its trademark. Accordin…