New Mexico medical cannabis firm wins $69,000 in lawsuit settlement

January 07, 2020
 

Expo New Mexico officials agreed to drop a pending appeal and pay $69,600 to medical marijuana company Ultra Health as part of a lawsuit settlement. The settlement comes almost a year after a judge ruled that event company Expo New Mexico had violated Ultra Healths First Amendment rights by restricting its free speech. The legal […]

New Mexico medical cannabis firm wins $69,000 in lawsuit settlement is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Illinois recreational marijuana sales near $11 million

January 07, 2020
 

Adult-use cannabis retailers in Illinoishave sold almost $11 million of recreational marijuana since sales began Jan. 1. According to state Department of Financial and Professional Regulation, the 37 licensed recreational marijuana stores registered more than 271,000 transactions since the launch of Illinois’ rec industry. On the first day alone, sales nearly reached$3.2 million. Sales were […]

Illinois’ recreational marijuana sales near $11 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Analyst warns of shelved expansion, restructuring as cannabis firms teeter on edge

January 07, 2020
 

The number of Canadian cannabis producers with fewer than six months of cash on hand has increased over the past quarter, reflecting disappointing earnings and front-loaded capital expenditures, according to an analyst. Greg McLeish of the Toronto office of Mackie Research Capital found that 25 companies are down to half-a-year of cash when capital expenditures […]

Analyst warns of shelved expansion, restructuring as cannabis firms teeter on edge is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

South Dakota to vote on adult use, medical cannabis

January 07, 2020
 

Voters in South Dakota will decide this year whether to legalize recreational marijuana for adults 21 and older. Voters also will decide in November the fate of a measure to allow medical marijuana for patients with serious health conditions South Dakota will become the first state to vote on both medical marijuana and adult-use legalization […]

South Dakota to vote on adult use, medical cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Harvest Health Sues Falcon International to Terminate California Acquisition

January 07, 2020
 
Harvest Files Suit Against Falcon International, Inc. PHOENIX, Jan. 7, 2020 /PRNewswire/ — Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”), a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., today announced that yesterday Harvest filed suit against Falcon International, Inc. (“Falcon”) requesting termination and rescission […]

Vireo Health Employees Ratify First Cannabis Union Contract in Maryland History with UFCW Local 27

January 07, 2020
 
TOWSON, Md.,Jan. 7, 2020/PRNewswire/ —United Food and Commercial Workers Local 27 (UFCW27) and Vireo Health International, Inc. (“Vireo” or “the Company”) (CNSX: VREO;OTCQX:VREOF), today announced that workers at its wholly-owned subsidiary, MaryMed, LLC (“MaryMed”), voted overwhelmingly to ratify a Collective Bargaining Agreement and officially join the ranks of UFCW Local 27. The three-year agreement marks […]

Some Illinois marijuana stores run out of product in first days of sales

January 07, 2020
 

A few adult-use cannabis retailers around Illinois stopped selling over the weekend and plan to remain closed for at least part of this week as they deal with product shortages. Recreational marijuana sales began in the state on Jan. 1, and sales almost reached $3.2 million on the first day. Sales fell to just under […]

Some Illinois marijuana stores run out of product in first days of sales is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Indiva Ships Sugarleaf by 7AC Pre-Rolls Nationwide

January 07, 2020
 
Craft rolled Jack Haze is available online and in-store LONDON, Ontario, Jan. 07, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the Company or Indiva) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce that it has shipped its first cases of Sugarleaf by 7AC (Sugarleaf). In October 2019, Indiva announced that it had signed a definitive agreement (the “Agreement”) […]

Medical marijuana proponent Roe says he’s retiring from US House

January 03, 2020
 

A staunch proponent of researching medicinal marijuana for the treatment of military veterans plans to retire from the U.S. House of Representatives. Rep. Phil Roe of Tennessee, a Republican who serves as the ranking member of the House Committee on Veterans’ Affairs, said Friday he will retire at the end of the year, according to CNN. He introduced

Medical marijuana proponent Roe says he’s retiring from US House is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


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Missouri medical marijuana grower at odds with state over license denial

January 03, 2020
 

A judge denied a request for a temporary restraining order against the state of Missouri that was sought by an applicant for a medical cannabis licensee. Paul Callicoat and his family sued the Missouri Department of Health and Senior Services after their application for a license was among hundreds denied by the agency. They planned

Missouri medical marijuana grower at odds with state over license denial is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


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