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Legislation and Regulation

Illinois Senate Approves Legislation Aimed at Improving Social Equity in Cannabis Licensing Process

The bill would establish two systems for the state’s lottery for dispensary licenses, as well as create a new lottery for 75 additional retail licenses.

January 14, 2021

Legislation and Regulation

Virginia Governor Proposes Adult-Use Cannabis Legalization Bill

The legislation would allow sales to launch Jan. 1, 2023.

January 14, 2021

Indiana

Indiana Lawmaker Introduces Cannabis Legalization Bills

Sen. Karen Tallian is sponsoring two pieces of legislation that would legalize and regulate medical and adult-use cannabis, as well as hemp.

January 14, 2021

Michigan

Michigan’s Adult-Use Cannabis Sales Increased Significantly in 2020

According to new data from Headset, adult-use cannabis sales in Michigan topped $500 million between January and December 2020.

January 14, 2021

Finance

Canopy Growth Announces Filing of Early Warning Report Regarding TerrAscend Corp.

The company announces the acquisition of an option to maintain pro rata ownership interest of approximately 20% following TerrAscend financing.

January 14, 2021

Finance

Cresco Labs to Expand Into Florida Through Acquisition of Bluma Wellness Inc.

The company will now have operations in all seven cannabis markets that fall within the top 10 most populated states in the U.S.

January 14, 2021

Finance

WeedMD Expands its Color Cannabis Brand into the Province of Quebec

Color products will now be accessible to over 85% of Canada’s retail market.

January 14, 2021

Distribution

Rubicon Organics Receives Sales Amendment from Health Canada

The company is now able to sell its LAB THEORY brand of concentrate products directly to provinces and distributors.

January 14, 2021

Legislation and Regulation

Mexico’s Health Ministry Publishes Medical Cannabis Rules

The move will allow pharmaceutical companies to start conducting medical research on cannabis products.

January 13, 2021

Legislation and Regulation

Group Tries Again to Place Adult-Use Cannabis Legalization Measure on North Dakota’s Ballot

Legalize ND refocused its efforts on the 2022 election after the COVID-19 pandemic made it difficult for the organization to collect enough signatures to qualify its initiative for the 2020 ballot.

January 13, 2021

Maryland

CULTA Announces Move to New Bethesda Office to Support Continuing Growth

The new headquarters will allow CULTA to add employees as it scales its business.

January 12, 2021

International

What's Happening in the 'Canopy Growth v. GW Pharmaceuticals' Lawsuit?

A new federal lawsuit highlights a patent that protects a THC and CBD extraction method.

January 12, 2021