MJBizDaily · Page 309

Zenabis selling cannabis facility for half of original asking price
Nov 30, 2020, 3:43 pm By Matt Lamers
Vancouver-based Zenabis Global has reached a conditional agreement for the sale of its facility in…

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VA recreational marijuana market would need 5 years to mature, report says
Nov 30, 2020, 2:28 pm By Bart Schaneman
A working group in Virginia is estimating it will take up to five years for a recreational marijuana…

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New Jersey court tosses medical cannabis licensing issue back to state
Nov 30, 2020, 1:51 pm By Jeff Smith
A court ruling in New Jersey could prompt regulators to resolve some of the lingering litigation…

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US House poised to act this week on landmark marijuana legalization bill
Nov 30, 2020, 1:20 pm By Jeff Smith
The U.S. House of Representative is scheduled this week to take up legislation to legalize marijuana…

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Aurora Cannabis shuts massive CA$250 million greenhouse ‘indefinitely’
Nov 30, 2020, 1:11 pm By Matt Lamers
Aurora Cannabis says it’s pausing operations at its Sun greenhouse in Medicine Hat, Alberta,…

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Netherlands to draw 10 recreational marijuana growers this week
Nov 30, 2020, 10:27 am By Alfredo Pascual
The Dutch government will hold a draw on Thursday to choose 10 marijuana cultivators for the…

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Canadian cannabis firm Organigram reports CA$136M loss for year
Nov 30, 2020, 9:50 am By Matt Lamers
New Brunswick-based cannabis producer Organigram reported a net loss of 136 million Canadian dollars…

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Proposed pesticide, heavy-metal testing rules in Washington state roil marijuana cultivators
Nov 30, 2020, 6:30 am By Bart Schaneman
A Washington state proposal to require growers to test their recreational marijuana for pesticides…

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Cannabis NB expects CA$10M profit; privatization update ‘in near future’
Nov 27, 2020, 4:33 pm By Matt Lamers
New Brunswick’s cannabis retail monopoly Cannabis NB expects to end its fiscal year with a profit…

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Upcoming UN vote may be watershed moment for global medical cannabis – if only symbolic
Nov 27, 2020, 9:00 am By Alfredo Pascual
The medical cannabis industry could be in for one of its biggest symbolic wins in decades if a…

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Colombian cannabis producers raise fresh rounds of capital
Nov 26, 2020, 1:39 pm By Alfredo Pascual
Some leading licensed cannabis producers in Colombia raised fresh rounds of capital recently. Khiron…

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As consolidation hits Canadian cannabis retail, more mergers and acquisitions expected
Nov 26, 2020, 9:00 am By Solomon Israel
Consolidation is picking up among Canada’s regulated cannabis retailers as recreational marijuana…

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Georgia taking applications to produce ‘low-THC’ marijuana oil
Nov 25, 2020, 1:29 pm By Bart Schaneman
Georgia regulators are taking applications to process and manufacture medical marijuana oil in the…

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Growing markets lift multistate cannabis operator earnings as many MSOs turn the corner
Nov 25, 2020, 6:30 am By Jeff Smith
Publicly traded multistate cannabis operators generally enjoyed robust third-quarter financial…

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Cannabis SPAC acquires Caliva and Left Coast Ventures, hires Jay-Z
Nov 24, 2020, 6:38 pm By Bart Schaneman
New York-based Subversive Capital Acquisition Corp., a special-purpose acquisition company, said it…

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Marijuana firm Vireo files prospectus to issue up to $200 million in securities
Nov 24, 2020, 1:54 pm By Jeff Smith
Minneapolis-based Vireo Health International said it has filed a preliminary prospectus in Canada to…

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Supply-demand imbalance grows for Canadian cannabis edibles
Nov 24, 2020, 12:36 pm By Matt Lamers
Makers of edible cannabis products in Canada continue to stock more production than they’re able…

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California judge rules against cannabis billboard ads on interstate highways
Nov 24, 2020, 12:35 pm By John Schroyer
Billboards for marijuana companies are commonplace in California, but that advertising option for…

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Latin American cannabis exports continue to fall short of lofty expectations
Nov 24, 2020, 12:16 pm By Alfredo Pascual
Expectations that Latin America would become a significant exporter of cannabis for medical and…

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Maine’s recreational marijuana sales reach $1.4 million in first month
Nov 24, 2020, 10:54 am By Solomon Israel
Regulated recreational marijuana retailers in Maine sold $1.4 million worth of cannabis in the first…

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