Search Results for: ILL

Cresco Labs Enters Florida – Will Have Access to 65% Of The Total Addressable U.S. Cannabis Market

VidaCann Fla

ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it is entering the Florida market through the signing of a letter agreement to acquire the ownership interests or assets of VidaCann Ltd. and/or affiliated entities, one of the largest and most advanced providers of medical Read the full article…

USDA Hosts Webinar On The Domestic Hemp Production Program & 2018 Farm Bill

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DISTRICT OF COLUMBIA: The USDA will host a free webinar explaining the 2018 Farm Bill and The Domestic Hemp Production Program. Event Date: Wednesday, March 13, 2019 - 12:00pm to 3:00pm The Specialty Crops Program is conducting a webinar to solicit public comments on the sections of the 2018 USDA Farm Bill relative to multiple sections dealing with Read the full article…

Oklahoma State Senate Rules Committee Sends Medical Marijuana ‘Unity’ Bill To Full Senate

OK State Senate

Rules committee sends medical marijuana ‘Unity’ bill to full Senate OKLAHOMA: The Senate Rules Committee voted unanimously Tuesday to send the legislation known as the Unity Bill to the full Senate for approval. Sen. Greg McCortney is the chair of the Rules Committee and Senate principal author of House Bill 2612, creating the safety and regulatory framework necessary Read the full article…

Booker, Lee, Khanna Introduce Landmark Marijuana Justice Bill

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Social justice bill would end the federal prohibition on marijuana, expunge records, and reinvest in communities most impacted by War on Drugs DISTRICT OF COLUMBIA: U.S. Senator Cory Booker (D-NJ), a member of the Senate’s Judiciary Committee, Rep. Barbara Lee (D-CA), Co-Chair of the Congressional Cannabis Caucus, and Rep. Ro Khanna (D-CA), today reintroduced their landmark Read the full article…

Kaine Introduces Bill To Allow Veterans To Access Medical Marijuana Through The VA

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VIRGINIA: U.S. Senator Tim Kaine, a member of the Senate Armed Service Committee, joined Senator Brian Schatz to introduce legislation to allow doctors at the U.S. Department of Veterans Affairs (VA) to discuss and potentially recommend medical marijuana to veterans in states that have established medical marijuana programs. The bill will create a temporary, five-year Read the full article…

Flow Kana Raises $125 Million To Build Largest Sustainable Cannabis Supply Chain

Flow Kana

Cannabis Industry’s Largest Private Round to Date Helps Drive Adoption of Sustainable Agricultural Model Structured Around Decentralized Small Farms CALIFORNIA: Flow Kana, the leading sustainable supply chain company and distributor of sungrown cannabis products and services, today announced the completion of a $125 million round of financing – the nation’s largest private funding round for Read the full article…

MJ – The ETFMG Alternative Harvest ETF Surpasses $1 Billion In Assets

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NEW JERSEY: ETF Managers Group (ETFMG) announced that the ETFMG Alternative Harvest ETF, better known as MJ, has officially joined the “billion dollar club.”  After less than 14 months of trading on the NYSE the Fund achieved an impressive milestone by passing $1 billion in assets under management on February 4, 2019. MJ is now the Read the full article…

California Bureau Of Cannabis Control Announces Enforcement Action On Illegal Cannabis Businesses

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CALIFORNIA: The Bureau of Cannabis Control and the Department of Consumer Affairs’ Division of Investigation-Cannabis Enforcement Unit (DOI-CEU) today announced enforcement action on two unlicensed cannabis businesses operating in Sacramento County and Los Angeles. On Thursday, January 31, 2019, DOI-CEU served a search warrant on “Nollie Green-Blu Solutions,” an unlicensed cannabis delivery service located at Read the full article…

Report: Retail Cannabis Tax Revenues Surpass $1 Billion In 2018

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DISTRICT OF COLUMBIA: State and local excise tax collections on retail adult-use cannabis sales surpassed $1 billion in 2018 — a 57 percent increase over 2017 levels, according to data compiled by the Institute on Taxation and Economic Policy. Annual excise tax revenues on adult-use cannabis sales ($1.04 billion) rivaled those for all forms of alcohol $(1.16 billion), Read the full article…

Cresco Labs’ Dispensary Launches Newly Enacted Illinois Opioid Alternative Pilot Program

MMJ PATIENT

ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, announced that the Company’s FloraMedex dispensary launched Illinois’ Opioid Alternative Pilot Program (OAPP) today vastly expanding the population of Illinois patients who can access medical cannabis in place of pharmaceutical opioid medications. Under this new program, patients with doctor approval Read the full article…