Monday, October 21, 2019

Marijuana firm Holistic Industries raises $55 million

Washington DC-based Holistic Industries, a multistate cannabis operator, closed $55 million in financing at a time when many other MJ firms are struggling to...

Green Organic Dutchman slashes cannabis production target 85% for 2020

Ontario-based Green Organic Dutchman (TGOD) announced a new construction timetable this week that significantly scales back its expected 2020 production capacity, while maintaining its...

CEO of DionyMed cannabis company leaves amid possible default

Toronto-based DionyMed, a multistate marijuana brands operator, is under pressure after key executives stepped down amid a possible credit default. CEO...

BNY Mellon’s cannabis-limiting move highlights inconsistencies in banking but could help...

Just as potential marijuana banking progress appears on the horizon at the federal level due to the U.S. House of Representatives’ passage of the...

Massachusetts drops suspension against marijuana cultivator

Massachusetts cannabis regulators have lifted the roughly five-week suspension of marijuana cultivation license holder Nova Farms, but the operation remains under investigation.

Red tape, regulations hamper Canadian cannabis businesses in first year of...

Customers line up to enter a cannabis store in Calgary on the first day of legal sales one year ago. (Photo by Lindsey Bartlett) A...

I Bought Legal Cannabis For The First Time And This Is...

The first time I blazed up was a fun day that I’ll never forget. It in true New Jersey fashion, one party brings the...

Netherlands consults businesses on recreational cannabis experiment

The Dutch Ministry of Health, Welfare and Sport opened a public consultation process, asking for feedback on the proposed rules for a “controlled cannabis supply...

Weedmaps lays off 100+, freeze costs CO marijuana cultivator millions, MJ...

Colorado’s largest marijuana cultivator suffers an early freeze that is expected to trigger a supply disruption in the state, more than 100 Weedmaps employees...

Northeast governors take big step toward regional cannabis coordination

Democratic governors from New York, New Jersey, Pennsylvania and Connecticut took a landmark step Thursday toward coordinating recreational marijuana legalization efforts, agreeing on basic...

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