MJBizDaily · Page 265

More states roll out bans on production, sale of delta-8 products
May 4, 2021, 12:02 pm By Laura Drotleff
Delta-8 THC has become a runaway market hit - and more states across the country are responding by…

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Recreational cannabis states see population growth, loss of US House seat
May 4, 2021, 6:30 am By Andrew Long
The population in the 17 states where recreational cannabis is legal, as well as Washington DC,…

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Tilray, Aphria complete blockbuster marijuana merger
4:54pm By Matt Lamers
Once-rival cannabis producers Tilray and Aphria completed their mega-merger, the new company…

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US Supreme Court declines to hear $1.9 million 280E cannabis tax case
4:32pm By John Schroyer
The U.S. Supreme Court on Monday refused to hear an appeal from two California-based cannabis…

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Marijuana reform outlook: Hopes dim in Rhode Island, but Texas advances
3:46pm By Jeff Smith
An effort by Rhode Island lawmakers to pass legislation to legalize adult-use marijuana now looks…

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Marijuana MSO Green Thumb expands south of Mason-Dixon Line
3:00pm By Jeff Smith
Illinois-based multistate operator Green Thumb Industries is expanding into Virginia with a…

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Organigram CEO Engel exits struggling marijuana producer
2:02pm By Matt Lamers
Greg Engel, longtime CEO 0f Moncton, New Brunswick-based marijuana producer Organigram Holdings, is…

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Canadian cannabis retailer High Tide bolsters US lineup with FABCBD acquisition
10:43am By Matt Lamers
Calgary, Alberta-headquartered High Tide Inc. is again dipping its toes in the U.S. acquisition…

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No hallucination: Psychedelics could be next cannabis-like boom
6:30am By Jeff Smith
Investors as well as cannabis companies and executives are rushing into psychedelics, a…

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Multistate marijuana operator Cansortium nets $71 million of capital
Apr 30, 2021, 4:00 pm By Jeff Smith
Miami-based marijuana company Cansortium, which operates the Fluent brand, raised $71 million of…

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Oklahoma judge suspends state’s cannabis seed-to-sale requirement
Apr 30, 2021, 2:56 pm By Omar Sacirbey
An Oklahoma judge ordered the 60-day suspension of a rule requiring medical cannabis businesses in…

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New Mexico revokes license of one of state’s 34 medical marijuana firms
Apr 30, 2021, 1:30 pm By John Schroyer
State regulators in New Mexico yanked the business permit of Santa Fe-based New MexiCann Natural…

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Cannabis MSO Green Thumb raises $217 million in debt at 7% interest rate
Apr 30, 2021, 12:23 pm By Solomon Israel
Multistate cannabis operator Green Thumb Industries raised $217 million worth of funding by issuing…

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Ontario Cannabis Store’s new ‘craft’ designation could benefit smaller producers
Apr 30, 2021, 10:15 am By Solomon Israel
A new “Craft Cannabis” designation launched by the government-owned Ontario Cannabis Store…

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Pros and cons of using a white-label service for marijuana products
Apr 30, 2021, 6:30 am By Bart Schaneman
In every marijuana product’s journey to market, business owners will need to decide whether to…

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Cannabis sales decline in every large Canadian city in February
Apr 29, 2021, 4:19 pm By Matt Lamers
Retail sales of recreational cannabis declined in February from the previous month in every major…

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Marijuana ancillary firm Hydrofarm prices $269M offering, buys company
Apr 29, 2021, 3:45 pm By Omar Sacirbey
Hydrofarm Holdings Group, a distributor and manufacturer of hydroponics equipment and supplies,…

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SD high court hears arguments on adult-use cannabis measure
Apr 29, 2021, 2:45 pm By Jeff Smith
The South Dakota Supreme Court is moving closer to deciding whether to uphold a voter-approved…

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Marijuana MSO Ascend Wellness aims to raise $80 million via IPO
Apr 29, 2021, 1:45 pm By John Schroyer
Multistate operator Ascend Wellness Holdings plans to raise $80 million through an initial public…

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Columbia Care acquires New York cannabis cultivation site for $42.5M
Apr 29, 2021, 12:43 pm By Solomon Israel
Multistate cannabis operator Columbia Care is spending $42.5 million in cash and stock to acquire a…

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