GW Pharma expects fiscal 2020 sales to reach $526 million
Jan 13, 2021, 2:26 pm By Matt LamersUnited Kingdom-based GW Pharmaceuticals expects to report annual sales of approximately $526 million…Virginia looks poised to legalize adult-use cannabis market
Jan 13, 2021, 1:01 pm By Jeff SmithVirginia Gov. Ralph Northam’s administration announced an adult-use cannabis legalization plan…New York appears better positioned to legalize $2 billion-plus recreational marijuana market
Jan 13, 2021, 11:00 am By Jeff SmithFacing massive budget woes and legalization in neighboring New Jersey, politicians in New York are…Cannabis CEOs, led by Aphria’s Irwin Simon, are among Canada’s top-paid execs despite losses
Jan 13, 2021, 6:30 am By Matt LamersA number of executives in the cannabis industry are among the highest-compensated CEOs in Canada,…Massachusetts marijuana regulator taps attorney to fill vacant seat
Jan 12, 2021, 5:50 pm By Bart SchanemanThe Massachusetts Cannabis Commission selected Dorchester lawyer Ava Callender Concepcion to fill…Mexico releases long-awaited medical cannabis regulations
Jan 12, 2021, 4:05 pm By Matt LamersMexico has published highly-anticipated regulations to underpin its medical cannabis industry,…Cannabis MSO MedMen raises $10M to aid financial-turnaround effort
Jan 12, 2021, 3:01 pm By Jeff SmithMultistate cannabis operator MedMen Enterprises said Tuesday it raised $10 million in capital by…Multiple marijuana businesses sue Michigan city over licensing process
Jan 12, 2021, 1:49 pm By John SchroyerTen marijuana companies filed suit against the Detroit suburb of Berkley, Michigan, in an attempt to…Organigram revenue stalls on inconsistent inventory, unfulfilled demand
Jan 12, 2021, 10:53 am By Matt LamersNew Brunswick-based cannabis producer Organigram continues to struggle, reporting lower sales and a…German entrepreneurs find revenue opportunities in private cannabis market
Jan 12, 2021, 9:39 am By Alfredo PascualAs public health insurance payouts for medical cannabis in Germany stagnate, entrepreneurs are…Are recreational marijuana sales in Illinois underperforming given the state’s large population?
Jan 12, 2021, 6:30 am By Andrew LongWhile Illinois topped $1 billion in total cannabis sales in 2020 as consumers scooped up adult-use…Colorado authorities issue recall of contaminated cannabis
Jan 11, 2021, 5:25 pm By Bart SchanemanColorado regulators issued a recall of marijuana from Denver-based Veritas Cannabis, alleging yeast…Cannabis MSO Curaleaf borrows $50 million via 3-year credit facility
Jan 11, 2021, 4:18 pm By Solomon IsraelMassachusetts-based multistate marijuana company Curaleaf Holdings is borrowing $50 million by way…SD governor defends lawsuit to overturn recreational cannabis legalization
Jan 11, 2021, 2:32 pm By Jeff SmithSouth Dakota Republican Gov. Kristi Noem issued an executive order that indicated she is behind the…California marijuana regulatory merger on track for July
Jan 11, 2021, 1:16 pm By John SchroyerCalifornia Gov. Gavin Newsom’s 2020 proposal – to merge the three regulatory agencies that…CA Legislature might ban smokable hemp, permit hemp food, drinks
Jan 11, 2021, 10:10 am By John Schroyer(A version of this story first appeared at Hemp Industry Daily.) California lawmakers will be faced…Edibles outperform cannabis industry growth in 2020 on COVID-spurred sales surge
Jan 11, 2021, 6:30 am By Bart SchanemanCannabis edibles sales grew at a rate exceeding the overall growth of the marijuana industry in…Want to sell your marijuana business? Here’s how to get it ready for sale
Jan 10, 2021, 11:00 am By Christa MadridAcquisitions remain a key strategy for companies looking to enter or expand their reach within the…Vireo closes $4 million purchase of Nevada cannabis production facilities
Jan 8, 2021, 3:47 pm By John SchroyerCannabis multistate operator Vireo Health said it has finally closed on a 2018 deal valued at $4…Oregon marijuana sales reach record $1 billion-plus in 2020
Jan 8, 2021, 12:12 pm By Bart SchanemanRecreational cannabis sales exceeded $1 billion in Oregon last year, coinciding with the coronavirus…
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