MJBizDaily · Page 408

Why considering the time frame is critical for cannabis valuations
Oct 17, 2019, 4:27 pm By Jenel Stelton-Holtmeier
In any valuation exercise, including hemp and cannabis companies, there is always some discussion…

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Chicago marijuana firm inks $29 million real estate deal
Oct 17, 2019, 3:27 pm By John Rebchook
Revolution Global, a Chicago-based cannabis company, will more than double the capacity at its…

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Northeast governors meet to create regional adult-use cannabis plan
Oct 17, 2019, 1:23 pm By Jeff Smith
Governors from New York, New Jersey, Pennsylvania and Connecticut are co-hosting a cannabis summit…

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Report: Draft law to legalize recreational cannabis in Mexico handed to Senate commissions
Oct 17, 2019, 12:19 pm By Alfredo Pascual
The Mexican Senate’s parliamentary commissions of justice, health and legislative studies received…

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Cannabis businesses invest CA$700 in Atlantic Canada, report estimates
Oct 17, 2019, 9:55 am By Matt Lamers
Investments by nearly two dozen federally licensed cannabis producers in New Brunswick, Nova Scotia,…

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Webcast: Harborside CEO talks shift to for-profit marijuana model
Oct 17, 2019, 8:00 am By Jenel Stelton-Holtmeier
Harborside is a pioneer of the legalized cannabis industry focused cultivation, branded products and…

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Buying cannabis licenses on secondary market more of a sure bet than applying for state business permits
Oct 17, 2019, 6:30 am By Margaret Jackson
As the marijuana industry matures and companies expand, many smaller, original growers and retailers…

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Cannabis advertising firm Weedmaps cuts 100-plus jobs in response to slow adult-use market rollouts
Oct 16, 2019, 6:47 pm By Bart Schaneman
California marijuana advertising giant Weedmaps announced Wednesday it laid off 25% of its…

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Recreational marijuana legalization in New Mexico set for push
Oct 16, 2019, 5:34 pm By Jeff Smith
New Mexico would use proceeds from recreational marijuana to provide low-interest loans to small…

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Chicago allows some adult-use cannabis sales downtown
Oct 16, 2019, 5:07 pm By Jeff Smith
Chicago’s City Council approved a zoning ordinance that bans recreational marijuana stores from…

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Colorado’s largest cannabis grower loses millions of dollars in early freeze; supply disruption expected
Oct 16, 2019, 4:53 pm By Bart Schaneman
The largest marijuana grower in Colorado – Pueblo-based Los Sueños Farms – disclosed it lost…

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Canadian cannabis firm Valens GroWorks reports profitable third quarter
Oct 16, 2019, 1:36 pm By Matt Lamers
British Columbia-based Valens GroWorks reported third-quarter net income of 5.9 million Canadian…

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France creates committee to draft rules for medical cannabis trial
Oct 16, 2019, 9:36 am By Alfredo Pascual
The French Agency for the Safety of Medicines and Health Products (ANSM) created a scientific…

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In mainstream partnership, Eaze delivers marijuana to California hotel
Oct 16, 2019, 8:00 am By Margaret Jackson
Room service just got a little tastier for guests at the Fairmont Miramar Hotel & Bungalows in Santa…

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Former IRS attorney warns of upcoming ‘tsunami’ of marijuana-related 280E audits
Oct 16, 2019, 6:30 am By John Schroyer
A tax expert who spent six years as an IRS trial lawyer is sounding a new 280E alarm bell that…

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Canada Goose director Jodi Butts nominated for cannabis producer Aphria’s board
Oct 15, 2019, 5:30 pm By Matt Lamers
Jodi Butts, an independent board director for Canada Goose clothing company, has been nominated to…

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Colorado proposes rules to ban additives in marijuana vape products
Oct 15, 2019, 4:52 pm By Bart Schaneman
Colorado regulators are finalizing rules to ban certain ingredients from marijuana vaping products,…

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Ontario marijuana company Aphria reports another profitable quarter
Oct 15, 2019, 4:43 pm By Matt Lamers
Canadian cannabis producer Aphria said it earned 16.4 million Canadian dollars ($12.1 million) in…

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Voluntary recall of marijuana products at 144 Colorado dispensaries
Oct 15, 2019, 4:11 pm By Margaret Jackson
Denver-based Bonsai Cultivation voluntarily recalled marijuana plant-material products from across…

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Aphria’s latest results highlight positive outlook for cannabis industry
Oct 15, 2019, 3:57 pm By Jenel Stelton-Holtmeier
Recent skepticism of the cannabis sector may be overblown, especially for companies that are fully…

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