MjLink Cannabis Business News and Press
The state held random drawings to award two dispensary and four wholesale facility licenses from each of eight congressional districts.
Upon the listing, the multistate cannabis operator plans to delist its Class A subordinate voting shares from the Canadian Securities Exchange.
The court upheld a temporary injunction that halts the state from scheduling products that contain the hemp derivative.
The facility was sold to Hershey Canada, Inc. for approximately CAD$53 million.
Steve White, who co-founded Harvest Health, will serve as an adviser for the multistate cannabis operator until the end of the year.
New Aspergillus testing requirements prompted pushback from the state’s already precarious cannabis market. Then, a lawsuit led to a temporary halt on testing for the mold and a victory for growers, at least for now.
The state’s Public Health Department reported 30,000-plus active patients but now says there are only roughly 13,000 for the low-THC oil program.
The response alleges predatory loans and fraudulent practices.
Rick Johnson, also Michigan’s ex-House speaker, accepted more than $110,000 in bribe payments, according to U.S. Attorney’s Office.
Ratification votes will be completed for all five locations by the end of next week.
The New Democrat Coalition, a caucus of nearly 100 U.S. House members, put forward a list of bills it hopes to hitch to the must-pass agriculture legislation.
The campaign backing the ballot measure released new polling data showing that three in five Ohioans support Issue 2.
The Senate Banking Committee approved the legislation Sept. 27, sending it to the floor, where Sen. Chuck Schumer plans to call a vote “as quickly as possible.”
The multistate cannabis operator announced a CA$16 million underwritten offering of subordinate voting shares.
Growers and brands fear that if signed into law, Assembly Bill 1207 will make it even more difficult for them to exist in an already tumultuous market.
Here are Cannabis Business Times' top 10 most-read articles for September 2023.
Mike was committed to fulfilling the legacy of his late father, Rob Larose, through his work and his character.
Watch the live video of the 23-member committee's hearing on the cannabis banking bill.
The cannabis banking bill survived its first-ever Senate markup and now moves to a full vote on the floor of the chamber.
Two key Senate Banking Committee members will probably miss the markup hearing, but the revised legislation is poised for approval (maybe).
