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California Is Growing So Much Marijuana It Could Crash the Market

California has too many marijuana farms — growing too much product — and if nothing is done it will devastate the industry, according to a 2019 cannabis harvest projection.

Santa Cruz County Supervisors Back Bill to Lower State Cannabis Taxes, Rush to Approve Local Equity Program

Assembly Bill 286 would lower California’s cannabis excise tax from 15 percent to 11 percent until June 2022.

California’s Marijuana Industry Needs an Intervention to Avoid an ‘Extinction Event’

An estimated 10,000 marijuana growers could lose their licenses if California lawmakers fail to pass a bill designed to grant them an extension.

ONE Cannabis Earns 'Franchise Times' Dealmakers Award for Merger Activity

The award marks the first time Franchise Times’ Finance & Growth Conference has recognized a cannabis company.

FDA Plans Hearings on CBD Policy

Following hemp legalization in the U.S., the FDA must now figure out how to regulate hemp-derived CBD as a food and beverage ingredient.

The Cannabis Industry is Begging the FDA for CBD Regulations

The legal uncertainty is frustrating startups trying to cash in on the surging popularity of CBD.

Australis Capital Acquires Mr. Natural Productions Inc., Gains Rights to Founder’s Life Story

The Aurora Cannabis spin-off will bring Mr. Natural products to a wider consumer base in the U.S.

4Front Extends Cannabis Operations With Acquisitions in Arizona and Massachusetts

The company acquired Arizona vertical license holder Greens Goddess, which currently owns a Phoenix dispensary.

Arizona House Panel OKs Bill to Legalize Extracts Under Medical Marijuana Law

HB 2149 spells out that the 2010 law that allows marijuana to be used for medical purposes also legalized anything made from the resins.

Delta 9 to Supply Cannabis to Private Retail Sector in Province of Saskatchewan

The Saskatchewan Liquor and Gaming Authority has authorized the company to supply cannabis directly to the province’s retail and wholesale markets.

California’s ‘Cannabis Landlord,’ Targeted in Police Raid, Alleges San Bernardino ‘Pay-for-Play’ Corruption

The lawsuit seeks to halt the licensing of 16 commercial cannabis businesses approved by the city on Feb. 21.

Cresco Labs Launches Hemp CBD Subsidiary, Expands Reach of House Brands

The new subsidiary facilitates cross-channel opportunity to distribute its production in all 50 states though sales of hemp-based CBD.

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