Medical marijuana companies around the world have raised $2.7 billion so far this year to capitalize on explosive growth in the industry, an almost 300% increase from the same time last year. More than half that total, $1.6 billion, was raised in Canada via 189 transactions, the Financial Post reported. The data was compiled by […]
The Hawaiian black market has worked just fine for most of its residents, so there’s been no huge grassroots push for legalization. Banking and tax challenges, retail management and laws are all unappealing elements one needn’t be concerned with when t…
“Metatron is pleased to report the final stage development of Bitweed™, a cryptocurrency transaction and tracking app for Marijuana dispensaries and consumers that we expect to evolve into its own token/coin”
In an open letter, Deputy Montfort Tadier has asked Health Minister Andrew Green to consider licensing Island growers to produce medicinal cannabis. His comments come after Senator Green told the States Assembly this week that finding appropriate suppliers that are prepared to deliver cannabis-based medicine products to Jersey has been ‘more difficult than originally envisaged’.
The world is changing ! Munich Police Headquarters have reimbursed a medicinal cannabis patient after two officers insulted him and made the cannabis in his possession unusable.
A multistate medical marijuana company that lost out in the race for one of a dozen large-scale MMJ cultivation licenses in Ohio is suing the state over what it claims is an unfair “racial quota.” According to The Plain Dealer, PharmaCann Ohio is asking a state court to order that the 12 available large cultivation […]
In the latest development in the MassRoots saga, three members of the board of directors have resigned, and former CEO Isaac Dietrich has been reinstated under the terms of a deal struck between the four of them. “I am back at MassRoots,” an elated Dietrich told Marijuana Business Daily on Wednesday afternoon. Dietrich had previously threatened […]
Cannabis got a big boost from international health authorities Wednesday when the UN’s World Health Organization said that CBD should not be scheduled as a controlled substance, an initial finding that comes about a month after the agency reviewed cannabidiol therapies. The WHO also said that it wants to take a closer look at cannabis […]
James Slatic and his San Diego cannabis distribution company have apparently come out on top in a nearly two-year fight with the district attorney’s office. The DA has agreed in a settlement to return nearly $300,000 to Slatic that was seized in January 2016 when law enforcement agents raided Med-West Distribution, Slatic’s San Diego cannabis company, the […]
One of Canada’s largest medical marijuana producers announced a stock-purchase deal to raise 100 million Canadian dollars ($77.7 million) in capital, which it intends to apply to the construction of new production facilities globally and in Canada. Leamington, Ontario-based Aphria also said in a news release it has given the underwriters involved in the transaction the […]