Illinois to hold lottery for retail cannabis licenses next month

Applicants for retail cannabis licenses in Illinois will be awarded in a lottery next month, after all 17 regions saw only about 20...

Nevada judge rules cannabis licensing process can proceed

A Nevada judge ruled the state’s marijuana licensing process can resume, with some new retail marijuana stores allowed to open. The decision, issued Thursday,...
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Quebec cannabis stores post quarterly profit as sales grow

Quebec’s monopoly cannabis retailer Société québécoise du cannabis (SQDC) has posted a net profit of 9.7 million Canadian dollars ($7.4 million) for the...

Red tape hampers Peru’s medical cannabis market, but new products expected soon

Medical marijuana companies seeking to serve patients in Peru have been stymied by government red tape, but that appears to be slowly changing...
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Cannabis companies secure fresh funding deals as investors wade back into capital markets

Marijuana businesses have raised hundreds of millions of dollars in recent...

Massachusetts credit union partners with marijuana payment processor

The GFA Federal Credit Union, which said in 2018 that it would serve Massachusetts marijuana companies, announced a new partnership this week with...

Canopy confirms layoffs at Niagara-on-the-Lake cannabis facility

Cannabis producer Canopy Growth has conducted more layoffs, this time at its operation in Niagara-on-the-Lake, Ontario, the company confirmed. “Canopy Growth did conduct a...

California city rejects MedMen application for cannabis store license

Troubled multistate marijuana operator MedMen Enterprises was rejected for a conditional-use permit needed to open a planned retail outlet in Pasadena, California –...

German group rejects CBD narcotic classification, wants sales only via prescription

An association of pharmacies dispensing medical cannabis in Germany rejects the idea that CBD ought to be considered a narcotic, but wants the...

Aurora Cannabis faces lawsuit over sublingual strip licensing agreement

Aurora Cannabis is being taken to court by CTT Pharma, a Canadian developer of drug delivery technologies that alleges the marijuana giant is...

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