Rollout Of New Mexico Consumption Lounges May Be Affected By COVID-19
FeaturedNew MexicoTrending Stories June 8, 2020 0
Onsite consumption areas at New Mexico medical marijuana retailers authorized by a law scheduled to go into effect next month could be delayed by ongoing restrictions put in place to help stem the spread of the COVID-19 coronavirus, according to the state’s top cannabis regulator. Under a bill passed... Read more
MediPharm Labs Raises $37.8 Million Through Private Placement of Debt Convertible at $2.28 with Warrants
FeaturedTrending Stories June 8, 2020 0
MediPharm Labs Closes $37.8 Million Private Placement TORONTO, June 08, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE:MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized, research-driven pharmaceutical-quality cannabis extraction, distillation and derivative products, is pleased to announce that it has today closed a private placement... Read more
Schwazze Signs Definitive Agreement to Buy 14 Star Buds Colorado Cannabis Stores for $118 Million in Cash and Stock
ColoradoFeaturedTrending Stories June 8, 2020 0
Schwazze, Formerly Operating as Medicine Man Technologies, Inc., Announces Definitive Acquisition Agreements for Star Buds’ Colorado Locations Company Files Change of Ownership for Successful Retail Cannabis Operator; Transactions Expected to Close in the Third Quarter of 2020 Anticipated Acquisitions Mark the Next Step in Schwazze’s Strategy in Creating a... Read more
Pennsylvania Federal Judge Rules Those On Probation May Not Use Medical Cannabis
FeaturedPennsylvaniaTrending Stories June 5, 2020 0
A federal judge in Pennsylvania this week ruled that a woman on probation could not use marijuana, despite having a medical cannabis card that legally entitles her to a prescription. On Wednesday, U.S. Middle District Judge Matthew W. Brann reportedly told 31-year-old Alyssa Howe that using medical marijuana during... Read more
Massachusetts Parents Told To Leave Kids At Home For Curbside Cannabis Pickups
FeaturedMassachusettsTrending Stories June 5, 2020 0
Massachusetts parents in the market for legal recreational cannabis will have to leave their kids at home while making curbside pickups at dispensaries under guidelines clarified by state regulators on Thursday. The decision to ban individuals younger than 21 from cars making cannabis pickups comes despite the lack of... Read more
Iowa lawmakers passed a bill this week to tweak the state’s medical marijuana program, and now the measure now awaits the governor’s signature. State senators passed the measure late Wednesday, according to local television station KCCI. In March, the Iowa House of Representatives passed the reform measure by a... Read more
New Jersey Medical Cannabis Market Will Provide Opportunity to Publicly Traded Companies
FeaturedNew JerseyTrending Stories June 5, 2020 0
New Jersey’s medical cannabis program remains in its infancy due to a very slow start, but the state, with a population of 8.9 million, has recently added additional licenses and has improved its program dramatically under the leadership of Governor Phil Murphy. In this review, we take a look at... Read more
List Of Cannabis Dispensaries Affected By Civil Unrest Grows
FeaturedTrending Stories June 5, 2020 0
As protests and civil unrest sparked by the death of George Floyd while in the custody of Minneapolis police continue in cities across the country, cannabis dispensaries from coast to coast have been the target of looters and organized thieves. As of Monday morning, at least 30 dispensaries had... Read more
DEA Granted Broad Power To Police Demonstrations Over Death Of George Floyd
FeaturedTrending Stories June 5, 2020 0
The U.S. Drug Enforcement Administration has been granted temporary authority to conduct covert surveillance and collect intelligence on demonstrators protesting the death of George Floyd at the hands of Minneapolis police, according to an agency memo obtained by reporters for Buzzfeed News. The permission to monitor the activities of... Read more
Attorney Drafts Bill to Make Myrtle Beach a Decriminalized City for Cannabis
FeaturedSouth CarolinaTrending Stories June 5, 2020 0
An attorney in Myrtle Beach wants to write a law that would decriminalize cannabis in the city of Myrtle Beach, South Carolina. Jonny McCoy is the man who served as attorney for Julian Betton, a man who was shot nine times by police during a drug raid in Myrtle... Read more