New Rhode Island governor pitches adult-use cannabis legalization plan
Rhode Island Gov. Dan McKee wants to legalize adult-use cannabis, proposing a program that would issue 25 retail licenses a year with […]
Month: March 2021
CWNevada’s receivership might offer blueprint to other financially strapped marijuana businesses
A once-significant player in Nevada’s cannabis industry is in the final stages of liquidating more than $12 million worth of assets under […]
Marijuana SPAC Silver Spike II prices IPO to raise $250 million
Marijuana industry special purpose acquisition company (SPAC) Silver Spike Acquisition Corp. II priced an initial public offering on the Nasdaq exchange to […]
Hundreds in Arizona spend $25,000 each to enter cannabis license lottery
Nearly 400 hopeful cannabis entrepreneurs ponied up $25,000 apiece for a shot at an upcoming business license lottery, which will determine the […]
British American Tobacco buying stake in cannabis producer Organigram
A subsidiary of British cigarette maker British American Tobacco (BAT) and Atlantic Canada-based cannabis producer Organigram have signed a 220 million Canadian […]
Outages involving California’s traceability system ‘causing a lot of heartburn’ for cannabis companies
Problems with the state-contracted traceability system in California is causing cannabis companies to spend thousands of dollars in extra time and money […]
Mississippi lawmakers kill bill to create alternative medical marijuana program
The Mississippi House killed a Senate bill that would have created a legislative alternative to the medical marijuana program the state’s voters […]
Canada’s Aurora Cannabis files $1 billion shelf prospectus
Aurora Cannabis filed a preliminary short-form base shelf prospectus to raise up to $1 billion by issuing securities over a 25-month period. […]
Garland’s confirmation as AG could change Feds’ marijuana views
President Joe Biden’s pick for U.S. attorney general, Merrick Garland, was confirmed easily by a 70-30 vote in the Senate on Wednesday, […]
Cannabis Registry Reality Check: Privacy Must be Paramount
The task of preserving privacy for any records platform, especially a cannabis registry, cannot simply be relegated to ones and zeros lurking […]