Arkansas Lawmakers Approve Bill To Protect Medical Marijuana Patients’ Rights To Carry Concealed Guns

Arkansas lawmakers have approved a bill in committee that would clarify that medical marijuana patients can obtain concealed carry licenses for firearms. The House Judiciary Committee passed the legislation from Rep. Aaron Pilkington (R) in a voice vote on Thursday, sending it to the floor. The measure states that a person’s status as a qualified […]

POSaBit acquires Hypur’s marijuana e-commerce assets for up to $7.5 million

POSaBit Systems Corp. acquired marijuana e-commerce and compliance software assets from Hypur for as much as $7.5 million if certain benchmarks are hit. According to a Monday news release, the cash-and-equity deal represents a “purchase price multiple” of 1.4 times Hypur’s 2022 revenue. ADVERTISEMENT The deal also is the second notable purchase this year by […]

House Lawmakers Reintroduce Bipartisan Veterans Equal Access Act

Two House lawmakers on Thursday refiled bipartisan legislation to provide military veterans access to medical marijuana. The bill, the Veterans Equal Access Act, was reintroduced in the House by Representative Earl Blumenauer, a Democrat from Oregon, and Florida Republican Representative Brian Mast, who lost both legs while serving in the Army in Afghanistan. “I woke […]

Toys R Us Sues Unlicensed New York Cannabis Dispensary for Infringement

Cannabis companies, for some reason, seem to love clever names predicated on well-known brands. (See e.g. Zkittlez and Skittles or Bloom and Cool). More often than not, these companies end up in trouble. (See Major Food and Beverage Companies Call Out Marijuana Copycats). Although these companies may try a parody defense, it’s not so easy. […]

Germany imports record amount of marijuana, but growth slows

(This story is part of an occasional series on the international medical cannabis industry. The previous installment, on Denmark, is available here.) Germany imported a record amount of marijuana for medical and scientific use in 2022, according to fresh data from the country’s Federal Institute for Drugs and Medical Devices (BfArM). While the top-line number […]