The legal cannabis industry has grown at a “staggering rate” in Washington and now contributes roughly $2 billion a year to the Pacific Northwest state’s economy, according to a new report from Washington State University. The report,…
United States Cannabis Industry & Marijuana Business News
Vape mail ban likely won’t impact marijuana businesses, stakeholders say
The news that vape products cannot be shipped via the U.S. Postal Service doesn’t seem to have the marijuana sector overly concerned.
Vape mail ban likely won’t impact marijuana businesses, stakeholders say is a post from: Marijuana Business Daily: Fin…
Arizona’s new recreational cannabis firms see strong sales, possible supply issues on horizon
Vertically integrated cannabis companies in Arizona’s fledgling recreational market are reporting long customer lines and robust sales after a lightning-quick market launch less than three months after voters approved adult-use legalization. Disp…
Cannabis firm Weedmaps, California vape shop sued over fatal shooting
Online cannabis advertising platform Weedmaps and a Southern California vape shop have been targeted with a wrongful death lawsuit in civil court by a mother who claims both are to blame in the shooting death of her son. According to Law360.com, the la…
San Diego County starts work on marijuana social equity program
One of the few remaining major metro California markets that doesn’t have a marijuana social equity program began down that path when the San Diego County Board of Supervisors voted 4-1 to begin crafting such a law. According to San Diego TV stat…
Michigan cannabis operator brings in $50 million from small investor offering
Gage Growth, a Michigan-based cannabis operation, said it raised the maximum $50 million allowed through a Regulation A, small-investor offering. Regulation A offerings are a way for a company to build a base of loyal investors in advance of a potentia…
Marijuana software firm Agrify prices IPO to raise $54 million
Agrify Corp., an ancillary marijuana business that produces hardware and software for indoor cannabis cultivators, priced an upcoming initial public share offering at $10 per share, or $54 million. Agrify shares will trade as AGFY on the Nasdaq exchang…
Michigan testing labs sound warning about contaminated cannabis
A group of marijuana testing labs in Michigan is claiming a large amount of cannabis retail store shelves is rife with mold and yeast.
Michigan testing labs sound warning about contaminated cannabis is a post from: Marijuana Business Daily: Financial, …
Five state medical marijuana markets that could get a boost through reforms in 2021
A handful of states could pass significant medical marijuana reforms this year, providing for additional licensing opportunities and potentially hundreds of millions of dollars in new sales for existing operators and ancillary services. Here’s a …
New marijuana REIT strikes deal to combine with Israel’s InterCure
Subversive Real Estate Acquisition REIT is combining with Israeli marijuana producer InterCure in a deal that values InterCure at $300 million and is intended to secure a Nasdaq listing for the combined company. InterCure’s Canndoc subsidiary is …