Recreational Marijuana News – Page 22

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Marijuana MSO 4Front enters $30M sale-leaseback deal to pay down debt

Multistate operator 4Front Ventures is utilizing a $30 million sale-leaseback transaction to rid itself of debt to a corporate lender, the company said. The all-cash deal with California-based Innovative Industrial Properties (IIP) involves the sale of…

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Massachusetts regulators delay vote on cannabis delivery permits

Massachusetts cannabis entrepreneurs will have to wait at least a month longer for clarity on marijuana delivery licenses. The state’s Cannabis Control Commission (CCC) was scheduled to vote Thursday on new rules for those licenses, but the agenc…

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Missouri official predicts recreational marijuana legalization vote in 2022

The director of Missouri’s medical cannabis program expects adult-use marijuana to be on the state’s ballot in two years. Lyndall Fraker, the director of the state’s medical marijuana program, told Kansas City TV station WDAF that he …

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Health Canada aims to cut emissions with virtual cannabis inspection pilot

Canada’s federal cannabis industry regulator has launched a two-year pilot project exploring virtual inspections of marijuana production sites, with the goal of reducing carbon emissions. That could ultimately lead to a greater number of cannabis…

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Drop in political funding by MPP illustrates shift toward marijuana trade groups, MSOs

The Marijuana Policy Project has long been a leader in funding cannabis reform at the state and federal levels, but the current election season demonstrates that MPP’s role is shifting in a significant way – toward a more collaborative posi…

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Week in Review: Two states start medical cannabis sales, MT measure survives, Oregon streamlines licensing & more

Medical marijuana sales began in Missouri after voters approved legalization two years ago. Dispensaries in the St. Louis area reported strong interest as Missouri became the 34th state to launch a full-blown MMJ program. MJBizDaily takeaway: Put anoth…

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Nevada cannabis companies face penalties for violations

Two Nevada marijuana companies might lose their business licenses and incur fines from state authorities for alleged violations of industry regulations. The case appears to represent a new push by regulators to crack down on cannabis companies in the s…

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San Diego goes to court to collect marijuana business taxes

San Diego filed what appears to be a first-of-its-kind lawsuit to force a local cannabis grower to pay taxes the city says the business owes. Grizzly Peak Farms, which is based in Oakland, owes San Diego roughly $10,000 in unpaid city taxes for marijua…