March 26, 2012

Weekly Wrapup: Feds Target AZ Medical Marijuana Program + Conn. to Approve Cannabis Law?

At first glance, the federal government's move last week to warn Arizona about its medical marijuana program seemed particularly worrisome. The state's governor - Jan Brewer - could have used [click to read more...]

Privateer Holdings Expects to Raise $50M

Privateer Holdings, one of the largest private equity firms in the cannabis industry, is reportedly [click to read more...]

WeedMaps Ad Pulled From Times Square

Online dispensary directory WeedMaps recently purchased electronic billboard space in New York City's Times Square, [click to read more...]

Wisconsin Legalizes CBD Oils, But Questions Remain

Wisconsin has become the latest state to legalize cannabidiol extracts, joining Utah and Kentucky in [click to read more...]

More Oversight on Rhode Island MMJ Industry Urged

A marijuana working group in Rhode Island is lobbying for greater oversight of the state's [click to read more...]

Nevada MMJ Businesses Scramble to Meet Application Deadline

Prospective medical marijuana business owners in unincorporated areas of Nevada's largest county are making a [click to read more...]

Boston Dispensary Told to ‘Go Away’

A medical marijuana dispensary looking to set up shop in Boston can't seem to win [click to read more...]

CO Seeks to Shut Down Raided Dispensaries

Colorado regulators recently moved to shut down four dispensaries that were targeted during a high-profile [click to read more...]

DOJ Chief ‘Cautiously Optimistic’ About Rec Cannabis Programs

The nation's top law enforcement official said he is encouraged by Colorado and Washington State's [click to read more...]

70+ Oregon Cities Temporarily Ban Dispensaries

More than 70 municipalities in Oregon have implemented moratoriums on medical cannabis dispensaries, limiting businesses [click to read more...]

CA Marijuana Cultivators Urged to Cut Water Use

Legal and illegal marijuana cultivators in Northern California could be draining valuable water from the [click to read more...]

Kentucky Approves CBD Extracts Law

Kentucky has joined Utah on the short list of U.S. states to legalize cannabidiol (CBD) [click to read more...]

Maryland Revives Medical Cannabis Program, Passes Decriminalization

Maryland lawmakers have revamped the state's medical marijuana program by establishing a framework of rules [click to read more...]

Denver Rec Shop Projects $10M-$12M in 2014 Sales

The owner of one of Colorado's largest recreational marijuana stores projects his 2014 revenues will [click to read more...]

GrowLife Trading Halted by SEC, Cannabis Stocks Drop

The U.S. Securities and Exchange Commission has temporarily halted stock trading for GrowLife Inc. (PHOT), [click to read more...]