MJBizDaily · Page 222

Springbig to go public on Nasdaq via marijuana SPAC transaction
Nov 9, 2021, 3:30 pm By Solomon Israel
Marijuana industry marketing and loyalty company Springbig plans to go public by way of a merger…

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Marijuana software firm Fyllo nets $40 million in capital
Nov 9, 2021, 2:25 pm By Jeff Smith
Fyllo, a marijuana compliance software company, raised another $40 million in capital to fund…

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Hexo shutting cannabis facilities it recently acquired, affecting 155 workers
Nov 9, 2021, 2:10 pm By Matt Lamers
Quebec-based Hexo is shutting down three facilities and laying off staff as part of an integration…

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South Dakota adult-use cannabis campaign hits signature-gathering snag
Nov 9, 2021, 1:15 pm By John Schroyer
A campaign to legalize adult-use cannabis in South Dakota missed an early deadline to submit…

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Canada’s Aurora buying stake in Dutch cannabis grower
Nov 9, 2021, 12:57 pm By Matt Lamers
Edmonton, Alberta-based Aurora Cannabis is investing “a significant equity stake” in upstart…

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Pure Sunfarms sees steady growth in Canadian cannabis sales, profit
Nov 9, 2021, 11:50 am By Matt Lamers
Licensed cannabis producer Pure Sunfarms reported a growing profit for its July-September quarter on…

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Louisiana medical marijuana market poised for strong sales after lackluster performance
Nov 9, 2021, 6:30 am By John Schroyer
After years of struggle within one of the most restrictive frameworks in the nation, Louisiana’s…

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Report: California’s marijuana social equity programs not meeting goals
Nov 8, 2021, 6:15 pm By John Schroyer
A report issued by the California Cannabis Industry Association took a hard look at seven…

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Curaleaf to buy Arizona-based cannabis operator Tryke for $286 million
Nov 8, 2021, 3:00 pm By Jeff Smith
Cannabis multistate operator Curaleaf Holdings signed a definitive agreement to acquire an…

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Nevada suspends marijuana edibles maker’s license over rules violations
Nov 8, 2021, 2:00 pm By John Schroyer
Nevada marijuana edibles manufacturer Kindibles has temporarily lost its business license after…

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Trade agency to look into marijuana vape firms after CCell patent complaint
Nov 8, 2021, 12:59 pm By Bart Schaneman
The International Trade Commission has begun an investigation based on a trademark- and…

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Why big players are bullish on the tiny cannabis beverage sector
Nov 8, 2021, 12:00 pm By Kristen Nichols
A niche sector in the cannabis industry, beverages, is getting enormous attention from some of the…

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SAFE Banking status: Q&A with marijuana industry ally US Rep. Ed Perlmutter
Nov 8, 2021, 6:30 am By John Schroyer
U.S. Rep. Ed Perlmutter's political crystal ball proves correct. The Colorado Democrat is confident…

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Power REIT ups funding of Michigan cannabis greenhouse to $25.6 million
Nov 5, 2021, 4:00 pm By Matt Lamers
Power REIT finalized a lease amendment to fund additional upgrades to a cannabis greenhouse…

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Medical marijuana could ease anxiety, depressive symptoms, study shows
Nov 5, 2021, 3:58 pm By Bart Schaneman
Medical marijuana could help to reduce anxiety and depressive symptoms, according to a new study…

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Missouri reconsidering medical cannabis advertising restrictions
Nov 5, 2021, 3:15 pm By Kevin Huhn
In response to opposition from industry stakeholders, Missouri’s medical cannabis regulators are…

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Canopy closing Niagara-on-the-Lake cannabis greenhouse, laying off 30 people
Nov 5, 2021, 1:27 pm By Matt Lamers
Beleaguered Canadian cannabis producer Canopy Growth is closing another massive greenhouse and…

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Arkansas marijuana advocates add another push for adult-use legalization
Nov 5, 2021, 12:47 pm By Bart Schaneman
A proposed amendment in Arkansas that would legalize recreational marijuana and create a new market…

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Virginia election results throw future of state’s recreational marijuana market into question
Nov 5, 2021, 12:15 pm By John Schroyer
This week's electoral triumph by the Republican party in Virginia has thrown into question the…

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Canopy reports ballooning loss, no longer expects to be profitable this year
Nov 5, 2021, 11:27 am By Matt Lamers
Canopy Growth says it no longer expects to be profitable this year, citing supply and market share…

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