Daze Egge Disposable Vape $5.45 (USA)

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Paychex ceasing direct deposits, other services to cannabis firms

U.S. marijuana companies are scrambling to find a new payroll provider after receiving a memo from Paychex Inc. advising that the company will no longer process direct deposits or offer other services for cannabis-related businesses. A March 29 memo obtained by MJBizDaily warns that effective May 1, New York-based Paychex will no longer process direct deposit […]

Massachusetts closes marijuana dispensary after owner posts threatening video

The Massachusetts state Cannabis Control Commission (CCC) suspended the retail licenses of a growing dispensary chain on March 24, the day after the owner allegedly recorded a series of threatening social media posts. The CCC ordered Elev8 Cannabis’s location in Athol, Massachusetts, closed as of midnight March 25. ADVERTISEMENT The CCC also revoked provisional licenses […]

US cannabis firms could gain from Canadian Securities Exchange plan

The Canadian Securities Exchange’s (CSE) new senior tier could offer U.S. cannabis companies lower capital costs and a broader investor base. Thirty-nine of the 108 companies that will graduate to the new tier starting in May are cannabis businesses, according to the Globe and Mail. ADVERTISEMENT “The ultimate object of the exercise here is to […]

Cannabis vape hardware firm Greentank raises $16.5 million

Vape hardware manufacturer Greentank Technologies has closed a Series B financing round worth $16.5 million with an unspecified “strategic investor group” that includes Canadian cannabis producer Organigram Holdings. The funding will be used to launch new vape technology, which Greentank CEO Dustin Koffler said “moves away from the traditional ceramic and wicked coil systems commonly […]

Maryland Senate Passes Marijuana Sales Bill, With Lawmakers Now Set To Reconcile Differences From House Version

The Maryland Senate passed a bill to regulate marijuana sales on Friday as the state prepares for the launch of legalization on July 1. Bicameral lawmakers will now work to resolve the measure’s differences with a separate version of the legislation that was approved by the House of Delegates earlier this month. The Senate bill […]

Beshear signs bipartisan bills, with campaign looming

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Washington’s Social Equity in Cannabis License Application Window Extended

The Washington State Liquor and Cannabis Board (WSLCB) voted on Wednesday, March 29, approving an emergency rule proposal to extend the application window for social equity in cannabis (SEIC) retail licenses. The application window has been extended from March 30, 2023, to 5:00 p.m. April 27, 2023. The rule will have the effect of amending […]