MJBizDaily · Page 305

Marijuana MSO Cresco inks $213M all-stock deal to expand into Florida
Jan 14, 2021, 1:07 pm By Jeff Smith
Marijuana multistate operator Cresco Labs entered a definitive agreement to acquire Bluma Wellness…

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Aphria grows Q2 revenue, reports CA$120.6M net loss
Jan 14, 2021, 11:55 am By Solomon Israel
Canadian cannabis company Aphria reported increased quarterly revenue on Thursday for the quarter…

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SciPhy Systems & Artisan Industries Inc. announce the ARTISAN X-SR200: The next generation of solvent recovery systems for industrial hemp processing
Jan 14, 2021, 10:53 am By Pamela Moore
Portland, OR and Stoughton, MA – SciPhy Systems & Artisan Industries Inc. have introduced an…

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1-gram cannabis flower sales fell in 2020 amid pandemic, but don’t write off the small packet
Jan 14, 2021, 6:30 am By Solomon Israel
Sales of 1-gram cannabis flower packages tumbled in multiple North American marijuana markets last…

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Colorado hits $2B for 2020 marijuana sales – with December still to count
5:35pm By John Schroyer
The oldest adult-use marijuana market in the United States, Colorado, hit a milestone in 2020 when…

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New Jersey cannabis company workers sign up with union
4:11pm By Bart Schaneman
Employees at New Jersey cannabis company Verano NJ voted to ratify a union contract with two local…

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Maine marijuana testing lab closed over licensing issue
3:01pm By Solomon Israel
(This story has been updated with more information from Maine’s Office of Marijuana Policy.)…

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GW Pharma expects fiscal 2020 sales to reach $526 million
2:26pm By Matt Lamers
United Kingdom-based GW Pharmaceuticals expects to report annual sales of approximately $526…

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Virginia looks poised to legalize adult-use cannabis market
1:01pm By Jeff Smith
Virginia Gov. Ralph Northam’s administration announced an adult-use cannabis legalization plan that…

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New York appears better positioned to legalize $2 billion-plus recreational marijuana market
11:00am By Jeff Smith
Facing massive budget woes and legalization in neighboring New Jersey, politicians in New York are…

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Cannabis CEOs, led by Aphria’s Irwin Simon, are among Canada’s top-paid execs despite losses
6:30am By Matt Lamers
A number of executives in the cannabis industry are among the highest-compensated CEOs in Canada,…

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Massachusetts marijuana regulator taps attorney to fill vacant seat
Tue 5:50pm By Bart Schaneman
The Massachusetts Cannabis Commission selected Dorchester lawyer Ava Callender Concepcion to fill…

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Mexico releases long-awaited medical cannabis regulations
Tue 4:05pm By Matt Lamers
Mexico has published highly-anticipated regulations to underpin its medical cannabis industry,…

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Cannabis MSO MedMen raises $10M to aid financial-turnaround effort
Tue 3:01pm By Jeff Smith
Multistate cannabis operator MedMen Enterprises said Tuesday it raised $10 million in capital by…

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Multiple marijuana businesses sue Michigan city over licensing process
Tue 1:49pm By John Schroyer
Ten marijuana companies filed suit against the Detroit suburb of Berkley, Michigan, in an attempt…

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Organigram revenue stalls on inconsistent inventory, unfulfilled demand
Tue 10:53am By Matt Lamers
New Brunswick-based cannabis producer Organigram continues to struggle, reporting lower sales and a…

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German entrepreneurs find revenue opportunities in private cannabis market
Tue 9:39am By Alfredo Pascual
As public health insurance payouts for medical cannabis in Germany stagnate, entrepreneurs are…

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Are recreational marijuana sales in Illinois underperforming given the state’s large population?
Tue 6:30am By Andrew Long
While Illinois topped $1 billion in total cannabis sales in 2020 as consumers scooped up adult-use…

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Colorado authorities issue recall of contaminated cannabis
Jan 11, 2021, 5:25 pm By Bart Schaneman
Colorado regulators issued a recall of marijuana from Denver-based Veritas Cannabis, alleging yeast…

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Cannabis MSO Curaleaf borrows $50 million via 3-year credit facility
Jan 11, 2021, 4:18 pm By Solomon Israel
Massachusetts-based multistate marijuana company Curaleaf Holdings is borrowing $50 million by way…

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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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