MJBizDaily · Page 328

Cannabis companies with specific plans for new funding find success at raising capital
Sep 18, 2020, 6:30 am By Michael Regan
Capital markets remain very tight, but they started to open up again for marijuana companies in the…

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Custom Cones USA debuts fully automated pre-roll machine
Sep 17, 2020, 7:13 pm By Pamela Moore
Custom Cones USA announced the latest innovation in the pre-roll manufacturing space with their…

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Colorado, Illinois, Ohio set records for monthly marijuana sales
Sep 17, 2020, 6:17 pm By Bart Schaneman
States continue to post record cannabis sales in the face of the COVID-19 pandemic and the ensuing…

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Cannabis operator MedMen inks financing commitments of about $20M
Sep 17, 2020, 5:58 pm By Jeff Smith
Multistate marijuana operator MedMen Enterprises has raised roughly $20 million of financing, with…

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US House said to delay marijuana legalization vote until after election
Sep 17, 2020, 3:34 pm By Jeff Smith
A bill to remove marijuana from the Controlled Substances Act and thereby legalize the plant…

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Israel to increase import requirements, limiting cannabis export opportunities
Sep 17, 2020, 12:57 pm By Alfredo Pascual
The Israeli Ministry of Health informed domestic licensed producers that it is strengthening the…

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Report: Australia’s cannabis sales near AU$100 million as consolidation looms
Sep 17, 2020, 12:31 pm By Matt Lamers
Australia’s market for medical cannabis is expected to triple this year to about AU$95 million…

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Canadian cannabis events firm Lift & Co. files for bankruptcy
Sep 17, 2020, 11:52 am By Solomon Israel
Lift & Co. Corp., a Toronto-based cannabis events and marketing firm, has filed for bankruptcy. The…

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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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