Finance: Page 135

Recreational Marijuana Foe in Massachusetts Says Mayor Should Resign if Commercial Cannabis Revenue Prediction for West Springfield Falls Short

Consultant Dean Martilli says Mayor William C. Reichelt's projection of $1 million in annual town tax revenue is "dramatically inflated."

Ohio Medical Marijuana Program to Bring $11 Million in Fees

The state collected $5.2 million in application fees, $2.6 million in licensing fees and another $2.6 million in annual license renewal fees.

State-Backed Bank for Marijuana Businesses Passes California Senate

The bill now heads to the California Assembly.

Firm Plans to Purchase Bristol Mall and Lease It to Cannabidiol Oil Producer in Virginia

A Bristol firm called Par Ventures Inc. announced plans to purchase the vacant Bristol Mall and lease space to Dharma Pharmaceuticals.

Bloom Farms Launches in Nevada in First Expansion Outside California

The company will sell high-quality vape pen sets and refill cartridges in dispensaries throughout the state.

Canopy Growth Moves Into Africa With Purchase of Cannabis Company in Lesotho

The $28.8-million deal brings Canopy Growth to its fifth continent.

Cura CEO Nitin Khanna Steps Down Amid ‘Personal Allegations’

Founder and President Cameron Forni will assume CEO position as Cura looks to international expansion.

Marijuana Entrepreneurs Headed to Detroit for CannaCon

The event runs from June 1-2 in the Motor City.

How CCAs Can Improve Your Cannabis Business Through Renewable Energy

In San Francisco, cannabis cultivators at Sense Grown show how to go 100-percent green.

Bipartisan STATES Act Would Exempt State-Legal Marijuana Markets From Controlled Substances Act

The bill would remove 280E burden from cannabis businesses.

FSD Pharma Inc. Commences Trading on Canadian Securities Exchange

The Canadian cannabis company is focused on building the world's largest indoor hydroponic cultivation and processing facility through its wholly owned subsidiary FV Pharma Inc.

Cannabis Advocates Urge Lawmakers to Tackle Tax Provision

The main request in meetings with members of Congress this week is overturning a regulation that prevents legal cannabis companies from deducting operating expenses.

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