Maine marijuana testing lab closed over licensing issue
Massachusetts-based marijuana testing company ProVerde Laboratories shut down its Portland, Maine, location after municipal authorities said it was operating without the necessary […]
Category: Cannabis Industry & Marijuana Business Briefs
Mexico releases long-awaited medical cannabis regulations
Mexico published highly anticipated regulations to underpin its medical cannabis industry, more than three years after an amendment to the General Health […]
Massachusetts marijuana regulator taps attorney to fill vacant seat
The Massachusetts Cannabis Commission selected Dorchester lawyer Ava Callender Concepcion to fill the last remaining open position on the board. Massachusetts marijuana […]
Multiple marijuana businesses sue Michigan city over licensing process
Ten marijuana companies filed suit against the Detroit suburb of Berkley, Michigan, in an attempt to overturn a license scoring process that […]
Cannabis MSO MedMen raises $10M to aid financial-turnaround effort
Multistate cannabis operator MedMen Enterprises said Tuesday it raised $10 million in capital by amending a senior secured debt facility led by […]
California marijuana regulatory merger on track for July
California Gov. Gavin Newsom’s 2020 proposal – to merge the three regulatory agencies that oversee the state’s marijuana industry into one new […]
SD governor defends lawsuit to overturn recreational cannabis legalization
South Dakota Republican Gov. Kristi Noem issued an executive order that indicated she is behind the effort to overturn voter-approved recreational cannabis […]
Marijuana MSO Curaleaf borrows $50 million via 3-year credit facility
Massachusetts-based multistate marijuana company Curaleaf Holdings is borrowing $50 million by way of a three-year secured revolving credit facility. The loan, announced […]
Colorado authorities issue recall of contaminated cannabis
Colorado regulators issued a recall of marijuana from Denver-based Veritas Cannabis, alleging yeast and mold issues. Colorado authorities issue recall of contaminated […]
Oregon marijuana sales reach record $1 billion-plus in 2020
Recreational cannabis sales exceeded $1 billion in Oregon last year, coinciding with the coronavirus pandemic outbreak and mirroring record-high sales in other […]