Shake-up at National Cannabis Industry Association
admin A longtime board member has resigned and a newly hired chief of staff has been let go. That’s all happened in the past week at the Washington DC-based National Cannabis…
December 2017
Cannabis software company raises $3.2 million
A Florida-based company whose software helps marijuana retailers implement customer relationship and loyalty strategies has raised $3.2 million. Boca Raton-based Springbig has now raised a total of $6.3 million, according…
New data puts size of Canada’s marijuana industry on par with wine
Canadians spent almost the same amount of money on black-market cannabis in 2015 as they did on wine, according to a new estimate by Statistics Canada, indicating the legalized marijuana…
New Zealand makes move to legalize medical marijuana
A bill to legalize medical marijuana in New Zealand will be introduced this week in the nation’s Parliament, and it will be done by the country’s health minister, a move…
Will wholesale cannabis slide to $500 a pound in California’s regulated recreational market?
The heyday for marijuana cultivators in California is on borrowed time. The Golden State’s licensed recreational cannabis market begins in January, and some industry watchers expect the average price of…
Confusion over CBD helps derail proposed store in Idaho
An Idaho business owner who tried to open a storefront selling dietary supplements has been stymied by local officials who say the CBD products he wanted to sell may be…
Colombian firm with Canadian ties opens medical cannabis research lab
Colombian company FCM Global S.A.S. has launched a medical cannabis research and development lab in the South American nation. With a distribution office in Toronto, Medellin-based FCM Global joins the…