MjLink Cannabis Business News and Press

A group of 20 Democratic members of the House and Senate sent a letter to the U.S. Department of the Treasury and the Financial Crimes Enforcement Network urging them to revise “red flags” for cannabis business owners.

The Department of Cannabis Control suspects certain products in the state’s regulated market may contain poisonous or harmful substances.

The 10-year term at a reduced annualized interest rate will result in a $4.7-million reduction to principal and interest expense in the first 12 months and $3.5 million annually for four years.

The vertically integrated multistate cannabis operator now has 32 stores in seven states.

Multiple ballot proposals for the state’s next major election would impact the current and future cannabis reform front.

While the law was expected to take effect before the end of the year, Bundestag member Carmen Wegge indicated that German lawmakers will decide on the legislation next month, likely pushing its enactment until 2024.

The report examines details leading up to a Massachusetts cannabis flower production technician’s death, and says the case illustrates “missed opportunities for prevention.”

The center will evaluate the public health impacts of adult-use legalization and help inform future cannabis policy in the state.

While traveling across state lines with cannabis remains federally illegal, doing so doesn’t pose a “security threat” in airports.

Massachusetts cannabis operators and lawyers who filed a lawsuit against the U.S. attorney general over the enforcement of the Controlled Substances Act say they can’t wait—or count on—legislative action for relief.

The cannabis retail facility is Verano’s second location in Florida’s largest metro area and the company’s 73rd location in the state.

The revocation comes after the state issued a mass recall of roughly 63,000 products.

The city’s Office of Marijuana Ventures and Entrepreneurship approved 37 applicants for licenses.

The settlement is still pending finalization, but it is expected to result in the lifting of a temporary injunction that has halted the licensing process since August.

The cannabis equipment manufacturer helps to educate the next generation of hash experts.

Executives from both businesses say a strong partnership was essential to bringing Stone Road’s California-based brand to New Mexico’s rapidly growing market.

The four awardees have been vying for a market entrance for years and hope to join Trulieve and Botanical Sciences—the state’s only current operators.

Cannabis businesses from Ohio, Michigan and California are distributing the most popular, and often the most expensive, ingredient ahead of the holiday.

The multistate cannabis operator’s revenue is up 5% year-over-year with $20 million of operating cash flow generated for the quarter.

Regulators will accept applications for 179 new licenses through Dec. 12.