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Finance

Aurora Cannabis Receives EU GMP Certification for its Aurora River Facility

Aurora now has three EU GMP certified production facilities in Canada.

February 3, 2020

Legislation and Regulation

New Mexico Court Rules Medical Cannabis Producers Can Claim Tax Deduction

A state Court of Appeals ruling allows producers to claim a tax deduction for prescription medication, which could affect both patients’ costs and the state budget.

February 3, 2020

Legislation and Regulation

Judge Rules Cambridge, Mass., Cannot Delay Licensed Medical Cannabis Dispensaries from Entering Adult-Use Market

Saul Ewing’s Zachary Berk discusses the case that the firm’s client, Revolutionary Clinics, brought against the city, and the ruling’s broader impact on the industry.

February 3, 2020

Legislation and Regulation

Adult-Use Cannabis Legalization Bills Advance in New Hampshire and New Mexico, MedMen CEO Steps Down: Week in Review

A New Hampshire House committee approved legislation to legalize the possession and limited cultivation of cannabis this week, while a New Mexico Senate panel voted to advance that state’s adult-use legislation.

February 1, 2020

Interviews & Opinion

Cannabis Dispensary Data Breach: How Can Businesses Protect Their Customers’ Information?

Tens of thousands of customers have been impacted by a data breach linked to a point-of-sale-software company. Here, Matthew Dunn of risk consulting firm Kroll shares cybersecurity tips for the industry.

January 31, 2020

Finance

SEC Alleges Pyramid Scheme Run by Fraudulent Cannabis Business Executives in California, Washington

All told, $4.85 million was tied up in Green Acre Pharms, a licensed cannabis business that never generated returns for investors.

January 31, 2020

Finance

Global Cannabis Market to Hit $42.7 Billion by 2024, According to Updated Report from Arcview Group, BDS Analytics

Worldwide legal cannabis spending hit $14.9 billion in 2019, up from $10.2 billion in 2018.

January 30, 2020

Finance

Boosting Efficiency with a Focus on People: Q&A with Leif Abel

The co-founder of Greatland Ganja discusses how to implement lean business practices into a cannabis or hemp operation while keeping employees happy.

January 30, 2020

Finance

NewTropic Launches Cannabis Manufacturing Facility in Santa Rosa, Calif.

The facility, which is in the process of becoming cGMP certified, will produce bulk cannabis crude and distillate, flower and pre-rolls, and all forms of cannabis concentrates, with edibles and beverages coming online in 2020.

January 29, 2020

Arizona

Nabis Holdings Inc. to Enter into Joint Venture with Israeli Pharmaceutical Company Panaxia

Through the joint venture, the companies will launch multiple pharma-grade THC and CBD cannabis products in Arizona in the second half of 2020.

January 29, 2020

Finance

Cresco Labs Closes Sale-and-Leaseback with Innovative Industrial Properties for Ohio Facility

The company has closed on the agreement to sell its Yellow Springs, Ohio, property to Innovative Industrial Properties, Inc.

January 29, 2020

Interviews & Opinion

Why Insurance Policies for Directors and Officers Are Essential in the Cannabis Industry

Cannabis businesses run a higher risk of facing a “D&O claim,” or a lawsuit aimed directly at the directors and officers of the company rather than at the company itself.

January 29, 2020