Poll: Will end of federal $600 weekly jobless benefit impact cannabis sales?

The $600-a-week subsidy that has kept millions of unemployed Americans afloat since late April was to expire July 31. Congress has been unable to strike a deal to renew or replace the CARES Act, so all sectors of the U.S. economy are fearful of what lies ahead. And that includes the cannabis industry. Read about […]

Poll: Will end of federal $600 weekly jobless benefit impact marijuana sales? is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Ontario to open second cannabis warehouse by September, analyst says

Ontario’s lone cannabis wholesaler and distributor received the green light from the provincial government to expand its privately-operated distribution network when necessary, an Ontario Cannabis Store spokesperson told Marijuana Business Daily. A new distribution warehouse could come sooner than later, according to one analyst, potentially providing the slack the system currently lacks to open stores […]

Ontario to open second cannabis warehouse by September, analyst says is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Ooze Wholesale is Named the Exclusive Distributor of Stache Products in New Partnership

Jane Wagner (248) 224-9769 jane@oozewholesale.com www.oozewholesale.com FOR IMMEDIATE RELEASE  OAK PARK, Mich. — Ooze Wholesale, a Metro Detroit-based distribution company specializing in dispensary, smoke shop and retail supplies, has attained exclusive distributor rights in a partnership with Stache Products. Stache Products focuses on upscale concentrate vaporizers, and is best known for the RiO Portable Dab […]

Ooze Wholesale is Named the Exclusive Distributor of Stache Products in New Partnership is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Multistate cannabis operator Jushi upsizes debt financing to $33.3 million

Florida-based multistate marijuana and hemp operator Jushi Holdings increased a debt financing announced in late July by roughly $18 million, citing strong demand from shareholders and management. The debt financing, which was meant to fund Jushi’s $37 million purchase of grower-processor Pennsylvania Medical Solutions (PAMS) from Minneapolis-based MSO Vireo Health International, was previously worth $15.25 […]

Multistate marijuana operator Jushi upsizes debt financing to $33.3 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Rhode Island governor to renew push for adult-use cannabis legalization

Rhode Island Gov. Gina Raimondo will continue trying to legalize adult-use marijuana in the state. She sees legal recreational sales as a possible revenue generator, she told Cranston TV station WJAR on Friday morning. “I was in favor of it last year, so I’m continuing to be in favor of it,” Raimondo said during a […]

Rhode Island governor to renew push for adult-use cannabis legalization is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Where’s California’s Hemp Production Plan?

The Agriculture Improvement Act of 2018 (2018 Farm Bill) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (CSA) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (USDA) regulatory authority over hemp […]

The post Where’s California’s Hemp Production Plan? appeared first on Harris Bricken.

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New European-grown cannabis flower variety now available to German pharmacies

Berlin-based CanPharma is believed to be the first company to offer in Germany “a German brand of medical cannabis flower sourced from a non-Canadian (owned) production facility,” the firm’s chief financial officer told Marijuana Business Daily. According to CFO David Attwood, the flower is produced in Europe in an EU-Good Manufacturing Practice-certified facility. He declined […]

New European-grown cannabis flower variety now available to German pharmacies is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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