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Welcome to the cannabis newsroom. Here you will find the top stories from leading, reputable news publications nationwide. When you click on a story you will leave cannabizdigital.com and be taken to a third party website. These stories are not included in our Cannabiz Digital email subscription. Bookmark this page to get your California cannabis news fix with fresh content daily.

  • Chart: Eastern US salaries top Western compensation in cannabis
    by Maggie Cowee on April 23, 2019 at 10:30 am

    Salaries for employees of U.S. marijuana companies lean higher in East Coast markets than on the West Coast. That’s one key takeaway from a Marijuana Business Magazine survey of cannabis industry recruiters. Exceptions exist, of course, such as California, where salaries are higher than average, and Florida, where they are lower than average. Several factors […] Chart: Eastern US salaries top Western compensation in cannabis is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • New Jersey really needs to rethink its legal weed tax
    by John Crudele on April 23, 2019 at 2:54 am

    A while back, I wrote that New Jersey’s proposed tax on marijuana sales — at $42 an ounce — was too high and I predicted that would result in people buying cheaper black-market pot. People wrote to me to say I was nuts because consumers would want the better quality pot that was being sold... […]

  • Patrick Schwarzenegger says Arnold inspired him to quit smoking marijuana
    by Fox News on April 22, 2019 at 8:32 pm

    He hasn't lit up in four years. […]

  • Ben & Jerry’s petitions Congress to expunge marijuana convictions
    by Fox News on April 22, 2019 at 7:25 pm

    The famous Vermont ice cream company, Ben & Jerry’s has created a petition calling on Congress to expunge prior marijuana convictions and provide pardons to anyone whose only crime was the possession of the drug, according to their website. They released a statement on the petition Saturday titled “This 4/20, Let’s Be Blunt About Justice.”... […]

  • Cannabis vaporizer company Pax Labs raises benchmark $420 million in funding
    by Nick Thomas on April 22, 2019 at 3:58 pm

    Pax Labs, a San Francisco-based maker of vaporizers, confirmed it raised $420 million in equity financing, a record for a U.S.-based marijuana company. The firm said the round included both new and existing institutional investors, including New York-based Tiger Global Management and San Francisco-based Tao Capital Partners. Pax’s raise nearly doubled the previous high for a […] Cannabis vaporizer company Pax Labs raises benchmark $420 million in funding is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • Marijuana Business This Week: AG’s on the clock, bevy of legislation, medical MJ lottery, Harvest Health earnings & more
    by Howard Burns on April 22, 2019 at 10:30 am

    Here are some notable stories and events to watch for in the coming days: BARR DEADLINE: Wednesday is the deadline set by a group of senators for U.S. Attorney General William Barr to give them answers about increasing the number of federally authorized growers of marijuana for research purposes. In a letter sent to Barr earlier this […] Marijuana Business This Week: AG’s on the clock, bevy of legislation, medical MJ lottery, Harvest Health earnings & more is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • CA marijuana regulators, L.A. officials launch 4/20 push backing legal retailers
    by John Schroyer on April 19, 2019 at 9:32 pm

    As part of a broader campaign by state officials to help bolster the legal cannabis market while clamping down on illicit businesses, the California Bureau of Cannabis Control (BCC) rolled out a new public relations campaign asking consumers to “get weed wise.” The effort advises consumers why they should aim to purchase MJ products from […] CA marijuana regulators, L.A. officials launch 4/20 push backing legal retailers is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • Brands are rolling with 4/20 as pot legalization grows
    by Associated Press on April 19, 2019 at 6:39 pm

    LOS ANGELES — Potheads have for decades celebrated their love of marijuana on April 20, but the once counterculture celebration that was all about getting stoned now is so mainstream, corporate America is starting to embrace it. No, Hallmark doesn’t yet have a card to mark “420.” But many other businesses inside and outside the... […]

  • Three executives resign from marijuana firm MedMen
    by John Schroyer on April 19, 2019 at 6:13 pm

    California-based cannabis retailer MedMen is undergoing another round of executive turnover at the top levels of the company, and the most recent losses include the chief operating officer, general counsel and company spokesman. Chief Operating Officer Ben Cook and general counsel Lisa Sergi resigned, MedMen announced in a news release. Sergi also served as a member […] Three executives resign from marijuana firm MedMen is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • A $3.4B cannabis mega-deal, marijuana firms prep for huge 4/20 sales, Alaska trade group helps keep MJ critic off state board & more of the week’s top news (SLIDESHOW)
    by Laura Hamilton on April 19, 2019 at 10:30 am

    A $3.4B cannabis mega-deal, marijuana firms prep for huge 4/20 sales, Alaska trade group helps keep MJ critic off state board & more of the week’s top news (SLIDESHOW) is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • Canopy Growth agrees to buy Acreage Holdings in $3.4B deal
    by Post Staff Report on April 19, 2019 at 2:42 am

    Canopy Growth has agreed to roll up one of the biggest US marijuana growers in a $3.4 billion deal. However, the companies said Thursday that Canopy’s acquisition of NY-based Acreage Holdings is contingent upon cannabis production and sales becoming legal at a federal level. Canopy hopes to navigate regulatory pitfalls with the influential people Acreage... […]

  • Teens collapse at school after scarfing down homemade pot brownies
    by The Sun on April 18, 2019 at 4:24 pm

    Delirious teenagers at a South London high school collapsed after eating pot brownies brought in by a 16-year-old classmate. […]

  • L.A. city attorney launches new crackdown on illegal marijuana shops
    by John Schroyer on April 18, 2019 at 1:00 pm

    Los Angeles City Attorney Mike Feurer announced a new push against illegal cannabis shops, starting with a civil lawsuit filed against one illicit operator in south L.A. and several business associates. Legal marijuana businesses in California likely will take careful note as this clampdown effort progresses, because they’ve long argued that illegal operators severely impact […] L.A. city attorney launches new crackdown on illegal marijuana shops is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • California county making progress on repeal of cannabis cultivation ban
    by John Schroyer on April 17, 2019 at 6:45 pm

    A California county is still working on a new regulatory regime to govern cannabis farmers, which could provide a way back into the legal market for hundreds of growers who’ve been stuck in limbo since January 2018. The Calaveras County Board of Supervisors’ new rulemaking began in February. The movement marks a reversal from a ban enacted over […] California county making progress on repeal of cannabis cultivation ban is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

  • California licensing snafu could cost cannabis growers thousands in lost revenue, possible shutdowns
    by Bart Schaneman on April 17, 2019 at 10:30 am

    California’s marijuana growers are at risk of losing thousands of dollars in revenue as scores of temporary business licenses expire each day before the state can replace them with annual permits. That leaves many cultivators trapped in a licensing logjam with a difficult choice: Continue operating with expired permits – or shut down. This is […] California licensing snafu could cost cannabis growers thousands in lost revenue, possible shutdowns is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs […]

 

DISCLAIMER: Cannabiz Digital does not sell cannabis. This publication covers business topics surrounding legal cannabis in California and the United States. It does not provide legal or medical advice. Consult your physician, lawyer, and local laws regarding cannabis. We do our best to provide current information at the time of publishing with no guarantees to accuracy. We understand this industry changes quickly and welcome your feedback. [Send Feedback]

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