Curaleaf Shrinks in 3 States While Akerna Exits Cannabis
WAKEFIELD, Mass., and DENVER – Two of the cannabis industry’s most visible public companies are taking dramatic measures to survive market volatility. Curaleaf Holdings...
Akerna Unloads 3 More Business Units in 2023
DENVER – POSaBIT has signed an agreement to acquire MJ Platform, Leaf Data Systems, and Ample Organics from Akerna in a $4-million cash deal....
FDA Issues Guidance for Clinical Research & Product Development
SILVER SPRING, M.D. – The Federal Drug Administration's (FDA) Center for Drug Evaluation and Research issued its final nonbinding recommendations for clinical cannabis research...
Medical Marijuana Patients Win in Two Major Decisions
PHOENIX, A.Z., and BUFFALO, N.Y. – Courts in Arizona and New York sided with medical marijuana patients in two cases with broad implications for...
NYC’s Adult-Use Market Is Officially Open for Business
NEW YORK – The nonprofit Housing Works Cannabis Co. opened its doors to the public in the East Village on December 29, marking the...
Google Expands Ad Policy to Allow CBD Promotions in 2023
MOUNTAIN VIEW, Calif. – Beginning January 20, Google will allow CBD and hemp companies to advertise products in California, Colorado, and Puerto Rico, as...
MJBiz CEO Chris Walsh to Step Down
DENVER – MJBiz Chief Executive Officer Chris Walsh, who has been with the company since its founding in 2011, will depart in January, MJBiz...
The $7B Cashless ATM Workaround Is Closing Fast
LOS ANGELES – Dispensaries and delivery services across the country are scrambling for alternatives to replace the popular so-called cashless ATM payment option that...
D.C. Lawmakers Advance Business-Friendly Bill for the Capital
WASHINGTON, D.C. – Lawmakers in the capital are moving forward with a revised medical marijuana bill poised to make significant business-friendly changes to local...
Kentucky Gov. Signs Interstate Medical and Delta-8 Executive Orders
FRANKFORT, Ky. – Kentucky residents will be able to import THC-containing products from surrounding states beginning January 1, 2023, under an executive order Gov....