Week in Review: US House sets marijuana legalization vote, new Massachusetts rules, MedMen woes & more
The MORE Act, which would deschedule cannabis and thereby legalize it federally in the U.S., is scheduled to be considered by the […]
Author: The Editor
Quebec cannabis stores post quarterly profit as sales grow
Quebec’s monopoly cannabis retailer Société québécoise du cannabis (SQDC) has posted a net profit of 9.7 million Canadian dollars ($7.4 million) for […]
Red tape hampers Peru’s medical cannabis market, but new products expected soon
Medical marijuana companies seeking to serve patients in Peru have been stymied by government red tape, but that appears to be slowly […]
California city rejects MedMen application for cannabis store license
Troubled multistate marijuana operator MedMen Enterprises was rejected for a conditional-use permit needed to open a planned retail outlet in Pasadena, California […]
Canopy confirms layoffs at Niagara-on-the-Lake cannabis facility
Cannabis producer Canopy Growth has implemented more layoffs, this time at its operation in Niagara-on-the-Lake, Ontario, the company confirmed. “Canopy Growth did […]
Massachusetts credit union partners with marijuana payment processor
The GFA Federal Credit Union, which said in 2018 that it would serve Massachusetts marijuana companies, announced a new partnership this week […]
Cannabis companies secure fresh funding deals as investors wade back into capital markets
Marijuana businesses have raised hundreds of millions of dollars in recent months, a trend that is expected to continue as an investment […]
CBD Watchdog Finds Beverage Labeling Inaccuracies
According to a press release published in late August, CBD watchdog Leafreport found a large number of inaccuracies when testing CBD-infused beverages […]
Massachusetts leads in giving social equity applicants exclusive access to cannabis delivery licenses
The pathway that Massachusetts regulators developed for minority cannabis business owners allows them to own delivery businesses and protects those licenses for […]
4% of Canadian cannabis licensees Indigenous-affiliated, with systemic barriers ‘baked into system’
Just over a dozen Indigenous-affiliated cannabis companies have wound their way through Health Canada’s marijuana licensing process in the past 18 months, […]