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
South Dakota tribe sues USDA over delayed hemp regulations
Industrial Hemp NewsMarijuana Laws, Regulations, & Politics June 6, 2019 0
An American Indian tribe in South Dakota has filed a federal lawsuit against the U.S. Department of Agriculture (USDA) for failing to approve its plan for hemp regulation on tribal lands. The Flandreau Santee Sioux Tribe claims that Agriculture Secretary Sonny Perdue violated the 2018 Farm Bill when he did... Read more
North Carolina considers ban on smokable hemp
FeaturedIndustrial Hemp NewsMarijuana Laws, Regulations, & Politics June 6, 2019 0
North Carolina is considering a ban on smokable hemp, but farmers say that would stifle market opportunity in a fast-growing new industry. The ban is part of a bill outlining North Carolina’s industrial hemp pilot program. The state’s Bureau of Investigation is pushing for the ban, saying it’s difficult for... Read more
