Newly rebranded California-based marijuana operator Eaze raised $10 million to acquire select assets of Eaze Technologies, its predecessor company, to fund the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida and Michigan. The now-defunct Eaze Technologies, which purchased Denver-based Green Dragon about three years ago, announced in October that it would […]
A group of seven independent marijuana social equity transporters in Illinois filed a civil rights complaint against the state’s Department of Agriculture alleging that the office discriminated against them when it issued licenses to medical cannabis cultivation centers. In a complaint filed in the 7th Judicial Circuit Court of Sangamon County – independent transporter licensees who […]
Is Republican control of the U.S. government better for marijuana reform than a Democrat-led administration, and have statewide adult-use cannabis legalization efforts simply maxed out? After the GOP’s decisive nationwide victory on Tuesday sent former President Donald Trump back to the White House – and delivered control of the Senate to Republicans – the $32 […]
The fate of Kentucky applicants seeking medical cannabis dispensary licenses will be decided starting in late November. The state’s Office of Medical Cannabis (OMC) will select the winners during two lotteries held at the Kentucky Lottery Corp., the Louisville Courier Journal reported. Winners for four licenses available in nine of Kentucky’s dispensary licensing regions will […]
Metrc will run the new seed-to-sale tracking program for Virginia’s medical cannabis market. The system, to launch in early summer 2025, will be required for all licensed MMJ processors, Virginia’s Cannabis Control Authority (CCA) announced Wednesday. The Metrc system will track cannabis from its growth cycle to production and sale, increasing consumer protection, enforcement and […]
Kentucky regulators have awarded 26 medical marijuana licenses for cultivators and processors seeking to operate in the state’s impending industry. The businesses chosen Monday in the Office of Medical Cannabis’ lottery must pay a licensing fee within 15 days or forfeit their ability to receive a license, the agency’s executive director, Sam Flynn, told the […]
Florida’s major cannabis multistate operators have seemingly abandoned the production of CBD and low-THC products which are often favored by patients seeking therapeutic benefits without the psychoactive effects. DocMJ has compiled a full report using the Florida Office of Medical Marijuana Use’s weekly data, which can be found here, to capture this significant shift that […]
Colorado-based marijuana operator Green Dragon is calling it quits. The company notified the Colorado Department of Labor and Employment last week that it plans to lay off all 59 employees at the 92,000-square-foot grow facility in Denver it’s shuttering by the end of the year. Green Dragon said it plans to close all 17 of […]
A rebate program aimed at encouraging indoor farmers – those growing cannabis and other crops – to switch to LED lights proved so popular that Minneapolis-based utility company Xcel Energy ran out of money to pay for it. The funding shortfall has left cannabis ancillary companies such as Scynce LED on the hook for hundreds […]
In a letter to the U.S. Department of Treasury and the IRS, the American Institute of CPAs (AICPA) is trying to provide guidance aimed at cannabis businesses and tax professionals ahead of potential marijuana rescheduling. “Since the beginning of decriminalization and legalization of marijuana across a growing number of states, cannabis businesses and their CPAs […]
