Marijuana legalization bill clears first legislative hurdle in Delaware
DelawareMarijuana Industry NewsRecreational Marijuana June 6, 2019 0
A bill to legalize marijuana in Delaware cleared its first legislative hurdle Wednesday, with the House Revenue and Finance Committee voting after a two-hour hearing to release the measure for consideration by the full House. It’s being touted as a revenue-generating measure, calling for a government-run industry that would... Read more
Louisiana House votes to let medical marijuana patients ‘inhale cannabis,’ but not smoke it
LouisianaMarijuana Industry NewsMedical Marijuana June 6, 2019 0
The Louisiana House today voted 82-0 to allow medical marijuana patients to inhale cannabis, sending the bill to the governor’s desk for final approval. The legislation, sponsored by Rep. Ted James, D-Baton Rouge, does not allow smoking, but patients can inhale medical marijuana through a device similar to an... Read more
Kirsten Gillibrand Announces Plan For National Marijuana Legalization
Marijuana Industry NewsMedical MarijuanaRecreational Marijuana June 6, 2019 0
Sen. Kirsten Gillibrand (D-N.Y.) unveiled a plan on Wednesday that would legalize recreational and medical marijuana, expunge all nonviolent marijuana convictions and “tap into the medical and economic opportunity” of the drug. “Fundamentally, whether adults use marijuana is a matter of privacy, and we should treat marijuana as a... Read more
MN medical marijuana companies lost a combined $2.4 million in 2018. But they are optimistic about their future.
Marijuana Industry NewsMinnesota June 6, 2019 0
Minnesota’s two medical marijuana companies lost a combined $2.4 million in 2018, adding to years of losses that have largely been driven by the state’s tightly regulated program. Leafline Labs, which has never had a profitable year, reported a net income loss of $1.8 million in 2018, according to... Read more
As a third-generation grower of ornamental plants, Jake Van Wingerden, president of SunMed Growers in Cecil County, Maryland, launched a cannabis cultivation business with a solid foundation and background in horticulture. Though there are some parallels that Van Wingerden applied to cannabis from his experience with growing bedding plants,... Read more
Medicine Man Technologies to Acquire Los Sueños Farms, Colorado’s Largest Outdoor Cannabis Farm
Marijuana Industry News June 6, 2019
In a headline-grabbing M&A deal that reveals much about the Colorado cannabis marketplace, Denver-based Medicine Man Technologies announced its intent to acquire two companies: Los Sueños Farms, which boasts the largest outdoor cannabis cultivation business in the state, and MesaPur, which operates as Purplebee’s and holds retail and manufacturing... Read more
FSD Pharma Adds Two More Cannabis Researchers to Scientific Advisory Board
Marijuana Industry News June 6, 2019
In a headline-grabbing M&A deal that reveals much about the Colorado cannabis marketplace, Denver-based Medicine Man Technologies announced its intent to acquire two companies: Los Sueños Farms, which boasts the largest outdoor cannabis cultivation business in the state, and MesaPur, which operates as Purplebee’s and holds retail and manufacturing... Read more
Maine Lawmakers Will Get Another Shot at Recreational Marijuana Rules
Marijuana Industry News June 6, 2019
In a headline-grabbing M&A deal that reveals much about the Colorado cannabis marketplace, Denver-based Medicine Man Technologies announced its intent to acquire two companies: Los Sueños Farms, which boasts the largest outdoor cannabis cultivation business in the state, and MesaPur, which operates as Purplebee’s and holds retail and manufacturing... Read more
Delaware Marijuana Legalization Bill Clears First Legislative Hurdle
Marijuana Industry News June 6, 2019
In a headline-grabbing M&A deal that reveals much about the Colorado cannabis marketplace, Denver-based Medicine Man Technologies announced its intent to acquire two companies: Los Sueños Farms, which boasts the largest outdoor cannabis cultivation business in the state, and MesaPur, which operates as Purplebee’s and holds retail and manufacturing... Read more
Federal Reserve Official Pledges To Tell Banks They Can Service Hemp Businesses
FeaturedMarijuana IndustryMarijuana Industry News June 6, 2019 0
A Delaware House committee approved a bill to legalize marijuana for adult use in the state on Wednesday. The legislation would allow people aged 21 and older to possess, consume and purchase certain amounts of cannabis. It also contains a number of social equity provisions, including expungements for individuals... Read more
