Bruce Linton’s New Hemp Venture Raises $150M in Nasdaq IPO
Thu / Jul 9th
Collective Growth Corp., the new hemp investment and acquisition venture headed by veteran cannabis CEO Bruce Linton, raised $150 million in its recent IPO.
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Thu / Jul 9th
Collective Growth Corp., the new hemp investment and acquisition venture headed by veteran cannabis CEO Bruce Linton, raised $150 million in its recent IPO.
Wed / Jul 8th
After years of encountering garbage and chemicals at unlicensed cannabis cultivation sites, the United States Forest Service has entered a contract with NES Hazmat as part of its cannabis eradication program.
Wed / Jul 8th
Cannabis companies are paying insurance rates that are up to seven times higher than other industries with many citing a rise in U.S. lawsuits against publicly traded cannabis firms.
Wed / Jul 8th
Illinois cannabis dispensaries set sales records in June despite cultivators struggling to meet demand under current canopy restrictions.
Tue / Jul 7th
A Grand Jury report has condemned cannabis regulations set by the Santa Barbara County Board of Supervisors for mismanaging the local industry and ignoring its environmental impacts.
Tue / Jul 7th
An amendment to the must-pass National Defense Authorization Act would give a path for service members to re-enlist in the military even if they have consumed cannabis during their time away.
Tue / Jul 7th
Cann Group in Victoria, Australia has secured a government-funded jobs grant for $1.97 million to upgrade its cultivation/production facility, which could generate 150 local jobs.
Mon / Jul 6th
Lawmakers in the House of Representatives have advanced a highways infrastructure bill that includes language making products from state-legal cannabis markets available for federal research purposes.
Mon / Jul 6th
Despite legalizing more than 18 months ago, the UK National Health Services has yet to issue a single government-funded prescription for medical cannabis.
Fri / Jul 3rd
The San Francisco Office of Cannabis warned SF-based cannabis businesses to expect potential criminal attacks during protests scheduled for the holiday weekend.
Fri / Jul 3rd
A recent survey of more than 1,450 CBD consumers revealed that most use CBD to treat chronic pain, and 84% believe CBD is an effective replacement for opioids.
Thu / Jul 2nd
Pueblo County, Colorado is set to provide $2.3 million in scholarship funding to local students using cannabis-derived taxes.
Thu / Jul 2nd
The Los Angeles city council has unanimously approved new regulations that will tighten up the cannabis social equity program and create rules for licensing new dispensaries in city neighborhoods that have already reached their cap.
Thu / Jul 2nd
Arizona cannabis advocates have submitted 420,000 petition signatures for putting a cannabis legalization initiative on the November ballot; the campaign only needs 237,645 valid signatures to qualify.
Wed / Jul 1st
Colorado’s governor has signed legislation addressing social equity concerns in the cannabis industry — the new law allows for additional low-level cannabis possession pardons and sets aside business licenses for social equity applicants.
Wed / Jul 1st
The Dixie Elixirs brand in Colorado — one of the cannabis industry’s most established edibles brands — announced it would change its name to drop the historically racist term “Dixie.”
Wed / Jul 1st
Hightimes Holding Corp. announced this week it would acquire California cannabis delivery company Mountain High Recreation in the company’s latest move in its transition to a retail business model.
Wed / Jul 1st
John Salley, former NBA player turned entrepreneur, has teamed up with insurance industry veteran Daron Philips to launch The Cannabis Plan with National Insurance Partners.
Tue / Jun 30th
California cannabis operators have accused Border Patrol agents of confiscating cash and legal cannabis products at certain border checkpoints throughout the state.
Tue / Jun 30th
Brian Lannon, the co-founder and former CEO for Cannalysis, a California testing lab, has filed suit against the company over allegations of wrongful termination, fraudulent activities, and more.
Tue / Jun 30th
San Diego is the latest California city to establish a city-specific agency dedicated to licensing and regulating businesses in the cannabis space.
Tue / Jun 30th
Curaleaf announced it is expanding its Select vaporizers brand into four new state markets: Maine, Massachusetts, Ohio, and Florida.
Mon / Jun 29th
While there are more U.S. farmers this year who are licensed to grow hemp, total hemp acreage is down 9% from 2019.
Mon / Jun 29th
Sonoma County District Attorney Jill Ravitch announced the clearing of 2,735 low-level cannabis convictions last week.
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