MJBizDaily · Page 263

Financial-violation allegations cost Maui cannabis dispensary its license
May 12, 2021, 6:33 pm By John Schroyer
Hawaii regulators ordered a medical cannabis dispensary on the island of Maui to close immediately…

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Colorado’s first-quarter retail marijuana sales up 28% from 2020
May 12, 2021, 5:05 pm By Omar Sacirbey
Recreational and medical marijuana retailers in Colorado continue to break sales records. According…

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Massachusetts cannabis firms forced to pay $2.6 million in unlawful fees, study shows
May 12, 2021, 1:52 pm By Jeff Smith
Cannabis companies in Massachusetts have paid at least $2.46 million in fees more than lawfully…

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How to ensure adequate water supply for outdoor cannabis in a drought
May 12, 2021, 6:30 am By Kristen Nichols
Water is a must for successfully producing hemp and marijuana, so making sure to have enough for the…

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Blockbuster Trulieve-Harvest deal could revive cannabis megamergers
May 11, 2021, 4:05 pm By Jeff Smith
After several months of smaller, more focused transactions, Florida-based Trulieve’s $2.1 billion…

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Marijuana producer Pure Sunfarms reports small quarterly sales growth
May 11, 2021, 3:44 pm By Matt Lamers
Canadian cannabis producer Pure Sunfarms reported a small increase in net sales in the January-March…

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Verano nets $100 million in upsized loan to support cannabis moves
May 11, 2021, 3:20 pm By Jeff Smith
Illinois-based Verano Holdings entered into an amended $130 million loan agreement that provides the…

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Marijuana MSO Holistic Industries raises $55 million for expansion
May 11, 2021, 2:30 pm By Omar Sacirbey
Holistic Industries, a vertically integrated multistate marijuana company operating in six U.S.…

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Cannabis firm Tilray reports $341 million net loss in last stand-alone quarter
May 11, 2021, 1:39 pm By Matt Lamers
Tilray’s recreational and medical cannabis revenue plunged in the final quarter before its merger…

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Canada’s role in making hemp viable in car-building: Q&A with Aptera’s Nathan Armstrong
May 11, 2021, 9:00 am By Roger Fillion
It’s common lore in the hemp industry: Henry Ford made a car out of hemp, but then anti-cannabis…

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Marijuana industry expected to add $92 billion to US economy in 2021
May 11, 2021, 6:30 am By Andrew Long
From jobs to tax revenue to commercial real estate, the marijuana industry has a large – and…

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Two California officials sentenced to two years in marijuana corruption case
May 10, 2021, 4:56 pm By Jeff Smith
Two former California city officials were each sentenced to two years in prison for accepting…

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Marijuana legalization outlook: Alabama yes, but Kansas unlikely
May 10, 2021, 3:30 pm By Jeff Smith
Alabama is poised to become the 39th state in the nation to legalize a medical cannabis market after…

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Cannabis firm Cronos’ CEO gets CA$12 million-plus in partial-year pay
May 10, 2021, 12:47 pm By Matt Lamers
Canadian cannabis producer Cronos Group paid CEO Kurt Schmidt more than $10 million (12.2 million…

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Marijuana MSO Trulieve buying Harvest Health in $2.1 billion mega-deal
May 10, 2021, 9:37 am By Solomon Israel
Florida-based Trulieve Cannabis has announced an agreement to acquire Arizona-based Harvest Health &…

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California marijuana firm settles false-claims lawsuit for $300,000
May 10, 2021, 9:00 am By John Schroyer
California-based marijuana company CannaCraft agreed to pay $300,000 to settle a lawsuit brought by…

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Green Organic Dutchman plans cannabis greenhouse sale by summer
May 10, 2021, 9:00 am By Matt Lamers
Canadian producer Green Organic Dutchman expects to sell its massive greenhouse in…

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Cannabis M&A surges in hot Pennsylvania market with $400 million in deals
May 10, 2021, 6:30 am By Jeff Smith
Merger and acquisition activity is sizzling in Pennsylvania, with more than $400 million worth of…

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Marijuana retailers use analytics, consumer feedback to fill shelves, dump low-selling inventory
May 9, 2021, 11:00 am By Solomon Israel
(This story appears in the May-June issue of Marijuana Business Magazine.) The cannabis products…

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Cannabis firm MassRoots entering metal-recycling business via $14M deal
May 7, 2021, 5:25 pm By John Schroyer
Marijuana-centric social media platform MassRoots said it’s broadening its business model through…

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