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
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
MEXICO CITY — Mexico’s marijuana revolution is on display steps from the nation’s Senate, where for the last nine months activists have maintained a fragrant cannabis garden. Each day, hundreds of people stroll amid a labyrinth of towering green plants, freely lighting joints and getting high. Their wafting smoke is meant to serve as a reminder to Read More
The adult-use marijuana club of the United States just grew to 11 with the addition of Vermont on Wednesday. Gov. Phil Scott, a Republican, announced that he allowed legislation to regulate and tax cannabis sales to become law without his signature, according to a news release from the governor’s office. The news, which sets the stage for Read More
Lil Wayne performs during the 2020 BET Awards on June 28, 2020. (Photo by BET Awards 2020/Getty Images via Getty Images) Rapper and entrepreneur Lil Wayne’s cannabis brand GKUA Ultra Premium, which debuted last December in California, has expanded to Michigan. The products launching in Michigan at select dispensaries include flower, pre-rolls, vapes, concentrates and the Read More
On November 1, 2020, mandatory testing of all medical marijuana sold at Arizona dispensaries begins. The Arizona Department of Health Services (ADHS) will oversee Senate Bill 1494, which requires the new testing rules. SB 1494 reads, in part, that Arizona medical marijuana dispensaries must test “marijuana and marijuana products for medical use to determine unsafe levels of microbial Read More
Nicole Vaughn prepares to smoke Revolution cannabis as she tests products for the Cannabis Cup at her home on Aug. 27, 2020. (Stacey Wescott / Chicago Tribune) The results of Illinois’ first statewide legal marijuana competition revealed a clear favorite, though a couple of full-time cannabis reviewers caution people to take the results with a grain Read More