The latest cannabis news out of Michigan shows that even government agencies need a rebrand sometimes. Such is the case in Michigan, where the state’s governor Gretchen Whitmer announced last week that she has taken action “to consolidate the regulatory bodies within the State of Michigan that oversee cannabis... Read more
Ohio state Senate President Matt Huffman said last week that he will not act on a petition to legalize recreational cannabis and dared reform activists advancing the proposal to take the issue to voters in a statewide election. Huffman, one of the most powerful Republican lawmakers in Ohio and... Read more
When Cannabis Businesses face financial distress
After another rollercoaster of a year, I’m reflecting back on some of the insights my partners and I shared with the Cannabis Industry throughout the COVID-19 pandemic. One area that we’ve continued to monitor (and have recently become directly involved in) is Bankruptcy and Receivership within the Cannabis Industry.... Read more
Maryland lawmakers get first look at plan for full marijuana legalization
by Hillary Bricken, Principal at Harris Bricken Cannabis purchase order financing is gaining speed in the industry. Because of robust state regulation, high operational costs, high taxes, and the federal illegality of marijuana, a lot of cannabis businesses struggle financially in their day to day business operations. Approaches to... Read more
Trulieve Acquires 64,000 sq. ft. Cultivation Facility in Phoenix TALLAHASSEE, Fla., Feb. 15, 2022 /PRNewswire/ — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company in the U.S., today announced it has completed the acquisition of an operational 64,000 sq. ft.... Read more
Top Cannabis Stocks To Buy Now? 3 To Watch For In February
The Tennessee Valley Authority has walked back a threat made earlier this month to deny electricity service to cannabis operations, acknowledging in a statement on Thursday that the agency is required to provide power to all customers in its service area. “We want to be clear about TVA’s position... Read more
Whitmer rolls out new name for Michigan pot agency
Three years after it was formed, the Michigan Marijuana Regulatory Agency is getting a new name. The agency will be renamed the Cannabis Regulatory Agency and take up the task of overseeing hemp processing, distribution and sales in addition to its current regulation of the marijuana industry. The change moves... Read more
Medical Marijuana Is Now Legal In South Carolina
The Tennessee Valley Authority warned millions of customers last week that it will not supply electricity to cannabis operations producing cannabis legally under state law. The announcement came on the same day that Mississippi Governor Tate Reeves signed a bill legalizing medical marijuana in the state. The Tennessee Valley... Read more
( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )