A marijuana SPAC can expedite going public, but research on the partner is key
When Jessica Billingsley announced in October 2018 that she was taking Denver-based cannabis technology company MJ Freeway public by merging it with […]
Month: February 2021
Montana lawmakers weigh bill to separate marijuana, hemp production
Montana lawmakers are mulling legislation that would require medical marijuana cultivators to keep their operations confined to indoor facilities, leaving the outdoors […]
New cannabis SPAC raises $150 million in IPO for US acquisitions
Choice Consolidation Corp., a new cannabis industry special purpose acquisition company (SPAC), raised $150 million in an initial public offering on the […]
Canada tallies CA$2.6B in cannabis sales for 2020, up 120% over 2019
Canadian sales of legal recreational cannabis totaled 2.6 billion Canadian dollars ($2.08 billion) in 2020, as December sales increased from a relatively […]
South Dakota rejects telemedicine for medical marijuana consultations
South Dakota lawmakers will not allow qualifying patients to use telehealth to consult with doctors or receive recommendations about medical marijuana. South […]
Mainstream businesses are bracing for minimum-wage hike, but many cannabis firms already pay more
Half the states across the country have increased – or will raise – the minimum wage paid to hourly workers this year, […]
Court ruling paves way for New Jersey to expand medical cannabis market
A New Jersey appellate court lifted a 2019 order preventing the state from issuing an additional 24 medical cannabis licenses. The decision […]
Growing marijuana regulators group pressures Congress
The Cannabis Regulators Association, a recently formed but potentially influential marijuana industry group, welcomed an overseer of the country’s biggest MJ market […]
California medical cannabis dispensary owes $4.2 million, US Tax Court rules
A subsidiary of California-based cannabis retailer Harborside must pay nearly $4.2 million in back taxes and penalties after losing a case in […]
Marijuana foes deploy new ‘playbook’ to thwart state legalization, upend election results
Efforts to thwart voter-approved marijuana legalization in Mississippi, Montana and South Dakota are evidence of a “playbook” that reflects new legal strategies […]