MJBizDaily · Page 139

Quebec court dismisses shareholder suit against cannabis producer Hexo
Jan 27, 2023, 8:05 pm By Matt Lamers
Hexo Corp. said it won the dismissal of a securities class action lawsuit that had been pending…

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Tech firm Akerna sells software business, exits marijuana industry to join crypto venture
Jan 27, 2023, 7:29 pm By Bart Schaneman
Akerna Corp., the parent company of pioneering cannabis technology company MJ Freeway, said Friday…

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Ayr Wellness backs off from $55 million cannabis retail acquisition in Chicago
Jan 27, 2023, 6:37 pm By Solomon Israel
Multistate operator Ayr Wellness said it has canceled its acquisition of Chicago cannabis retail…

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FDA’s inaction on CBD regulations means more marijuana questions for Congress
Jan 27, 2023, 11:30 am By Kevin Huhn
The U.S. Food and Drug Administration’s announcement Thursday that it won’t regulate products…

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Georgia OKs low-THC medical cannabis rules; sales could begin this year
Jan 26, 2023, 9:52 pm By Chris Roberts
Legal medical cannabis sales in Georgia could begin before the end of the year after state…

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Medical marijuana sales kick off in Mississippi
Jan 26, 2023, 8:33 pm By Chris Casacchia
Mississippi’s medical marijuana program launched Wednesday with at least three dispensaries…

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Cannabis and veggie grower Village Farms raising $25 million
Jan 26, 2023, 7:38 pm By Matt Lamers
Cannabis and vegetable grower Village Farms International is raising $25 million (33 million…

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Marijuana MSO Curaleaf bails on California, Oregon and Colorado, cuts workforce by 10%
Jan 26, 2023, 5:53 pm By Bart Schaneman
Marijuana multistate operator Curaleaf Holdings said Thursday that it will shutter the majority of…

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‘Several’ companies targeted in cannabis edibles crackdown, Health Canada says
Jan 26, 2023, 5:00 pm By Matt Lamers
Canada's top health regulator said it is cracking down on "several" cannabis companies it alleges…

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Marijuana company Organigram gets Nasdaq share-price warning
Jan 26, 2023, 4:30 pm By Solomon Israel
The Nasdaq stock exchange has warned Canadian marijuana cultivator and manufacturer Organigram…

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Cannabis growers exit California market, helping stabilize prices
Jan 26, 2023, 11:30 am By Bart Schaneman
California marijuana cultivation capacity is down significantly from early 2022, with some growers…

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New York approves 30 more recreational marijuana licenses
Jan 25, 2023, 8:20 pm By Chris Roberts
New York state regulators on Wednesday awarded another 30 licenses to operate recreational marijuana…

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Cannabis producer Green Organic Dutchman changing its name
Jan 25, 2023, 7:45 pm By Matt Lamers
Canadian cannabis producer The Green Organic Dutchman is changing its name to BZAM, pending…

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Kansas governor presses lawmakers to legalize medical marijuana this year
Jan 25, 2023, 7:00 pm By Chris Casacchia
Kansas Gov. Laura Kelly said legalizing medical marijuana is one of her top priorities in 2023,…

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Nevada suspends cannabis cultivator’s license, cites diversion concerns
Jan 25, 2023, 6:20 pm By Bart Schaneman
Nevada regulators voted unanimously to suspend the license of Las Vegas cannabis cultivator Helping…

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Marijuana MSO MariMed borrows up to $35 million for expansion, more
Jan 25, 2023, 5:59 pm By Solomon Israel
Marijuana multistate operator MariMed closed a $35 million secured credit facility to complete…

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Canada’s crackdown on some cannabis extracts could cost industry millions
Jan 25, 2023, 5:25 pm By Matt Lamers
Health Canada has begun asking some federally licensed marijuana companies to stop selling certain…

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Opinion: Finance reform for the marijuana industry – don’t bank on it
Jan 25, 2023, 11:30 am By Bart Schaneman
Failing banking reform, marijuana companies can borrow from a nonbank specialty finance company that…

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Mississippi medical cannabis sales could begin this week
Jan 24, 2023, 7:15 pm By Chris Casacchia
Medical cannabis sales in Mississippi could commence this week. Mississippi medical cannabis sales…

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More marijuana store workers in Illinois join Teamsters
Jan 24, 2023, 3:00 pm By Omar Sacirbey
For the second time in two weeks, workers at a Sunnyside marijuana store in Illinois voted to join…

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