Cannabis operator Rubicon borrows CA$10 million

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December 3, 2024

British Columbia-based cannabis license holder Rubicon Organics borrowed 10 million Canadian dollars in secured credit facilities to pay debt. British Columbia-based cannabis license holder Rubicon Organics borrowed 10 million Canadian dollars in secured credit facilities to pay debt. Read More

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CBD Daily News Hits

Granddaddy Purple

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Kentucky’s Medical Marijuana Landscape Comes into Focus With Final Dispensary Lottery

December 21, 2024

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Dispensaries follow many steps to keep licenses
by Skyler Hammons TDP Special Writer on December 20, 2024
Medical marijuana dispensaries, including those in Cherokee County, must jump through several hoops through to ensure state laws are followed properly.
Weed 101: Northeast Ohio dispensaries offer guidance to first timers
by Douglas J. Guth on December 20, 2024
Cannabis dispensaries are eager to welcome new customers post-legalization, but education comes first, say Northeast Ohio marijuana entrepreneurs and educators.
Cannabis company closing Vt. operations following bankruptcy
by Ike Bendavid on December 19, 2024
Burlington’s first weed dispensary plans to close its doors -- and with it -- part of Vermont’s medical marijuana market.
A year in weed: Staten Island welcomes 6 new shops in 2024
by Jillian Delaney | jdelaney@siadvance.com on December 19, 2024
The amount of shops grew like a weed, too — pun intended.
The Best Tips If You Are Giving Marijuana As A Gift
by Anthony Washington on December 18, 2024
The Fresh Toast - Here are the best tipis you re giving marijuana as a gift - a surprising number plan to put it under the tree!
Somerville OKs plans for first recreational weed shop. Here's where
by Mike Deak on December 18, 2024
Root 22 Dispensary's plans to convert the Sunoco gas station at the intersection received preliminary approval from the borough Planning Board.
Petaluma picks 3 marijuana dispensaries to operate in town. Here they are
by JENNIFER SAWHNEY on December 18, 2024
Petaluma picks 3 marijuana dispensaries to operate in town. Here they are
Medical marijuana office opens in Louisville to help Kentuckians navigate medical cannabis
by Molly Jett on December 17, 2024
Kentucky became the 38th state to legalize medical marijuana last year, but there are steps patients need to take before getting it.
Kentucky awards 12 more medical marijuana dispensary licenses
by Margaret Jackson on December 17, 2024
Kentucky awarded 12 more medical marijuana dispensary licenses through a second lottery, bringing to 48 the number of licensed MMJ sellers.
Lottery selects final round of medical marijuana dispensaries
by Mason Brighton on December 17, 2024
The final 12 were for Louisville, Lexington, and the surrounding counties.
Kentucky Officials Award More Medical Marijuana Dispensary Licenses By Lottery
by Marijuana Moment on December 17, 2024
“Our hope is that, certainly, there will be additional conditions added later in the future, whereby other Kentuckians will have access to treat chronic or difficult conditions.” By Sarah Ladd, Kentucky Lantern Kentucky awarded 12 additional medical cannabis dispensary licenses through a final drawing held Monday at the Kentucky Lottery Corporation in Louisville. Sam Flynn,
Louisville, Lexington medical marijuana dispensary licenses awarded
by Alex Suckow on December 17, 2024
Monday afternoon, we'll find out which companies will be awarded medical marijuana dispensary licenses in Louisville.
Lottery drawing determines Kentucky businesses selected as medical cannabis dispensaries
by WDRB on December 16, 2024
The Kentucky Office of Medical Cannabis held its second medical marijuana dispensary lottery at Kentucky Lottery Headquarters near downtown Louisville.
In final drawing, Kentucky awards more medical marijuana licenses
by Sarah Ladd on December 16, 2024
Kentucky awarded 12 additional medical cannabis dispensary licenses through a final drawing held Monday at the Kentucky Lottery Corporation in Louisville. Sam Flynn, executive director of the Kentucky Office of Medical Cannabis, said there were 4,075 applications for dispensary licenses. In late November, the state awarded its first 36 medical cannabis dispensary licenses. Previous lottery
Medical marijuana dispensary license winners picked for Louisville, Lexington. See the list
by Olivia Evans on December 16, 2024
Gov. Andy Beshear joined the Office of Medical Cannabis to announce dispensary business license winners for Jefferson and Fayette counties.
KY awards marijuana dispensary licenses for Fayette, Jefferson counties. Who got one?
by Aaron Mudd on December 16, 2024
The state hosted its final business lottery ahead of the 2025 launch of medical cannabis in Kentucky.
Where medical cannabis dispensaries will be located in Louisville and Lexington areas
by Joseph Garcia on December 16, 2024
Out-of-state companies score again, land nearly all Kentucky marijuana dispensary licenses
by Joe Sonka on December 16, 2024
Only one business to win a medical marijuana license in Kentucky’s first dispensary lottery was made up of only Kentucky residents.
nuEra Cannabis Launches RisEau THC Seltzer — A Storied Name in THC Beverages is Back
by NuEra on December 16, 2024
nuEra Cannabis launches RisEau THC Seltzer, a flavorful, cannabis-infused beverage, available at dispensaries across Illinois...
Budr's bid for Bridgeport amphitheater cannabis dispensary denied: 'It's just a lost cause'
by Brian Lockhart on December 15, 2024
The cannabis retailer has tried a handful of times over the past year to convince zoning...

Report: Legal cannabis brands find their footing in New York
by Adam Jackson on December 20, 2024 at 5:05 am
A market surge has created an unusually concentrated market where local brands are thriving. The post Report: Legal cannabis brands find their footing in New York appeared first on Green Market Report.
Cannabis-related banking requires cannabis expertise
by Community Choice Credit Union on December 20, 2024 at 4:00 am
The Cannabis Related Business Team at Community Choice Credit Union is ready to light up your financial strategy. The post Cannabis-related banking requires cannabis expertise appeared first on Green Market Report.
The Daily Hit: December 19, 2024
by Staff on December 19, 2024 at 11:05 pm
News from: US Farm Bill, Fluent Cannabis, Massachusetts and more. The post The Daily Hit: December 19, 2024 appeared first on Green Market Report.
Cansortium completes merger with RIV Capital, plans to scale up in New York
by John Schroyer on December 19, 2024 at 10:00 pm
Scotts Miracle-Gro, which is a major investor in RIV, also benefits from the deal. The post Cansortium completes merger with RIV Capital, plans to scale up in New York appeared first on Green Market Report.
Massachusetts regulators order single-lab testing to combat cannabis lab shopping
by Adam Jackson on December 19, 2024 at 9:35 pm
The rule change follows growing evidence of inconsistent testing practices in the state's $7 billion cannabis industry. The post Massachusetts regulators order single-lab testing to combat cannabis lab shopping appeared first on Green Market Report.
FLUENT Completes Acquisition of RIV Capital, Adding New York Operations to Footprint
on December 19, 2024 at 6:56 pm
The all-stock transaction accelerates FLUENT’s entry into one of the fast-growing cannabis markets in the world.
Minnesota’s Top Cannabis Magnate Won’t Entertain Adult-Use Sales Launch Date
on December 19, 2024 at 5:47 pm
Office of Cannabis Management head Charlene Briner said the state’s regulators are ‘not going to anticipate’ a specific date for dispensary sales to commence.
Farm Bill extension leaves hemp industry rules intact for now
by Adam Jackson on December 19, 2024 at 4:59 pm
The farm bill extension would run through March 2025. The post Farm Bill extension leaves hemp industry rules intact for now appeared first on Green Market Report.
Organigram eyes global cannabis growth after Motif deal
by Adam Jackson on December 19, 2024 at 5:08 am
The company currently holds the top spot in Canada's cannabis market, but its leaders have their sights set on bigger prizes overseas. The post Organigram eyes global cannabis growth after Motif deal appeared first on Green Market Report.
The Daily Hit: December 18, 2024
by Staff on December 18, 2024 at 11:29 pm
News from: Weedmaps, Vireo Health, Michigan, Organigram and more. The post The Daily Hit: December 18, 2024 appeared first on Green Market Report.
Vireo nabs $75M through 120M new shares, goes on acquisition spree
by John Schroyer on December 18, 2024 at 11:19 pm
If all four acquisitions close, the deal will transform Vireo by more than doubling its marijuana industry footprint. The post Vireo nabs $75M through 120M new shares, goes on acquisition spree appeared first on Green Market Report.
cbdMD posts lower annual sales, mixed fourth quarter
by Adam Jackson on December 18, 2024 at 10:08 pm
The CBD company said unaudited October and November revenues have already rebounded above fourth quarter levels. The post cbdMD posts lower annual sales, mixed fourth quarter appeared first on Green Market Report.
Farm Bill Gets Another 1-Year Delay, Leaving Hemp, THCA Untouched—For Now
on December 18, 2024 at 6:18 pm
Congressional leaders in Washington agreed to invest $10 billion in economic disaster assistance for agriculture in their continuing resolution.
Planet 13 Opens 29th Florida Dispensary in Gulf Breeze
on December 18, 2024 at 1:26 pm
The new medical cannabis retail location in the Pensacola metropolitan area is the company’s 33rd store nationwide.
Scorecards Highlight Gaps in California Local Cannabis Policies Amid Rising Public Health Concerns
on December 18, 2024 at 12:03 pm
California cities and counties are being urged to step up for public health and social equity.
California Releases New List of Acceptable Pesticides for Use on Cannabis
on December 18, 2024 at 9:40 am
The state’s Department of Pesticide Regulation released the resource for cannabis cultivators to easily identify 100 legal pesticide products.
Tennessee Authorities Forced to Pay $735,000 for Illegal Hemp Seizure
on December 18, 2024 at 7:05 am
Police in Spring Hill seized the hemp products while under the notion that hemp and cannabis were ‘the same damn thing,’ according to the lawsuit.
Does Medical Cannabis Have Physical, Mental Health Risks? Rutgers Health Kicks Off Study
on December 17, 2024 at 6:31 pm
Rutgers Health researchers will emphasize cannabis use disorder, which involves tolerance and dependence, in the five-year, federally funded study.
Michigan Dispensaries Break $3 Billion Annual Sales Record, 103K Pounds Monthly Flower Record
on December 17, 2024 at 5:35 pm
The records come as the state’s average retail price per ounce dropped to another all-time low in November.
Judge Calls DEA Subpoena Request ‘Blunder,’ Rejects 3 of 4 for Cannabis Rescheduling Hearing
on December 17, 2024 at 1:58 pm
Administrative Law Judge John Mulrooney points out the DEA’s error yet provides the agency another shot at subpoenaing three FDA officials.
Agrify Corp. Closes on Acquisition of Señorita
on December 16, 2024 at 5:11 pm
This acquisition of hemp-derived assets from Double or Nothing LLC, the owner Señorita beverages, was done in exchange for 530,000 Agrify shares.
Cannabis Bioscience Fights to Include Longtime Patient as Witness in DEA Rescheduling Hearing
on December 16, 2024 at 4:46 pm
As a designated participant, the company filed a petition to allow testimony from Alexis Bortell, who was diagnosed with intractable epilepsy as a child.
Nations United Hosts Groundbreaking Canna Collide Event at MJBizCon, Bringing Together Tribal Nations and the Cannabis Community
on December 16, 2024 at 4:10 pm
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Illinois Governor Puts Clout Behind Bill to Regulate Hemp Products Like Cannabis
on December 16, 2024 at 4:05 pm
Gov. JB Pritzker announced his support for legislation to ban products, such as delta-8 THC, from being sold outside licensed cannabis dispensaries.
2 Men Dead After Using Bat Poop to Grow Cannabis
on December 16, 2024 at 10:25 am
Spores from the bat guano, which is commonly used as a cannabis fertilizer, contained a harmful fungus responsible for the deaths.

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ISP: SWAT team arrests Rockford man during search for cannabis, cocaine
by Ryan Johnston on December 21, 2024
ROCKFORD, Ill. (WTVO) — The Illinois State Police SWAT team arrested Demario Cole, 31, for allegedly delivering cannabis and cocaine. On Dec. 19, around 5 a.m., the SWAT team searched a house in th…
Watch out Booze, THC Cocktails are on the rise! Try these 30 Cannabis-Infused Cocktails!
by Cannabis Pharmacy on December 21, 2024
/PRNewswire-PRWeb/...
Fairfax cannabis store pushes off relocation review
by Giuseppe Ricapito on December 21, 2024
The Marin Alliance for Medical Marijuana, facing an eviction from 6 School St., is trying to arrange a move to 1591-1593 Sir Francis Drake Blvd.
Redondo city council further prepares for retail cannabis
by Garth Meyer on December 21, 2024
by Garth Meyer The Redondo Beach city council moved forward Tuesday night in its effort to open two cannabis stores in town, on a 4-1 vote. Councilman Scott Behrendt’s “no” came with the request that…
Two men die after using bat poop to grow cannabis
by WKRC on December 21, 2024
Two men died after using bat poop as a fertilizer for growing cannabis, according to Live Science and a journal article published in Oxford Academic.
Middlebury cannabis business sues Vermont regulator over free speech
by KLARA BAUTERS on December 21, 2024
A Middlebury-based cannabis retailer filed a civil suit against the Vermont Cannabis Control Board this week, arguing that the state’s restrictions on advertising infringe on constitutionally-protected free speech rights.In the suit recently filed in...
New California laws for 2025: Cannabis cafes and entertainment zones
by CalMatters on December 21, 2024
Starting Jan. 1, alcohol and cannabis sales could expand in some parts of California thanks to two new laws that aim to increase central city foot traffic.
California struggles to keep pesticides out of weed
by https://www.latimes.com/people/hunter-clauss on December 21, 2024
State regulators fail to monitor for several toxic chemicals in cannabis products.

Cannabis operator Rubicon borrows CA$10 million

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