Week in Review: Congress delays marijuana vote, more record cannabis sales, Brazil nears legalization & more
Democrats in the U.S. House of Representatives decided this week to hold off on a floor vote for the Marijuana Opportunity Reinvestment […]
Category: United States Cannabis Industry & Marijuana Business News
Iowa awards two additional medical cannabis dispensary licenses
Iowa regulators awarded medical marijuana dispensary licenses to operators in Iowa City and Council Bluffs to replace two outlets that closed in […]
Cannabis operator MedMen inks financing commitments of about $20M
Multistate marijuana operator MedMen Enterprises has raised roughly $20 million of financing, with $11.7 million committed now, in a series of complex […]
Colorado, Illinois, Ohio set records for monthly marijuana sales
States continue to post record cannabis sales in the face of the COVID-19 pandemic and the ensuing economic downturn, further evidence the […]
Cannabis companies with specific plans for new funding find success at raising capital
Capital markets remain very tight, but they started to open up again for marijuana companies in the third quarter of 2020, as […]
Marijuana vape firms say one year after vaping crisis, customers turning to legal suppliers over illicit market
A year after the vaping health crisis upended the cannabis industry, marijuana vape companies report that sales have rebounded as consumers grasp […]
Trulieve forks out $66 million for two Pennsylvania medical cannabis firms
Trulieve, the preeminent medical cannabis operator in Florida, plans to expand to Pennsylvania by acquiring two MMJ companies in a $66 million […]
Vermont lawmakers set to legalize recreational cannabis sales, though governor a question mark
Vermont could become the second state in the nation to legalize adult-use marijuana sales through its legislature if a compromise measure hammered […]
Memo alleges obstruction in Missouri medical marijuana licensing probe
The counsel for the Democratic legislative caucus in Missouri alleges that state medical marijuana regulators obstructed an investigation into the MMJ program […]
Maine licenses first recreational marijuana manufacturing facility
Maine regulators licensed the state’s first recreational marijuana manufacturing facility along with two adult-use cannabis stores to begin sales when the market […]