MJBizDaily · Page 294

With Democrats in charge, cannabis advocates upbeat about US reforms – but legalization uncertain
Jan 27, 2021, 6:30 am By John Schroyer
Now that President Joe Biden has been sworn in and Democrats have taken control of Congress, many…

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Judge reaffirms that marijuana firm MedMen must pay ex-CFO’s legal fees
Jan 26, 2021, 3:59 pm By John Schroyer
A California judge again ordered marijuana multistate operator MedMen to pay the company’s former…

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Massachusetts city drops onerous ‘impact fee’ on cannabis businesses
Jan 26, 2021, 1:20 pm By Jeff Smith
A Massachusetts municipality became the first in the state to stop assessing a controversial 3%…

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Arizona’s initial adult-use marijuana licensing leaves some cities underserved
Jan 26, 2021, 11:00 am By Andrew Long
Arizona might have opened adult-use marijuana sales last week, but the initial round of retail…

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Cannabis firm Weedmaps aims for 175% revenue growth via higher ad prices, wider footprint
Jan 26, 2021, 6:30 am By Michael Regan
Cannabis advertising giant Weedmaps hopes to boost its revenue over the next three years by a…

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Harvest closes $34.6M Florida sale-leaseback deal with marijuana REIT
Jan 25, 2021, 3:44 pm By Solomon Israel
Multistate marijuana operator Harvest Health & Recreation on Monday closed a sale-leaseback…

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France chooses companies to supply free medical cannabis for trial program
Jan 25, 2021, 3:20 pm By Alfredo Pascual
The French Agency for the Safety of Medicines and Health Products (ANSM) selected the companies that…

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Boycott spurs Massachusetts cannabis trade group to withdraw delivery suit
Jan 25, 2021, 2:38 pm By Jeff Smith
A Massachusetts cannabis retail association is backing off its legal challenge to the state’s…

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Analyst warns of more closures, consolidation amid Canadian cannabis glut
Jan 25, 2021, 1:32 pm By Matt Lamers
The Canadian cannabis industry should brace for more facility closures, bankruptcies and…

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Canadian marijuana retailer High Tide buys US online head shop for $8 million
Jan 25, 2021, 11:58 am By Solomon Israel
Calgary, Alberta-based marijuana retailer High Tide is spending $8 million to acquire Smoke Cartel,…

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French consultation on marijuana legalization passes 200,000 responses
Jan 25, 2021, 10:16 am By Alfredo Pascual
A consultation on cannabis legalization in France that launched on Jan. 13 has already gathered…

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Premium flower demand drives Colorado wholesale marijuana prices to nearly five-year highs
Jan 25, 2021, 6:30 am By Bart Schaneman
Wholesale marijuana flower prices in Colorado are climbing in part because of the increased demand…

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Recreational marijuana sales kick off in Arizona less than three months after voters pass ballot measure
Jan 22, 2021, 3:25 pm By Solomon Israel
Arizona approved 73 dispensaries to start selling recreational marijuana on Friday, launching the…

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Dutch recreational cannabis experiment advances after court appeal rejected
Jan 22, 2021, 2:49 pm By Alfredo Pascual
A Dutch judge rejected on Thursday a request to annul the results of a lottery process used to…

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Aurora raising $125 million with eye on reducing debt
Jan 22, 2021, 12:06 pm By Matt Lamers
Aurora Cannabis is raising $125 million via a stock-purchase deal to finance general corporate…

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First Big Tobacco marijuana player exits marijuana, hemp after bankruptcy
Jan 22, 2021, 11:23 am By Roger Fillion
The first Big Tobacco company to make a foray into the marijuana and hemp industries is exiting…

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Pyxus International divesting Canadian cannabis subsidiaries
Jan 22, 2021, 11:15 am By Solomon Israel
U.S. tobacco firm Pyxus International is divesting its Canadian cannabis subsidiaries, with plans to…

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Canadian cannabis sales slip in most provinces in November
Jan 22, 2021, 10:54 am By Matt Lamers
November retail sales of recreational cannabis products across Canada fell to 261 million Canadian…

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Cannabis sales records smashed or set in 2020, and insiders expect the gains to continue
Jan 22, 2021, 6:30 am By John Schroyer
The COVID-19 outbreak that began about a year ago has proved devastating for many mainstream…

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Latest Canadian cannabis recalls include melting vape pens, moldy bud
Jan 21, 2021, 1:39 pm By Solomon Israel
Canadian cannabis products recalled in January include defective all-in-one vape pens from Hexo, as…

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