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New Jersey Committees Cancel Marijuana Sales Bill Votes Amid Disputes Over Provisions

New Jersey Committees Cancel Marijuana Sales Bill Votes Amid Disputes Over Provisions

by InfluencER | Nov 13, 2020 | Politics and Law

Efforts to approve enabling legislation to enact a regulated marijuana market in New Jersey have already hit a bump in the road with two committees pulling companion bills from scheduled hearings on Thursday. However, a separate proposal to decriminalize cannabis...
House Republicans Attack Democrats Over Planned Marijuana Legalization Vote

House Republicans Attack Democrats Over Planned Marijuana Legalization Vote

by InfluencER | Nov 13, 2020 | Politics and Law

Congressional Republicans are blasting Democrats for planning to hold a vote on a marijuana legalization bill on the House floor next month. A blog post from the House GOP Conference site—titled “Democrats Prioritize Legalizing Marijuana Instead Of Providing COVID...
Aurora Cannabis’ dip into capital market after stock rally ‘shrewd’

Aurora Cannabis’ dip into capital market after stock rally ‘shrewd’

by InfluencER | Nov 13, 2020 | Investors

Underwriters for Aurora Cannabis’ previously announced overnight public offering have agreed to purchase roughly 20 million units at $7.50 apiece, the Alberta company said this week, a move that would net the company $142.4 million. If the over-allotment option is...
Marijuana multistate operators set to capitalize on new markets, but small firms face hurdles

Marijuana multistate operators set to capitalize on new markets, but small firms face hurdles

by InfluencER | Nov 13, 2020 | Sales and Operations

Marijuana multistate operators are well-positioned to thrive in adult-use cannabis markets created by the Nov. 3 election, but small businesses – including minority- and women-owned firms – face challenges such as access to capital. Four publicly traded MSOs are...
Colombia: Lawmakers Reject Adult-Use Cannabis Bill

Colombia: Lawmakers Reject Adult-Use Cannabis Bill

by InfluencER | Nov 13, 2020 | Politics and Law

Colombian lawmakers have said no to legal cannabis. On November 3, the lower house of Congress rejected a bill to regulate the adult use of cannabis in the country. The legislation, which was filed by Reps. Juan Fernando Reyes Kuri and Juan Carlos Losada of the...
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