Cannabis MSO Green Thumb seeks to raise $150M through stock sale
Chicago-based marijuana multistate operator Green Thumb Industries wants to raise about $150 million through the sale of 10 million shares of stock, […]
Category: Marijuana Legalization and Regulatory News for Cannabis Businesses
Maryland relaxes costly, duplicative marijuana security requirements
Maryland’s marijuana regulators are easing some costly and burdensome security requirements while also requiring medical cannabis businesses to keep video surveillance footage […]
Second lawsuit targets OK residency requirement for cannabis businesses
A marijuana company based in Washington state filed a federal lawsuit against Oklahoma in an attempt to overturn the state’s two-year residency […]
Court refuses to reject suit challenging marijuana’s listing as Schedule 1 drug
A lawsuit challenging marijuana’s federal classification as a Schedule 1 drug under the Controlled Substances Act remains alive after a federal appeals […]
Massachusetts cannabis company to dump $2.6 million worth of vape pens
Massachusetts-based marijuana business Temescal Wellness plans to destroy more than 40,000 vape cartridges, worth $2.6 million, that have sat unused after the […]
Marijuana MSO Acreage wins motion to block Maine city from favoring residents
Marijuana multistate operator Acreage Holdings continues to prevail in its legal efforts to thwart Maine and, now, its largest city from favoring […]
Marijuana legalization plaintiffs make final plea to US Supreme Court
The federal statute criminalizing cannabis should be declared unconstitutional, according to a petition filed with the U.S. Supreme Court. The 3-year-old case, […]
Maine sets October date to commence recreational cannabis sales
In a long-awaited move, Maine regulators set an Oct. 9 date for recreational cannabis sales to begin, nearly four years after voters […]
Montana adult-use cannabis legalization initiative certified for November ballot
A citizen initiative in Montana to legalize a commercial recreational marijuana program gathered enough valid signatures to appear on the November ballot, […]
Oklahoma medical marijuana sales on pace to double 2019 numbers
Oklahoma medical cannabis sales are on track to double this year to roughly $800 million as the business-friendly program that launched in […]