In reversal, L.A. says no enforcement against nearly 60 marijuana firms with expiring permits
Los Angeles marijuana industry regulators have given at least 57 companies a new lifeline, only days after saying the licensed businesses in […]
Category: Featured Marijuana Business & Cannabis Industry News
DEA might start issuing cannabis cultivation permits in early 2021
After years of delay, the U.S. Drug Enforcement Administration could soon begin issuing licenses to businesses and institutions to cultivate cannabis for […]
Cannabis M&A activity intensifies as investor sentiment brightens since November election
Cannabis mergers and acquisitions are heating up, with more than $600 million worth of deals announced on Tuesday alone – and that’s […]
SPACs pump hundreds of millions of dollars into US cannabis industry through acquisitions
Two cannabis special purpose acquisition companies (SPACs), Silver Spike Acquisition Corp. and Subversive Capital Acquisition Corp., recently announced deals worth more than […]
Nearly 60 Los Angeles cannabis businesses poised to lose licenses on New Year’s Day
At least 57 licensed cannabis companies in Los Angeles are poised to see their business permits yanked by city authorities at the […]
Oklahoma leads nation in marijuana cultivation licenses issued in 2020
While California is widely touted as the largest legal cannabis market in the world, analysis of cultivation license data from Cannabiz Media […]
Marijuana MSO MedMen fights to turn around finances, but challenges linger
Financially strapped MedMen Enterprises is showing modest improvement, raising the possibility that the California-based multistate marijuana operator has hit bottom and is […]
Strategies that helped marijuana companies thrive in 2020
Let’s face it: 2020 has been brutal. A global pandemic An economic recession. And a hyper-partisan presidential election. Strategies that helped marijuana […]
New Jersey lawmakers pass bill to regulate biggest East Coast recreational marijuana market
New Jersey lawmakers on Thursday approved legislation to regulate and launch an adult-use marijuana market next year that’s expected to become the […]
Oregon cannabis regulators ban additives first seen in vaping crisis, require more disclosure
A recall of cannabis vape products in Oregon is shedding light on additional non-cannabis additives that have potential to harm consumers and […]