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MJLink’s motion to dismiss $1.7M fraud suit largely rejected

A federal magistrate judge recommended that fraud and securities claims should proceed in a lawsuit against cannabis social network MjLink.com and its parent company over allegedly inflated user metrics. U.S. Magistrate Judge Scott T. Varholak found that investor Alan Lamothe sufficiently alleged that executives made “fraudulent statements concerning the business …

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Florida MSOs abandon medical marijuana ahead of potential adult-use legalization

Florida’s major cannabis multistate operators have seemingly abandoned the production of CBD and low-THC products which are often favored by patients seeking therapeutic benefits without the psychoactive effects. DocMJ has compiled a full report using the Florida Office of Medical Marijuana Use’s weekly data, which can be found here, to …