By: John Schroyer and Jeff Smith | mjbizdaily.comWeedmaps to Go Public Via SPAC in $1.5 Billion Deal despite U.S. Department of Justice investigation. “There’s uncertainty. This transaction, we don’t know what the DOJ is going to conclude, or what other issues are out there,” Karnes said. “If I was a shareholder in Silver Spike, I’d think Read More

Cannabis got a big win in Congress, but legal weed isn’t around the corner By Alicia Wallace, CNN BusinessWhile industry advocates hailed the passage of the bill, not all were pleased with some last-minute revisions that they say watered down the criminal justice and social equity provisions of the bill, including narrowing where tax dollars can Read More

Mexico to Vote on Marijuana Legalization This DecemberSource: Dan Kingston Arizona Cannabis NewsThe bill would legalize the use and possession of up to 28 grams of marijuana for adults and allow for home cultivation of up to 20 cannabis plants. Mexico has a population of nearly 130 million citizens. By contrast, Canada, which legalized recreational marijuana Read More

US House to vote on ending federal ban on marijuana In this March 22, 2019, file photo, Heather Randazzo, a grow employee at Compassionate Care Foundation’s medical marijuana dispensary, trims leaves off marijuana plants in the company’s grow house in Egg Harbor Township. Source: Jonathan D. Salant | NJ Advance Media for NJ.comA postponed vote Read More

Gov. Phil Murphy is pictured in Trenton in June.Michael Mancuso | NJ Advance Media for New Jerseyans on Tuesday voted to make recreational marijuana legal. So it’s natural to wonder: Will Gov. Phil Murphy, the Democrat who pushed for this move, partake? That’s one of the questions Murphy was asked as he gave an afternoon radio Read More

It’s a good time to celebrate  for medical cannabis patients in Virginia. On October 17, the state opened its first medical cannabis dispensary, Darma Pharmaceuticals, located in Bristol. This is the first of five medical dispensaries the Virginia Board of Pharmacy has approved of. More are set to open throughout the rest of this year. The Read More

The Reign Man … is now the Strain Man — because ex-NBA star Shawn Kemp is officially in the marijuana business. The 50-year-old Seattle SuperSonics legend is opening Shawn Kemp’s Cannabis in Seattle on Oct. 30 — a shop poised to become the first Black-owned dispensary in the city. In fact, Kemp’s even hosting former Sonics teammate, Gary Read More

LOS ANGELES, Oct. 26, 2020 /PRNewswire/ — Viola, a nationwide leader in the production and sale of premium quality cannabis products, founded by NBA veteran Al Harrington, today announced its official entry into Washington State. As states continue to legalize cannabis, Viola is breaking ground with expanded territory into the Pacific Northwest furthering the mission to grow its portfolio across the Read More

On Monday, patients celebrated the first legal sales of marijuana in the Kansas City area. But by the end of the day Tuesday, the dispensary was sold out. The Fresh Green dispensary in Lee’s Summit opened with long lines but limited supply on Monday afternoon. With only a handful of patients allowed inside at one Read More

New Jersey lawmakers took another step toward making medical marijuana expenses eligible for workers’ compensation and some other insurance coverage Monday. The state Assembly appropriations committee advanced a bill (A1708) that requires workers’ compensation and personal injury protection (PIP) auto insurance benefits to cover medical marijuana under certain circumstances. The person must be a patient Read More