MJBizDaily · Page 334

Week in Review: Canopy CEO’s huge compensation, states’ strong cannabis sales, vaping’s popularity & more
Aug 15, 2020, 10:00 am By Bart Schaneman
The total compensation for the new CEO at Ontario, Canada-based Canopy Growth was an eye-popping…

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Maine sets October date to commence recreational cannabis sales
Aug 14, 2020, 5:30 pm By Bart Schaneman
In a long-awaited move, Maine regulators set an Oct. 9 date for recreational cannabis sales to…

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HISIERRA® Launches New E-Commerce Website
Aug 14, 2020, 4:42 pm By Pamela Moore
FOR IMMEDIATE RELEASE: South Windsor, Connecticut, USA August 14, 2020– HISIERRA® announced today…

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Marijuana legalization plaintiffs make final plea to US Supreme Court
Aug 14, 2020, 3:23 pm By Jeff Smith
The federal statute criminalizing cannabis should be declared unconstitutional, according to a…

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Canada asks consumers to purchase legal cannabis edibles after kids ingest illegal products
Aug 14, 2020, 2:36 pm By Solomon Israel
Canada’s federal health authority is advising consumers to buy cannabis exclusively from…

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Cannabis REIT Innovative Industrial Properties on a roll with $100M in recent outlays on cultivation, distribution sites
Aug 14, 2020, 6:30 am By John Rebchook
Innovative Industrial Properties is on a marijuana shopping spree, having spent $100 million since…

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Canada’s medical cannabis market plateauing after recreational legalization – at least for now
Aug 14, 2020, 6:30 am By Matt Lamers
The number of active medical marijuana patients in Canada appears to have leveled off about a year…

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Montana adult-use cannabis legalization initiative certified for November ballot
Aug 13, 2020, 4:34 pm By Jeff Smith
A citizen initiative in Montana to legalize a commercial recreational marijuana program gathered…

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Colorado’s $158M in June recreational cannabis sales sets mark amid COVID
Aug 13, 2020, 11:00 am By Jeff Smith
Colorado adult-use marijuana sales in June hit a record $158.1 million as the coronavirus pandemic…

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Marijuana Business Daily again makes Inc. 5000 list
Aug 13, 2020, 9:33 am By Solomon Israel
For the fifth year running, Marijuana Business Daily has earned a spot on Inc. magazine’s Inc.…

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Predicted California marijuana business failures haven’t happened, and COVID played a role
Aug 13, 2020, 6:30 am By John Schroyer
In late 2019, many in the California marijuana industry confidently predicted a rash of companies…

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Oklahoma medical marijuana sales on pace to double 2019 numbers
Aug 12, 2020, 5:32 pm By Jeff Smith
Oklahoma medical cannabis sales are on track to double this year to roughly $800 million as the…

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New Jersey could see uptick in medical cannabis patients via telemedicine
Aug 12, 2020, 5:20 pm By John Schroyer
New Jersey health authorities recently gave the greenlight to physicians to write recommendations…

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Vape pens reign supreme among ‘cannabis 2.0’ products in Canada, data shows
Aug 12, 2020, 12:57 pm By Solomon Israel
Cannabis oil vape pens have taken a commanding lead as the most popular “cannabis 2.0” products…

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Two marijuana tech firms raise $20 million-plus in venture capital
Aug 12, 2020, 12:23 pm By John Schroyer
A pair of cannabis businesses focused on the technology sector raised a combined $21.5 million in…

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Virginia’s potential $50 million medical cannabis program poised to launch
Aug 12, 2020, 6:30 am By Jeff Smith
Virginia’s limited commercial medical cannabis program will be met with modest expectations when…

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Green Thumb motion nixed as Arkansas cannabis licensing dispute continues
Aug 11, 2020, 6:03 pm By Jeff Smith
Illinois-based Green Thumb Industries (GTI) suffered a temporary setback in its effort to win a…

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Tilray revenue hit by lower recreational, medical cannabis sales
Aug 11, 2020, 4:53 pm By Matt Lamers
Nanaimo, British Columbia-based Tilray halved its net loss to $81.7 million for the second quarter…

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Jushi completes $37 million deal for Pennsylvania marijuana cultivator
Aug 11, 2020, 4:30 pm By Jeff Smith
Multistate marijuana operator Jushi Holdings completed its acquisition of Vireo Health…

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Canopy Growth CEO’s partial-year compensation tops CA$45 million
Aug 11, 2020, 2:34 pm By Matt Lamers
Canopy Growth’s chief executive earned 1,042 times more than the median compensation for the…

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