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Here’s What Vermont’s Legalization Law Allows—and Doesn’t

Vermont's new adult-use law allows limited home grows and the possession of up to one ounce of flower. You can't legally buy or sell it, but lawmakers will consider that in 2019. (CasarsaGuru/iStock) With today’s signing by Gov. Phil Scott, Vermont becomes America’s ninth state to...

Nevada shuts down fourth marijuana testing lab

Citing a “zero-tolerance policy,” Nevada regulators have suspended the licenses of four of the state’s nine testing labs since July. The state’s Department of Taxation, which took over regulating the industry last summer, shut down the four labs for “not following proper procedures,” the Las Vegas...

Alaska scrutinizing two cannabis testing labs

Two marijuana testing facilities in Alaska are being audited by a state agency amid concerns about discrepancies in potency-testing results between the sites. The state Department of Environmental Conservation’s Environmental Health Laboratory is conducting the audits of Canntest and Steep Hill Alaska. Erika McConnell, director of the...

Maricann plans to acquire Swiss hemp grower for 8 million Swiss francs

Ontario-based Maricann plans to acquire a hemp farm in Switzerland for 8 million Swiss francs ($8.5 million), making the Canadian medical marijuana producer the latest to seek a toehold in the lucrative European hemp market Maricann announced plans Wednesday to acquire hemp producer Haxxon AG, which...

Privateer sets milestone for US marijuana industry with $100 million raise

Seattle-based Privateer Holdings, which has long been setting benchmarks for capital raises in the marijuana sector, has established a new standard – and demonstrated that at least some deep-pocketed investors have not been spooked by U.S. Attorney General Jeff Sessions. The marijuana-focused private equity company announced...

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