MJBizDaily · Page 138

Cannabis producer Tilray quietly drops $4 billion sales target for 2024
Feb 2, 2023, 11:30 am By Matt Lamers
Tilray Brands has quietly abandoned its pledge to achieve annual revenue of $4 billion (5.3 billion…

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Judge rejects New York challenge to suit delaying rec marijuana store openings
Feb 1, 2023, 6:56 pm By Chris Roberts
A federal judge rejected New York’s effort to toss a lawsuit that’s been delaying the opening of…

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Cannabis tech platform LeafLink raises $100 million amid management shuffle
Feb 1, 2023, 5:31 pm By Kate Robertson
New York-based cannabis wholesale technology platform LeafLink raised $100 million in a Series D…

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InterCure’s $35M purchase of Israeli marijuana producer Better scrapped
Feb 1, 2023, 5:08 pm By Matt Lamers
Israeli cannabis producer InterCure’s proposed acquisition of rival medical marijuana company Cann…

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Canadian cannabis company SNDL intimidated union-curious staff, tribunal rules
Feb 1, 2023, 11:30 am By Solomon Israel
Canadian cannabis grower SNDL interfered with an off-site union informational meeting for employees…

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Landlords in older markets warm up to marijuana tenants, but premium still applies
Feb 1, 2023, 7:20 am By Omar Sacirbey
Although cannabis entrepreneurs should expect to pay a premium for real estate, those premiums…

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Marijuana companies seeking real estate face limited choices and premium prices
Feb 1, 2023, 7:15 am By Omar Sacirbey
Marijuana companies seeking real estate face limited choices and premium prices is a post from:…

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For plant-touching marijuana companies, most lending options tied to property
Feb 1, 2023, 7:10 am By Kate Lavin
When it comes to borrowing money, most roads in cannabis lead to real estate. Lenders look for…

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Property ownership is key when looking for investors, marijuana cultivator says
Feb 1, 2023, 7:05 am By Kate Lavin
Cannabis producer Lowd is building out a new facility near Portland, Oregon. CEO Jesce Horton is…

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House Republican reintroduces bill to reschedule marijuana
Jan 31, 2023, 10:40 pm By Chris Roberts
A Republican U.S. representative from Florida reintroduced legislation that would reclassify…

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Wisconsin gov’s cannabis legalization plans might slow MMJ progress
Jan 31, 2023, 9:30 pm By Kate Robertson
A top Wisconsin legislator is pumping the brakes on the governor's plans to legalize both medical…

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Virginia lawmakers advance 2 marijuana bills in divided Legislature
Jan 31, 2023, 8:56 pm By Chris Casacchia
Legislators in Virginia advanced two marijuana bills that would establish adult-use sales in 2024…

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Cannabis retailer High Tide’s sales double, inks deal with Germany’s Sanity
Jan 31, 2023, 7:34 pm By Matt Lamers
Calgary, Alberta-based High Tide lost 52.5 million Canadian dollars ($38 million) in its quarter…

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Another court rules against Colorado marijuana business’ IRS challenge
Jan 31, 2023, 2:30 pm By Chris Roberts
A federal appeals court affirmed that the U.S. Constitution does not protect Colorado medical…

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Former California industry leader Flow Cannabis Co. ‘mothballed’ as it seeks to ‘survive’
Jan 31, 2023, 11:30 am By Chris Roberts
Flow Cannabis Co., the California operator that raised nearly $200 million in a bid to become “the…

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Massachusetts adult-use marijuana sales top $4 billion since launch
Jan 30, 2023, 7:53 pm By Chris Casacchia
Marijuana retailers in Massachusetts have eclipsed $4 billion in sales since the state launched…

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Argentina launches cannabis regulatory agency with eye on exports
Jan 30, 2023, 6:42 pm By Matt Lamers
Argentina launched a national regulatory agency for the hemp and medical marijuana industries,…

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Marijuana MSO Ascend spends $19M to acquire Maryland dispensaries, property
Jan 30, 2023, 5:13 pm By Chris Casacchia
New York-based marijuana multistate operator Ascend Wellness announced an agreement to acquire the…

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New year brings new laws, rules for cannabis businesses nationwide
Jan 30, 2023, 11:30 am By Chris Casacchia
With the start of a new year, cannabis companies across the country are tweaking their business…

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New York’s $200 million marijuana social equity fund still awaiting capital
Jan 27, 2023, 9:33 pm By Chris Roberts
A first-of-its kind $200 million social equity fund in New York that's been promised to qualified…

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