MJBizDaily · Page 251

Cannabis platform Leafly goes public with $385M valuation via SPAC merger
Mon 1:25pm By Bart Schaneman
Leafly, an online marijuana guide and cannabis news website based in Seattle, announced it will go…

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Pure Sunfarms posts quarterly profit on surging marijuana revenue
Mon 12:27pm By Matt Lamers
Licensed cannabis producer Pure Sunfarms reported a significant jump in adult-use marijuana revenue…

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CEOs of acquired marijuana companies cash in by the millions
Mon 6:30am By Jeff Smith
The days of $100 million-plus golden parachutes in the United States might be over. But the…

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How promotions, discounts and markdowns add flexibility to cannabis retail pricing strategy
Aug 8, 2021, 11:00 am By Solomon Israel
(This story appears in the August issue of MJBizMagazine.) Retail cannabis pricing isn’t a…

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Former owners of Curaleaf subsidiary to pay $500K to settle cannabis lawsuit
Aug 6, 2021, 5:10 pm By John Schroyer
Oregon-based Cura Cannabis, one of the many subsidiaries owned by Massachusetts-based cannabis…

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Connecticut prioritizes residents of 35 cities, towns for marijuana licenses
Aug 6, 2021, 2:35 pm By Bart Schaneman
As part of an effort to make the cannabis industry more equitable, people living in 35 Connecticut…

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Native American tribe in North Carolina legalizes medical cannabis
Aug 6, 2021, 1:47 pm By John Schroyer
The Eastern Band of Cherokee Indians legalized its own medical marijuana market this week, likely…

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Marijuana firm Canopy Growth posts CA$136M in net revenue for fiscal Q1
Aug 6, 2021, 12:27 pm By Solomon Israel
Canadian marijuana producer Canopy Growth Corp. reported net revenue of 136.2 million Canadian…

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Falling prices in California marijuana wholesale market alarms some growers; others unfazed
Aug 6, 2021, 6:30 am By John Schroyer
Years of rising marijuana production across California appear to be taking a toll on the state’s…

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Push begins to put medical cannabis on Wyoming ballot in 2022
Aug 5, 2021, 4:33 pm By John Schroyer
Members of the national and local Libertarian Party are teaming up with Wyoming activists to get a…

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Lawsuits pile up over Illinois social equity marijuana licensing
Aug 5, 2021, 3:27 pm By Jeff Smith
No surprise here: The do-over of social equity marijuana business licensing in Illinois is sparking…

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Verano’s latest acquisition + the upside of cannabis SPACs
Aug 5, 2021, 2:58 pm By Kevin Huhn
Verano Holdings Corp. (CSE: VRNO; OTCQX: VRNOF) announced the acquisition of WSCC, which operates…

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Hawthorne reaches deal to acquire cannabis firm HydroLogic
Aug 5, 2021, 2:07 pm By John Schroyer
Hawthorne Gardening Co., which is increasingly making inroads in the cannabis cultivation-supply…

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Marijuana SPAC Greenrose secures up to $103 million from Canadian firm
Aug 5, 2021, 12:20 pm By Solomon Israel
Marijuana industry special purpose acquisition company (SPAC) Greenrose Acquisition Corp. said it…

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Using predatory bugs in cannabis grows can keep hemp russet mites at bay
Aug 5, 2021, 6:30 am By Bart Schaneman
A relatively unknown predatory mite can stave off potentially disastrous infestations of hemp russet…

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Cannabis REIT acquires Illinois property for $50.25 million; 4Front to operate
Aug 4, 2021, 3:45 pm By Bart Schaneman
Innovative Industrial Properties (IIP) closed on the acquisition of a property in Illinois and…

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Oklahoma medical marijuana regulators sued over new business rules
Aug 4, 2021, 2:45 pm By Jeff Smith
Two Oklahoma attorneys sued the state’s medical marijuana regulators, claiming the MMJ board…

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Hydrofarm continues acquisition spree, buying Canadian firm for $83 million
Aug 4, 2021, 1:45 pm By John Schroyer
Hydrofarm Holdings Group is on an acquisition tear in the cannabis cultivation infrastructure space.…

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Goldenberg appointed CEO of Canadian marijuana firm Organigram
Aug 4, 2021, 12:42 pm By Solomon Israel
Canadian marijuana producer Organigram Holdings hired Beena Goldenberg as its new chief executive…

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Ground-breaking technology by Micellae, a University of Toronto spinout, set to revolutionize cannabinoid delivery
Aug 4, 2021, 9:00 am By Pamela Moore
TORONTO, Aug 4, 2021— Micellae Delivery Systems Inc. (“Micellae”) today announced the launch…

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