“I strongly believe that the board must be reconstituted to ensure that the interests of the shareholders are appropriately represented,” Dietrich wrote in the SEC filing.
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The cannabis tech firm fired Isaac Dietrich for alleged ‘serious misconduct’ including claims of sex, drugs and misuse of funds, according to a new lawsuit obtained by The Cannabist.
Three well-known players in the cannabis industry have partnered in the operation of an Ontario indoor cultivation facility, a site they say could serve as a springboard for international expansion.
New CEO Scott Kveton expressed optimism that the company would be able to continue operating beyond the current quarter during a conference call with investors.
“Our current tax code puts thousands of legal marijuana businesses throughout Colorado at a disadvantage by treating them differently than other businesses,” said Gardner
The company will need to raise at least $2.5 million by year’s end to continue to fund operations, officials disclosed in a regulatory filing made Tuesday with the SEC.
Colorado marijuana shops sold a little more than $136.6 million in flower, edibles, concentrates and accessories for September 2017, according to The Cannabist’s calculations on state tax statistics.
The U.S. Drug Enforcement Administration this week will formalize its production quotas of drugs and substances utilized for medical, scientific and research purposes.
GW Pharmaceuticals, a.k.a. Greenwich Biosciences, has submitted to the FDA a New Drug Application for Epidiolex, a cannabis-based epilepsy drug with CBD.
Four firms that make CBD products, including CW Hemp, known for “Charlotte’s Web,” were warned by the FDA for illegally making unsubstantiated health claims.
Colorado aims to establish a state law enforcement unit dedicated to investigating and, ideally, eradicating illegal marijuana grow operations that have cropped up throughout the state.
The terms of the deal include an option for Constellation, owner of brands including Corona and Svedka, to increase its future ownership interest in Canopy Growth Corp. to nearly 20 percent, officials told The Cannabist
Americans’ support for marijuana legalization has reached a new high, the latest Gallup poll shows, with 64 percent of adult respondents agreeing it should be legal.
Nevada marijuana shops sold more than $33 million in recreational cannabis products in August 2017, the state’s second month of adult-use sales, according to The Cannabist’s calculations on tax data provided by a state official during a visit to Colorado last week.
MassRoots Inc. went through a massive transition this week. In a span of two days, the Denver-based marijuana tech and social media firm no longer had its founder at the helm and no longer had an acquisition valued at $12 million on the docket.
The U.S. Hemp Roundtable, an alliance of national trade groups and businesses, seeks to hammer home message that industrial hemp should be an agricultural commodity, not a controlled substance.
In 2017, Colorado has eclipsed $1 billion in marijuana sales in eight months. In 2016, it took 10 months to reach that mark. FULL REPORT
Marijuana legalization is a “sucker’s bet” that has had negative consequences in Colorado and is not right for Kentucky, the Bluegrass State’s Gov. Matt Bevin said this week.
The growing natural foods chain with roots in Boulder, is now selling CBD-rich hemp extract products at its stores across the nation. “We’re not afraid to be disruptive and pave the path and be pioneers.”
As CBD drug Epidiolex moves through FDA’s approval pipeline, the GW Pharmaceuticals product developed for treating certain types of epilepsy is watched cautiously by the hemp industry and optimistically by the medical community.
The Gorilla Glue Co. and GG Strains LLC reached a settlement in the trademark infringement case over the naming of strains such as “Gorilla Glue #4.”
CW Hemp announced early Thursday its hemp-derived extracts were available on Target.com, but later in the day, the products were no longer to be found on the retailer’s website.
Starting Oct. 1, Colorado will no longer allow marijuana edibles shaped like humans, animals, fruit or cartoons and will require more prominently displayed THC potency information. FULL REPORT
Denver once again will play both host and marijuana authority to policy makers from around the globe seeking to learn the nuts and bolts of cannabis legalization.
As the World Health Organization examines the level of international controls to be implemented on CBD, American advocates for legalization of the cannabis compound have spotted an opportunity.
Whether the man behind Denver’s recent 4/20 rally will get another go at the marijuana-centric event will soon rest in the hands of an administrative hearing officer.
Event organizer Miguel Lopez faces a three-year ban on running annual marijuana-themed event.
Tech company Eaze and others are banking on marijuana delivery expanding at “explosive” rate in California as state prepares for recreational sales.
Eaze, a San Francisco-based firm that developed software to facilitate marijuana delivery sales, has hauled in $27 million in investment capital.
The Cannabist’s calculations for July show nearly $137 million in sales, $101.1 million of which were recreational products.
A gathering of Colorado utilities officials centered around the massive power draw of indoor marijuana cultivation and issues with illegal grows.
Existing federal protections for medical marijuana states are expected to continue through at least Dec. 8.
Canada intends to commit upward of a quarter-billion dollars to deter drug-impaired driving and diversion in preparing for national cannabis legalization.
A federal legislative committee could soon determine the fate of several proposals to protect existing and future state marijuana laws, businesses and research.
Rep. Matt Gaetz, R-Florida, has proposed an appropriations amendment to provide safe harbor for medical marijuana research in the majority of U.S. states.
The lawn-and-garden giant’s sale of international operations allows the firm to focus on ambitions in hydroponics, an ancillary sector of the cannabis industry.
If he had to do it all over again, Colorado’s former marijuana czar Andrew Freedman would approach cannabis legalization by seeking out loads of data.
Promoting cannabis as a safer alternative to alcohol was a tenet of the marijuana legalization movements in Colorado and other states. Early data indicate that attitude continues when people get behind the wheel.
Colorado’s marijuana regulatory system is a model for other states, and the fledgling program could become even more robust with the federal government’s support, the state’s governor and top law enforcement officer said in a letter sent Thursday to Attorney General Jeff Sessions.
Colorado was the last of the four legal marijuana states to reply to Attorney General Jeff Sessions’ July 24 letters questioning each state’s respective regulatory regimes, however the response from the state that served as a trailblazer of recreational cannabis was the most comprehensive.
A bipartisan group of lawmakers sent a letter Wednesday to Attorney General Jeff Sessions expressing concern about a reported move by the Justice Department to halt marijuana research.
MassRoots Inc., a Denver-based marijuana tech and social media firm, plans to snap up web-based rules and regulations company CannaRegs Ltd.
As Wyoming prepares for a massive influx of visitors for the coming eclipse, Colorado’s neighbor to the north welcomes the migration — minus marijuana.
Cannabis sales through June 2017 are up 25.7 percent compared with the first half of 2016, The Cannabist’s calculations show.
When you think of Gorilla Glue, is what comes to mind — adhesive or weed strain? A lawsuit against GG Strains could shake up marijuana industry branding.
AG Jeff Sessions’ letter to Oregon Gov. Kate Brown zeroed in on state police findings that marijuana legalization did little to cull black market activity.
The Drug Enforcement Administration intends to decrease the amount of marijuana it allocates for federally approved research in 2018.
Attorney General Jeff Sessions is questioning the efficacy of marijuana regulatory structures in Colorado in a letter to Gov. John Hickenlooper obtained by The Cannabist.
The venerable lawn-and-garden giant’s leap into hydroponics, an ancillary sector of the cannabis industry, continues to bolster its top line.
New Jersey Sen. Cory Booker is introducing a comprehensive bill on Tuesday to deschedule marijuana, provide incentives for states to legalize, and create mechanisms to address racial justice concerns.
Where a buzz hits you can tell you a lot about what you’ll be in for. Here, the 303 Kush sat in the center of my head — right behind my eyes — and camped out. This is the kind of “Magic Eye High” where you find yourself looking at something, but also through it at the same time. And, to be fair, this is exactly what I was looking for.
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- 3Here are the new rules for legal marijuana in California, effective Jan. 1
- 4With Denver's ban on 4/20 rally organizer upheld, lawyer vows to fight any similar marijuana event
- 5Wyoming, bucking national trend, moves to tighten marijuana laws
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