MJBizDaily · Page 297

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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Cannabis MSO Verano announces $100M subscription receipt financing
Jan 21, 2021, 1:35 pm By Solomon Israel
Multistate cannabis operator Verano Holdings raised $100 million in subscription receipt financing…

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Keegan Peterson, founder/CEO of marijuana tech firm Wurk, dies at 33
Jan 21, 2021, 12:56 pm By Bart Schaneman
Marijuana industry executive Keegan Peterson, who founded Denver HR tech company Wurk, has died at…

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Czech medical cannabis sales surge, but market remains small
Jan 21, 2021, 11:12 am By Alfredo Pascual
The Czech market for medical cannabis flower quadrupled last year compared to 2019, according to…

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These four states could legalize medical marijuana through legislation in 2021
Jan 21, 2021, 6:30 am By Jeff Smith
Four red states – Alabama, Kansas, Kentucky and South Carolina – could legalize medical…

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Cannabis firm CannTrust reaches agreement to settle shareholder claims
Jan 20, 2021, 6:36 pm By Solomon Israel
Embattled Canadian cannabis producer CannTrust Holdings on Wednesday announced a restructuring…

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NCIA: High recreational marijuana taxes in New York could hurt legal market
Jan 20, 2021, 5:06 pm By Jeff Smith
A marijuana industry official cautioned New York officials that recreational marijuana taxes need to…

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Valens ‘clears the deck,’ liquidating most cannabis oil inventory
Jan 20, 2021, 12:31 pm By Matt Lamers
Cannabis derivative manufacturer Valens Co. said it is liquidating most of its oil inventory, citing…

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Canada’s ‘croptober’ surge pushes cannabis inventory over 1 million kilograms
Jan 20, 2021, 9:00 am By Matt Lamers
Canadian licensed producers added a record 220,461 kilograms of marijuana to their inventories in…

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An elusive pathogen is damaging cannabis crops – here’s how to fight it
Jan 20, 2021, 6:40 am By Kristen Nichols
Over and over again, I meet cannabis growers who are not yet aware of a widespread disease that has…

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Massachusetts cannabis retailers sue state over delivery regulations
Jan 19, 2021, 5:50 pm By Bart Schaneman
Marijuana retailers in Massachusetts filed a lawsuit against the state's Cannabis Control…

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California trade group offers marijuana banking services through credit union
Jan 19, 2021, 4:56 pm By John Schroyer
The California Cannabis Industry Association (CCIA) on Tuesday unveiled a new partnership with North…

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