MJBizDaily · Page 304

How a $100M global cannabis deal came together over Zoom: Q&A with IMC’s Oren Shuster
Feb 18, 2021, 1:05 pm By Matt Lamers
Negotiating an international cannabis merger worth roughly $100 million is hard enough – but doing…

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Marijuana foes deploy new ‘playbook’ to thwart state legalization, upend election results
Feb 18, 2021, 6:30 am By Jeff Smith
Efforts to thwart voter-approved marijuana legalization in Mississippi, Montana and South Dakota…

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Cannabis producer Tilray reports $271 million loss for year
Feb 17, 2021, 5:48 pm By Matt Lamers
Cannabis producer Tilray cut its annual loss to $271 million for 2020, an improvement from the…

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Report: Ex-Eaze CEO to be charged in cannabis payment-processing scheme
Feb 17, 2021, 4:29 pm By Jeff Smith
Federal prosecutors reportedly plan to charge a former CEO of California cannabis delivery platform…

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Biden’s DOJ lawyers take IRS side in marijuana firm’s 280E fight
Feb 17, 2021, 2:45 pm By Jeff Smith
The Biden administration has weighed in on a U.S. Supreme Court marijuana petition, arguing that…

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Cannabis firm Agrify prices share offering to raise $75 million
Feb 17, 2021, 1:45 pm By Solomon Israel
Ancillary cannabis company Agrify priced an underwritten public offering to raise $75 million, less…

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JW Asset, ex-athlete launch $100M fund for marijuana minority businesses
Feb 17, 2021, 12:47 pm By Jeff Smith
New York fund manager JW Asset Management is teaming up with former NBA All-Star Chris Webber to…

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Oregon marijuana firms enjoy booming market fueled by pandemic, consumers shunning illicit suppliers
Feb 17, 2021, 11:00 am By Bart Schaneman
Oregon recreational marijuana companies are enjoyable favorable economics not seen in years, with…

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Transforming the cannabis concentrates market
Feb 17, 2021, 6:30 am By Bart Schaneman
A decade ago, I was spearheading company growth for Atlas Snowshoes, which had just invented and…

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Tuatara-backed SPAC raises $175 million to target cannabis acquisitions
Feb 16, 2021, 3:00 pm By Jeff Smith
Tuatara Capital Acquisition, a cannabis-focused special purpose acquisition company (SPAC), said it…

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Hexo strikes deal to acquire Zenabis for CA$235M, eyes European cannabis market
Feb 16, 2021, 2:47 pm By Matt Lamers
Ottawa, Ontario-headquartered cannabis producer Hexo Corp. on Tuesday entered a definitive…

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Ontario accelerates cannabis store licensing to 120 per month
Feb 16, 2021, 2:40 pm By Solomon Israel
The cannabis store regulator in Canada’s single largest recreational marijuana market has once…

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Canadian marijuana retailer Fire & Flower seeks Nasdaq listing
Feb 16, 2021, 2:01 pm By Solomon Israel
Fire & Flower Holdings, a Canadian cannabis retail chain with an eye on international growth, has…

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Maine recreational cannabis sales booming; new testing lab opens
Feb 16, 2021, 12:31 pm By Omar Sacirbey
A maturing recreational cannabis market in Maine is driving higher sales and lower prices – and…

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Oklahoma medical marijuana sales surpass $800 million for 2020
Feb 16, 2021, 9:00 am By Bart Schaneman
Medical marijuana sales in Oklahoma reached more than $800 million for 2020, more than twice that…

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Retail prices for recreational marijuana flower rise in response to record demand amid pandemic
Feb 16, 2021, 6:30 am By Andrew Long
The average retail price for smokable recreational marijuana products in four Western states…

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Delaware doubles number of medical cannabis licensees
Feb 15, 2021, 5:36 pm By Omar Sacirbey
Delaware increased the number of medical cannabis business licensees from three to six, a…

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New Mexico adult-use marijuana bill advanced by state House panel
Feb 15, 2021, 4:41 pm By Jeff Smith
A New Mexico legislative committee Monday advanced a social equity and microbusiness-focused…

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California’s Humboldt County permanently bans hemp cultivation
Feb 15, 2021, 3:45 pm By Kristen Nichols
Humboldt County in Northern California's famed Emerald Triangle permanently banned outdoor…

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Cannabis spurs creative but unrealistic ideas, study shows
Feb 15, 2021, 3:30 pm By Ivan Moreno
Using cannabis can spark creative business ideas, but those ideas are not always realistic,…

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MJBizDaily (Marijuana Business Daily) is a leading news and analysis outlet covering the global cannabis industry. The site provides comprehensive reporting on business trends, investments, regulations, and market data for cannabis entrepreneurs and professionals. Known for its in-depth journalism and industry expertise, MJBizDaily helps readers navigate the evolving legal cannabis market and is recognized for hosting the annual MJBizCon, one of the world’s largest cannabis business conferences.

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