Maine cannabis testing labs receive temporary licenses
Two marijuana testing labs in Portland, Maine, were granted temporary permits to begin operations, clearing a major hurdle in the state’s rollout […]
Category: Cannabis Industry & Marijuana Business Briefs
Class action lawsuits on rise against public cannabis firms, report says
Federal class action securities lawsuits against publicly traded marijuana businesses doubled from 2018 to 2019, a trend that’s typical in an emerging […]
Cresco Labs nixes $282.5 million acquisition of marijuana firm Tryke
In another sign that underscores the financial hesitancy hitting the national cannabis industry, Chicago-based Cresco Labs said Monday it’s pulling out of a […]
Canadian bank slashes cannabis sales forecast to CA$2.5 billion for 2020
One of Canada’s largest banks trimmed almost a billion dollars off its 2020 forecast for adult-use cannabis sales, mostly because of issues […]
Ohio allowing phone orders, curbside pickup at medical cannabis stores
Ohio regulators are temporarily changing the state’s medical marijuana rules to give MMJ patients easier access to products during the coronavirus pandemic – […]
Pandemic rent subsidy misses some cannabis retailers, Canadian business group warns
A new federal program to lower rent by 75% for small businesses impacted by COVID-19 might not be helpful for some cannabis […]
Australia moves toward over-the-counter CBD sales
Australia has published a framework for new CBD regulations as it considers relaxing its narcotics scheduling of cannabidiol to make it available […]
Arkansas medical marijuana consumers are buying in Oklahoma
Arkansas has been losing medical cannabis sales across the border because of lower prices in Oklahoma. Prices are about half as much […]
Sundial recalls 30,000 cannabis pre-roll units in three provinces
Canadian cannabis producer Sundial Growers is recalling one lot of cannabis sold by retailers in British Columbia, Alberta and Manitoba for incorrect […]