Former Obama official joins National Cannabis Roundtable
A former member of President Barack Obama’s cabinet has joined forces with a national cannabis trade association, adding yet more political star […]
Month: February 2021
Power REIT raises $37 million in rights offering for marijuana acquisitions
Specialty real estate investment trust Power REIT, which has a portfolio that includes marijuana production facilities, raised $37 million through a rights […]
South Dakota governor to delay medical cannabis program until 2022
South Dakota Gov. Kristi Noem announced the state will delay implementing legalization of medical marijuana until next year. South Dakota governor to […]
Illinois-based marijuana MSOs teaming up on two stores, report says
Competing multistate marijuana companies Green Thumb Industries and Verano Holdings have quietly joined forces to operate two dispensaries in their home state […]
New Cannabis Coalition Launches to Advance Cannabis Reform
According to a press release published on February 8, a number of associations, advocacy organizations and cannabis businesses launched the U.S. Cannabis […]
Study Shows Cannabis Lowers Blood Pressure in Hypertension Patients
A new study finds that cannabis has the potential to lower blood pressure levels in older patients with hypertension.
Mexico’s medical marijuana program offers firms a chance to enter new adult-use industry
Marijuana and hemp companies keen to participate in Mexico’s emerging medical cannabis program should start preparing now, attorney advise, noting it will […]
Cannabis MSO Green Thumb nets $100M through initial US stock sale
Cannabis multistate operator Green Thumb Industries said it accepted an offer to sell $100 million of stock to a single institutional investor […]
Nearly $1 million settlement proposed in MedMen marijuana class action suit
A 2½-year-old class action lawsuit brought by former employees of multistate marijuana operator MedMen has almost concluded, with the lead plaintiffs asking […]
Colorado’s total marijuana sales near $10 billion, buoyed by record 2020
Colorado’s total marijuana sales reached nearly $10 billion since legal sales began in 2014. Colorado’s total marijuana sales near $10 billion, buoyed […]