Medicine Man Technologies Enters into Binding Term Sheet to Acquire Strawberry Fields, an Integrated Operator in Southern Colorado Strawberry Fields brings four dispensaries, manufacturing facilities, and over two acres of greenhouse cultivation facilities to the Company Extends its successful branded cannabis products, including Devour, an award-winning and fast-growing brand... Read more
An Oregon individual’s death has been linked to vaping products purchased from two of the state’s cannabis shops before falling fatally ill, but officials are staying mum about which stores exactly. The state’s Health Authority has launched an investigation into the death, which occurred in July after the individual... Read more
The young mayor of a Massachusetts town is in big trouble after federal agents announced on Friday that they were bringing charges of bribery, extortion, wire fraud, and filing false tax returns against him in connection with gouging marijuana entrepreneurs looking to open businesses in his town. The crazy... Read more
The air inside SunMed Growers’ sprawling, $10 million marijuana greenhouse was thick with the citrusy aroma of freshly harvested Lemon Skunk. Outside, heavy machinery cleared land for about 30,000 additional plants. “This is tripling for medical,” said owner Jake Van Wingerden, a former chairman of the Maryland Wholesale Medical Cannabis... Read more
For years now, I’ve seen and analyzed many different cannabis business relationships across the industry spectrum. Specifically, many proposed and draft agreements have come across my desk detailing the contractual relationships between a variety of parties in the cannabis industry for various purposes–from investors, ancillary services providers, and licensees to intellectual property holding companies, equipment…
Medicine Man Technologies to Acquire an Additional Four Dispensaries from an Established Retailer – Largest Transaction in Company History – This group of four dispensaries is expected to have EBITDA margins of 35% in 2019 and will be among the most profitable retail locations in the Company’s portfolio, upon... Read more
The Agriculture Improvement Act of 2018 (“2018 Farm Bill”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (“USDA”) regulatory authority over hemp…
A federal judge has ruled that an Oregon vineyard has established the legal authority to sue a neighboring cannabis growing operation. In the ruling, U.S. Senior District Judge Anna Brown found that Momzati Vineyard’s allegation that the proximity of the marijuana cultivation business had caused a “concrete financial loss”... Read more
Mississippi voters may have the opportunity to decide next year whether or not patients in the state can seek medical cannabis. The advocacy group Mississippians for Compassionate Care on Wednesday submitted a petition to the secretary of state’s office to place an initiative on the 2020 ballot to legalize... Read more
Marlisa Meah, owner of the Evergreen Wellness medical marijuana dispensary in Detroit, has a lot on her plate these days. She’s one of the first marijuana business owners in Detroit and has nearly a year of business in the new industry under her belt. So she has to ensure... Read more
