Class Action Lawsuit Filed Against Xzibit-Owned Vape Cartridge Company in California
A class action lawsuit against vape cartridge manufacturer Brass Knuckles has been filed in California which alleges breach of warranty,… Read More
Cannabis News & Information
Cannabis Business News
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Aurora Cannabis Invests $1M in Canadian Drug Delivery Company
Canadian cannabis producer Aurora Cannabis has invested $1 million in CCT Pharmaceutical Holdings, Inc, the developers of an oral dose-specific… Read More
Kaua’i, Hawaii Gets First MMJ Dispensary; Brings Statewide Total to Six
Kaua’i, Hawaii has its first medical cannabis dispensary now that Green Aloha, which does business under the name Have a… Read More
Creating Pro-Forma Financial Statements for Your Cannabis Business
Part of being an entrepreneur is having to wear many hats. As a business owner, you’re also the head of… Read More
California Bureau of Cannabis Control Proposes Extension of Emergency Cannabis Regulations
The California Bureau of Cannabis Control has proposed the state readopt and extend the current, emergency cannabis industry regulations. Previous… Read More
Cannabis Market Research Firm BDS Analytics Raises $3.5M
Cannabis market research firm BDS Analytics has raised $3.5 million in Series B funding led by CanopyVentures and Altitude Investment… Read More
Canopy Rivers Offering $1M Seed Capital to June ‘Pitch Day’ Winners
Canopy Rivers is hosting a “pitch day” for Canadian cannabis entrepreneurs ahead of federal legalization as part of the “Micro… Read More
Canada’s Maricann to Acquire Malta’s Medican Holdings in Stock and Cash Deal
Maricann Group Inc. has agreed to acquire Medican Holdings Ltd, whose subsidiary Medican Research Group is one of six companies… Read More
Canada’s Canopy Growth Applies for NYSE Listing
Canopy Growth Corp. – Canada’s largest cannabis company – has applied to list on the New York Stock Exchange, Bloomberg… Read More
Passed-Over MMJ Dispensary Sues Louisiana Board of Pharmacy
A lawsuit by a would-be medical cannabis dispensary could delay sales in New Orleans, Louisiana. According to a WVUE report, RX… Read More
1,500 Attend New England Cannabis Convention’s Inaugural Vermont Show
About 1,500 attended the New England Cannabis Convention’s inaugural show in South Burlington, Vermont, meeting the expectations of organizers and… Read More
Aurora Cannabis Reaches Deal to Acquire MedRealf in C$3.2B Stock Deal
Aurora Cannabis Inc. is set to acquire MedReleaf Corp. in an all-stock deal worth C$3.2 billion. Under the agreement MedReleaf… Read More
Massachusetts Cannabis Regulators Mistakenly Approve, Then Rescind, 10 Retail Cannabis Applications
The Massachusetts Cannabis Control Commission mistakenly approved 10 priority certification retail cannabis applications that were supposed to be denied, according… Read More
Washington’s Seed-to-Sale Traceability Issues Persist
In order to address ongoing issues with Leaf Data Systems (LDS) — Washington state’s traceability database, built by MJ Freeway… Read More
Blumenauer Urges Small Business Administration to Rescind Anti-Cannabis Loan Guidance
Last month, the federal Small Business Administration released a new policy indicating that direct cannabis businesses, indirect cannabis business, and… Read More
Ontario Government Awards $300K Grant for Cannabis Beer Project
The Ontario, Canada government has awarded a $300,000 research grant to Province Brands of Canada to help them develop a… Read More
Scotts Miracle-Gro CEO Says California’s ‘Botched Legalization’ Forcing Company to Cut Staff, Restructure
Scotts Miracle-Gro CEO Jim Hagedorn said that the company is going to have to cut staff and restructure the company… Read More
Colorado Dispensary Faces Loss of All Cannabis Licenses for ‘Looping’ Scheme
Colorado’s Sweet Leaf Marijuana Centers could lose its 26 retail, cultivation, and manufacturing licenses after a municipal hearing officer ruled… Read More
Report: Colorado’s Dixie Brands Considering IPO in Canada
Denver, Colorado-based cannabis beverage maker Dixie Brands is considering launching an initial public offering and listing in Canada aiming toward… Read More
Cannabis Canada Council Launches as Nation Moves Toward Legalization
Members of Canada’s cannabis industry have formed the Cannabis Canada Council, a single national industry association for the sector. The… Read More
SEC Filing: MassRoots in the Red, ‘Need to Raise Additional Funds to Continue Operations’
Cannabis tech company MassRoots reported a $44 million net loss on revenues under $320,000 in 2017, according to its annual… Read More
Canada’s CannaRoyalty Continues California Push, Reaches Agreement to Acquire FloraCal
Canadian cannabis product and brands company CannaRoyalty is continuing its expansion into California, announcing that it has entered an agreement… Read More
Washington Break-Ins Reinforce Cannabis Banking Concerns
With a surplus of cash and cannabis products always on hand, dispensary locations are prime targets for robbery. Washington state… Read More
ScottsMiracle-Gro Purchases U.S.’s Largest Hydroponic Distributor
ScottsMiracle-Gro is set to acquire Sunlight Supply Inc., the nation’s largest hydroponic distributor, which would see annualized sales of about… Read More