MJBizDaily · Page 326

Insurance-covered medical cannabis falls for the first time in Germany
Sep 17, 2020, 9:00 am By Alfredo Pascual
Insurance reimbursements for cannabis in Germany dropped for the first time – on a quarterly basis…

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Trulieve forks out $66 million for two Pennsylvania medical cannabis firms
Sep 17, 2020, 9:00 am By Bart Schaneman
Trulieve, the preeminent medical cannabis operator in Florida, plans to expand to Pennsylvania by…

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Marijuana vape firms say one year after vaping crisis, customers turning to legal suppliers over illicit market
Sep 17, 2020, 6:30 am By Bart Schaneman
A year after the vaping health crisis upended the cannabis industry, marijuana vape companies report…

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Memo alleges obstruction in Missouri medical marijuana licensing probe
Sep 16, 2020, 5:15 pm By Jeff Smith
The counsel for the Democratic legislative caucus in Missouri alleges that state medical marijuana…

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Vermont lawmakers set to legalize recreational cannabis sales, though governor a question mark
Sep 16, 2020, 4:21 pm By John Schroyer
Vermont could become the second state in the nation to legalize adult-use marijuana sales through…

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Canadian cannabis retailer High Tide posts sequential revenue growth
Sep 16, 2020, 3:29 pm By Solomon Israel
Canadian cannabis retail chain High Tide Inc. reported revenue of 23.2 million Canadian dollars…

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New medical cannabis product recall in Germany
Sep 16, 2020, 2:13 pm By Alfredo Pascual
Cologne, Germany-based Cannamedical is recalling a batch of cannabis flower after contamination…

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Canopy Rivers JV PharmHouse gets creditor protection order after lawsuit
Sep 16, 2020, 12:27 pm By Solomon Israel
PharmHouse Inc., a Canadian cannabis joint venture partly owned by venture capital firm Canopy…

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New wave of multistate marijuana operators hope they have the ‘secret sauce’ to succeed
Sep 16, 2020, 12:00 pm By Jeff Smith
A second round of multistate marijuana operators are rapidly expanding their geographic footprints,…

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New Jersey adding more medical cannabis dispensaries
Sep 16, 2020, 9:00 am By John Schroyer
New Jersey, currently home to only 11 medical marijuana dispensaries, will be getting its 12th on…

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Four tips to navigate cannabis mergers and acquisitions in a distressed market
Sep 16, 2020, 6:30 am By Bart Schaneman
In the midst of an extended economic downturn, cannabis companies have few options for raising…

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Maine licenses first recreational marijuana manufacturing facility
Sep 15, 2020, 6:37 pm By Bart Schaneman
Maine regulators licensed the state’s first recreational marijuana manufacturing facility along…

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Canadian cannabis retailers Meta, Fire & Flower report sales growth, net losses
Sep 15, 2020, 3:21 pm By Solomon Israel
Two of Canada’s biggest cannabis retail chains have posted increasing quarterly revenues, as…

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Multistate cannabis operator Holistic Industries raises $35 million
Sep 15, 2020, 3:17 pm By Jeff Smith
Holistic Industries, a Maryland-based multistate cannabis operator, said it raised $35 million in…

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Hexo announces fourth chief financial officer in two years
Sep 15, 2020, 12:16 pm By Matt Lamers
The chief financial officer carousel is turning once again at cannabis producer Hexo Corp. The…

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Washington state marijuana vaping lawsuit dismissed
Sep 15, 2020, 12:14 pm By Bart Schaneman
A state judge dismissed a lawsuit against Everett, Washington-based marijuana vaporizer company…

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Czech medical cannabis sales show timid growth despite insurance coverage
Sep 15, 2020, 10:56 am By Alfredo Pascual
Medical cannabis sales in Czech Republic remain largely insignificant despite health insurance…

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Cannabis producer Zenabis gets 4th CEO in 2 years
Sep 15, 2020, 9:59 am By Matt Lamers
Consumer packaged goods veteran Shai Altman took the reins of Zenabis earlier this month as the…

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New Zealand cannabis market estimated at NZ$1.5 billion, 74,000 kilograms
Sep 15, 2020, 9:00 am By Matt Lamers
Roughly 74,000 kilograms (74 metric tons) of cannabis is consumed annually in New Zealand’s…

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California marijuana tax revenues stall in wake of pandemic, job losses
Sep 15, 2020, 6:30 am By Andrew Long
A global pandemic, record job losses and massive budget shortfalls all contributed to what…

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