MJBizDaily · Page 281

VA lawmakers scramble to agree on adult-use marijuana bill before deadline
Feb 26, 2021, 5:05 pm By Jeff Smith
Legislative negotiations in Virginia to resolve differences over two adult-use marijuana bills are…

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Michigan loosens eligibility demands for recreational cannabis licenses
Feb 26, 2021, 3:45 pm By Solomon Israel
Michigan’s recreational cannabis market will open up to new competition beginning March 1, when…

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California marijuana testing lab sues state over revoked license
Feb 26, 2021, 2:48 pm By John Schroyer
A San Francisco Bay Area marijuana testing lab whose business license was revoked earlier this month…

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Ascend acquires most of MedMen’s NY cannabis operation for $63 million
Feb 26, 2021, 1:32 pm By Jeff Smith
Massachusetts-based Ascend Wellness Holdings is acquiring an 86.7% interest in financially strapped…

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Moldy cannabis gummies, mislabeled pre-rolls recalled in Canada
Feb 26, 2021, 12:28 pm By Solomon Israel
Regulated Canadian cannabis products recalled in February include potentially moldy THC-infused…

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Cannabis producer Cronos loses $111.7 million in fourth quarter
Feb 26, 2021, 10:23 am By Matt Lamers
Canadian cannabis producer Cronos Group reported a quarterly loss of $111.7 million and adjusted…

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Lawsuit casts spotlight on New York’s initial medical cannabis licensing, questions scoring
Feb 26, 2021, 6:30 am By Jeff Smith
A new lawsuit sheds light on New York’s licensing of 10 medical cannabis operators in 2015 and…

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New Jersey fills remaining slots on marijuana oversight commission
Feb 25, 2021, 5:10 pm By Jeff Smith
New Jersey Gov. Phil Murphy moved quickly to complete the five-member Cannabis Regulatory…

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Indus acquires fellow California cannabis firm Lowell Herb Co. for $39 million
Feb 25, 2021, 4:10 pm By John Schroyer
Indus Holdings said it has acquired another well-known California marijuana brand, Lowell Herb Co.,…

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Acreage selling Florida marijuana arm to Red White & Bloom for $60 million
Feb 25, 2021, 3:19 pm By Jeff Smith
Multistate marijuana operator Acreage Holdings said it has a definitive agreement to sell its…

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Massachusetts extends medical cannabis telehealth sign-ups
Feb 25, 2021, 2:59 pm By Solomon Israel
Massachusetts health-care providers may continue registering new medical cannabis patients via…

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Minority owned cannabis company, TheraTrue Inc., announces new CEO Victor Mancebo, $50 million in funding, and applies in Georgia and Virginia
Feb 25, 2021, 2:02 pm By Pamela Moore
FOR IMMEDIATE RELEASE February 25th, 2021 Company co-founded by Dr. Paul Judge, Tech Investor and…

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Marijuana trimming machine maker sues Border Patrol for impeding parts
Feb 25, 2021, 1:32 pm By Kevin Huhn
A company that produces agricultural equipment for marijuana and hemp businesses filed a lawsuit in…

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Sales of Canadian cannabis edibles, extracts fall for first time
Feb 25, 2021, 1:20 pm By Matt Lamers
Canadians purchased fewer cannabis edibles and extracts last November compared to the previous…

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California marijuana firms face more state tax audits, millions of dollars in unpaid taxes
Feb 25, 2021, 11:00 am By John Schroyer
Three years after the launch of California’s legal marijuana market, cannabis tax experts warn the…

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Aphria-Tilray cannabis merger talks overcame pandemic pause, rival bidder and other hurdles, proxy reveals
Feb 25, 2021, 6:30 am By Matt Lamers
On-again, off-again merger talks between rival cannabis producers Tilray and Aphria had their…

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Vicaa launches website offering range of high quality growing media for medical cannabis
Feb 24, 2021, 4:36 pm By Pamela Moore
To: Dept: Media Copy to: From: Vicaa Dept: Marketing Date: February 16, 2021 New:…

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Canadian pension fund unloads some cannabis shares, adds Aphria
Feb 24, 2021, 2:40 pm By Matt Lamers
A large Canadian pension manager unloaded some cannabis investments over the past couple years while…

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Missouri pushes back deadline for medical cannabis businesses to open
Feb 24, 2021, 1:30 pm By Bart Schaneman
Missouri regulators have extended the deadline for the state's medical marijuana companies to open…

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Marijuana MSO Verano raises CA$100 million, announces Arizona acquisition
Feb 24, 2021, 12:28 pm By Solomon Israel
Chicago-based multistate marijuana firm Verano Holdings raised slightly more than $100 million…

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