Vireo closes $4 million purchase of Nevada cannabis production facilities
Cannabis multistate operator Vireo Health said it has finally closed on a 2018 deal valued at $4 million to purchase four Nevada […]
Category: Cannabis Industry & Marijuana Business Briefs
Montana lawmakers deny money to set up recreational cannabis program
Montana lawmakers rejected a $1.35 million budget request to fund the state’s recreational cannabis program, raising uncertainty about the program’s ability to […]
Canopy boosting Ontario presence with nine new Tokyo Smoke stores
Canopy Growth plans to open nine new cannabis stores in Ontario in January under its Tokyo Smoke brand, growing its retail presence […]
Cannabis producer WeedMD shutters Bowmanville, Ontario, facility
Canadian marijuana producer WeedMD is closing a facility in Bowmanville, Ontario, in order to centralize medical cannabis distribution at its site in […]
L.A. marijuana businesses seek hearings over expired city permits
A small band of the roughly 57 companies whose marijuana business permits expired on New Year’s Eve filed a lawsuit asking a […]
Oregon regulators recall contaminated cannabis extracts, flower
Oregon state cannabis regulators are recalling recreational cannabis products for pesticide contamination. Oregon regulators recall contaminated cannabis extracts, flower is a post […]
New York governor presses again for legalizing recreational cannabis
New York Gov. Andrew Cuomo said Wednesday he will push for the state to legalize a commercial recreational cannabis program that provides […]
South Dakota attorneys warned against working with marijuana companies
The State Bar of South Dakota ethics committee warned attorneys in the state against taking cannabis businesses as clients, which could discourage […]
UFCW wins $75,000 settlement in California cannabis workers’ pay dispute
The United Food and Commercial Workers Union (UFCW) is claiming victory in a lengthy dispute with three California companies over employee wages […]
As more marijuana firms go public, feds urge SPACs to beef up disclosures
U.S. securities regulators are urging special purpose acquisition companies, or SPACs, to strengthen disclosures related to potential conflicts of interest, compensation incentives […]