MJBizDaily · Page 268

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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Pennsylvania renews medical marijuana grower’s permit after nearly two years
May 7, 2021, 3:20 pm By Omar Sacirbey
A Pennsylvania marijuana cultivator could soon be growing again, almost two years after regulators…

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Cronos reports $161 million net loss on revenue of $12.6 million
May 7, 2021, 1:36 pm By Matt Lamers
Canadian cannabis producer Cronos reported a net loss of $161 million (195 million Canadian dollars)…

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Alabama lawmakers send medical cannabis measure to governor
May 7, 2021, 12:42 pm By Jeff Smith
A medical cannabis legalization measure is headed to Alabama Gov. Kay Ivey after lawmakers gave…

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AFC Gamma lends $22M to Justice Cannabis for New Jersey operations
May 7, 2021, 12:15 pm By Solomon Israel
Marijuana industry real estate financier AFC Gamma announced a $22 million senior secured credit…

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Aurora Cannabis CEO discusses greenhouse ‘arms race’ and firm’s future
May 7, 2021, 9:00 am By Matt Lamers
Aurora Cannabis CEO Miguel Martin might have one of the hardest jobs in the marijuana industry –…

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Uber’s interest in marijuana delivery highlights sector’s potential and pitfalls
May 7, 2021, 6:30 am By Roger Fillion
You’d think that marijuana delivery executives would quake in their shoes after the head of a…

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Decisions by judge, regulator boost New Mexico’s marijuana market
May 6, 2021, 3:28 pm By Omar Sacirbey
The biggest medical marijuana business in New Mexico, Ultra Health, is celebrating another legal…

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