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Turmoil abounds over Los Angeles’ latest marijuana business licensing and its social equity program

Los Angeles’ latest marijuana business licensing round – which opened last month and has yet to award any retail permits – has many hopeful applicants outraged and threatening to take drastic action if major changes aren’t made. Hundreds reportedly appeared Thursday for the city’s Cannabis Regulation Commission meeting, where allegations of corruption, incompetence, and basic […]

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Cannabis farmers in Western states report large crop yields, only minor challenges

Cannabis growers in California, Oregon and Washington state say they are enjoying a robust outdoor harvest, with strong crop yields, high-quality flower and market prices well above last year’s depressed levels. Growers in the Western United States?have been reporting higher overall prices, so this turnaround in the market coupled with higher yields likely will make […]

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Week in Review: Mexico moves toward recreational cannabis legalization, vape firm Pax cuts jobs, Northeast govs huddle & more

Mexico prepares to become the most populous nation in the world to legalize adult-use marijuana, vape company Pax cuts 25% of its workforce, governors of Northeast states consider working together to legalize recreational MJ?– and more of the week’s top cannabis business news. Mexico prepares to legalize recreational cannabis Mexico’s Senate is ready to receive?a […]

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Antitrust cloud lifting on cannabis M&A deals, but will some be renegotiated – or even abandoned?

The antitrust cloud hanging over several large mergers and acquisitions in the U.S. marijuana industry appears to be lifting, but its effects continue to linger and could remain a factor if the deals ultimately are renegotiated or even scrapped in a difficult funding environment. In recent weeks, a number of marijuana companies have announced that […]

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MJBizDaily leadership change: Co-founder Farrington stepping down as CEO; Walsh to take reins

Cassandra Farrington, the co-founder of Marijuana Business Daily, is stepping aside as CEO of the pioneering cannabis publishing and trade show business at the end of the year and will be replaced by the company’s?founding editor and president, Chris Walsh. Farrington, who has overseen huge growth at MJBizDaily since its founding in 2011, will transition […]

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Experts weigh in on prospects for regional cannabis coordination among US Northeast governors

Democratic governors from five states in the Northeast last week agreed on core principles?for a legal recreational marijuana industry across the region. The idea is that there would be uniform standards for market regulation, including: Licensing. Taxation. Minority participation. Small-business participation. THC potency. But how realistic is it that the Northeast could, in effect, become […]

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Prospects brighten for cannabis farmers in California’s Emerald Triangle: Q&A with Humboldt Alliance’s Terra Carver

Terra Carver has lived in California’s Humboldt County nearly her entire life. Since January 2017, she’s served as executive director of the Humboldt County Growers Alliance (HCGA), a coalition she co-founded with the aim of helping longtime local marijuana farmers transition successfully into the new legal market. The first year of California’s legal marijuana market […]

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Marijuana businesses increasingly plan to sue if regulators fail to award them a business license

Cannabis companies, particularly multistate operators (MSOs), are increasingly incorporating lawsuits into their licensing application strategy in a bid to secure a permit in a highly sought-after market. That strategy of preparing to fight license rejections by state regulators, especially those lost by a narrow margin, is based on a number of factors: Many marijuana business […]

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