Weed enforcement has floundered so far. Will Gov. Hochul’s efforts change that? – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
Rhode Island’s pot stores can now legally advertise. Get ready for billboards, bus wraps, and radio spots. – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
The hidden cost of legal weed in N.J.— big electric bills, diverted water and plastic trash – Cannabis Business Executive – Cannabis and Marijuana industry news skip to Main Content Read more
Toronto-based cannabis company Flora Growth Corp. says it has the United States, Germany and Mexico in mind as its closes a $30 million cash-and-stock acquisition of Miami-based JustCBD. The deal announced Monday includes $16 million in cash and an additional 9.5 million privately issued Flora common shares to the... Read more
Two executives from New York hemp firm CanaFarma Hemp Products Corp. are accused of stealing at least $4 million from the company in the latest legal challenge to face the embattled CBD manufacturer. A federal lawsuit filed last week accuses CanaFarma executives Vitaly Fargesen and Igor Palatnik of lying... Read more
A Texas court has dismissed a lawsuit accusing pharmaceutical CBD maker GW Pharmaceuticals of violating another company’s patented method of cannabidiol extraction for its epilepsy drug Epidiolex. The 2020 lawsuit from Canadian cannabis producer Canopy Growth alleged that GW, now part of Jazz Pharmaceuticals, knowingly used a Canopy-patented cannabis... Read more
California marijuana operator Moxie is suing the billionaire family backing insolvent Green Growth Brands, claiming fraud in connection with a $310 million merger deal in 2019 that was scrapped. Moxie, as MXY Holdings, filed the suit this week in Delaware’s Chancery Court against the Ohio-based marijuana and CBD company’s... Read more
Minnesota regulators voted to allow small amounts of THC in over-the-counter hemp products. The vote, held Wednesday by the Minnesota Board of Pharmacy, follows a decision in late 2021 by a state appeals court, which said the distinction between marijuana and hemp stops at the plant. That ruling put... Read more
