Cannabis Lobbyists Conduct Reddit ‘AMA,’ Offer Federal Legalization Predictions
Cannabis Lobbyists Conduct Reddit ‘AMA,’ Offer Federal Legalization Predictions

Leaders from the National Cannabis Industry Association (NCIA) took to Reddit on Wednesday to answer questions about the marijuana industry. Participating in an AMA (ask me anything) session with users on the popular news aggregator and discussion platform was NCIA director of government relations Michael Correia, as well as government relations managers Michelle Rutter and Maddy Grant.

South Dakotans to Vote on Cannabis Legalization in November
South Dakotans to Vote on Cannabis Legalization in November

Residents of South Dakota will get a chance to vote for the legalization of adult-use marijuana this November, Secretary of State Steve Barnett’s office announced Monday. According to a press release, Barnett validated and filed a petition that was submitted and would amend the South Dakota Constitution to “legalize, regulate, and tax marijuana.”

MedMen Hopes Divestments, New Capital Will Help Improve Profitability
MedMen Hopes Divestments, New Capital Will Help Improve Profitability

Los Angeles-based MedMen Enterprises will continue its cost-cutting efforts in the new year as it moves to sell three medical marijuana licenses in Arizona and one cultivation and manufacturing license in Illinois. The transactions are expected to generate a combined $54 million as the company works to improve its financial position in fiscal year 2020.

Recreational Cannabis Sales Begin in Illinois
Recreational Cannabis Sales Begin in Illinois

Recreational sales of marijuana in Illinois officially commenced on the first day of 2020 as dozens of dispensaries across the state opened their doors to thousands of eager cannabis customers. The Illinois Department of Financial and Professional Regulation currently lists 46 adult-use cannabis dispensaries that licensed and approved to sell marijuana throughout the state.

Aurora Cannabis Announces Executive Moves, Provides Corporate Update
Aurora Cannabis Announces Executive Moves, Provides Corporate Update

In the face of growing financial losses and a stock that has lost more than 80% of its value over the last nine months, Canada’s Aurora Cannabis Inc. is shaking things up. The company recently shared that chief corporate officer Cam Battley had stepped down from his position on December 20, among other notable announcements.

Greenbox Robotics Sees Future in CBD Vending Machines
Greenbox Robotics Sees Future in CBD Vending Machines

Greenbox bills itself as “the first fully automated CBD kiosk,” a 6-foot-tall, highly technical piece of machinery that founder Zack Johnson is producing domestically. Customers are greeted by a large touchscreen and an array of products arranged into lifestyle categories such as “Drift and Dream” and “Release and Recovery.”

New Polls Show Continued Majority Support for Federal Cannabis Legalization
New Polls Show Continued Majority Support for Federal Cannabis Legalization

A new group of polls indicates that Americans are increasingly in favor of legalizing cannabis. A Marist Poll recently found that 62% of adults believe federal marijuana legalization is a “good idea.” Meanwhile, a new Fox News survey of 1,000 registered voters also found that 63% favored the national legalization of cannabis for recreational use.

Cannabis Policy Experts Argue for Interstate Commerce at MJBizCon 2019
Cannabis Policy Experts Argue for Interstate Commerce at MJBizCon 2019

Speaking to cannabis industry professionals during a panel discussion at last week’s MJBizCon event in Las Vegas, Craft Cannabis Alliance founder Adam Smith made a strong case for the licensed transfer of cannabis between legal markets.

Columbia Care Inks $35 Million Sale-Leaseback Agreement with NewLake Capital
Columbia Care Inks $35 Million Sale-Leaseback Agreement with NewLake Capital

Columbia Care -- a multi-state operator with licenses in 13 U.S. states, Washington D.C. and Puerto Rico -- has agreed to a sale-leaseback with NewLake Capital that will net the New York-based cannabis company $35 million.

Marketing to Canna-Curious Consumers Discussed at MJBizCon 2019
Marketing to Canna-Curious Consumers Discussed at MJBizCon 2019

During a panel discussion at the 2019 MJBizCon event in Las Vegas, three cannabis company founders explained the reasons why they’ve opted to emphasize "effects" to the canna-curious customer just beginning to experiment with THC-and CBD-infused products.

THCnet Formally Launches Ahead of MJBizCon 2019
THCnet Formally Launches Ahead of MJBizCon 2019

THCnet -- a B2B resource that provides cannabis industry professionals with news, information and career opportunities – has officially launched ahead of the world’s largest cannabis business conference, MJBizCon. Founded by entrepreneurs with a passion for cannabis, THCnet.com provides in-depth coverage of the emerging marijuana and hemp industries.

Canopy Growth Corporation Names Board Chair as New CEO
Canopy Growth Corporation Names Board Chair as New CEO

Canopy Growth Corporation today announced that David Klein, the chief financial officer at Constellation Brands, which owns 38% of the Canadian cannabis firm, would take over as its chief executive officer next month.