New Canadian cannabis flower now available in German pharmacies
11:32am By Alfredo PascualGermany-based Four 20 Pharma and Northern Green Canada announced their first shipment of non-irradiated medical cannabis flower has reached German pharmacies. The export “from Toronto, Canada to Paderborn, Germany is the part of a larger supply agreement…Canada’s recreational marijuana sales grow to record CA$231 million
11:04am By Solomon IsraelRetail sales of adult-use cannabis in Canada grew yet again in July, increasing by 15.2% over June’s record to another high of 231.6 million Canadian dollars ($175.6 million). The July sales imply an annual Canadian marijuana market worth nearly CA$2.8…France urged to act on medical cannabis after falling ‘alarmingly behind’
10:30am By Alfredo PascualA French parliamentary committee is urging the government to publish a decree needed to initiate a delayed medical cannabis experiment as industry and patient advocates say the country is falling behind in implementation. The appeal was made in a document that…Cannabis companies with specific plans for new funding find success at raising capital
6:30am By Michael ReganCapital markets remain very tight, but they started to open up again for marijuana companies in the third quarter of 2020, as shown in Viridian Capital Advisors’ deal tracker. Yet demand remains much greater than the supply of available funding, driven by…Custom Cones USA debuts fully automated pre-roll machine
Thu 7:13pm By Pamela MooreCustom Cones USA announced the latest innovation in the pre-roll manufacturing space with their fully automated pre-roll machine. Capable of producing up to 1,500 pre-rolls per hour, this automated machine has taken what used to take a team of 10 people all…Colorado, Illinois, Ohio set records for monthly marijuana sales
Thu 6:17pm By Bart SchanemanStates continue to post record cannabis sales in the face of the COVID-19 pandemic and the ensuing economic downturn, further evidence the marijuana industry is capable of weathering the recession. Here are three recent reports: Colorado set a record in July,…Cannabis operator MedMen inks financing commitments near $20 million
Thu 5:58pm By Jeff SmithMultistate marijuana operator MedMen Enterprises has raised roughly $20 million of financing, with $11.7 million committed now, in a series of complex transactions with existing lenders and institutional investors. The Los Angeles-based company said in a news…US House said to delay marijuana legalization vote until after election
Thu 3:34pm By Jeff SmithA bill to remove marijuana from the Controlled Substances Act and thereby legalize the plant federally won’t be voted on by the U.S. House next week or before the Nov. 3 election.…Israel to increase import requirements, limiting cannabis export opportunities
Thu 12:57pm By Alfredo PascualThe Israeli Ministry of Health informed domestic licensed producers that it is strengthening the quality requirements for medical cannabis imports. In an email addressed to “importers,” Tal Lavy of the pharmaceutical division of the Ministry of Health –…Report: Australia cannabis sales near AU$100 million as consolidation looms
Thu 12:31pm By Matt LamersAustralia’s market for medical cannabis is expected to triple this year to about AU$95 million ($70 million) in product sales, according to a new report published by North Sydney-based data firm FreshLeaf Analytics. However, FreshLeaf said it analyzed 37…Canadian cannabis events firm Lift & Co. files for bankruptcy
Thu 11:52am By Solomon IsraelLift & Co. Corp., a Toronto-based cannabis events and marketing firm, has filed for bankruptcy.…Insurance-covered medical cannabis falls for the first time in Germany
Thu 9:00am By Alfredo PascualInsurance reimbursements for cannabis in Germany dropped for the first time – on a quarterly basis – since the current medical program started in early 2017, according to new data for the quarter ended June 30, 2020. The reason: Prices fell while the…Trulieve forks out $66 million for two Pennsylvania medical cannabis firms
Thu 9:00am By Bart SchanemanTrulieve, the preeminent medical cannabis operator in Florida, plans to expand to Pennsylvania by acquiring two MMJ companies in a $66 million deal. Pennsylvania will be the fifth state in which Trulieve does business. According to a news release, the…Marijuana vape firms say one year after vaping crisis, customers turning to legal suppliers over…
Thu 6:30am By Bart SchanemanA year after the vaping health crisis upended the cannabis industry, marijuana vape companies report that sales have rebounded as consumers grasp the danger of consuming illicit-market vaporizers and switch to legal suppliers. Arnaud Dumas de Rauly, co-founder…Memo alleges obstruction in Missouri medical marijuana licensing probe
Wed 5:15pm By Jeff SmithThe counsel for the Democratic legislative caucus in Missouri alleges that state medical marijuana regulators obstructed an investigation into the MMJ program by withholding critical information during hearings earlier this year. Casey Millburg, caucus…Vermont lawmakers set to legalize recreational cannabis sales, though governor a question mark
Wed 4:21pm By John SchroyerVermont could become the second state in the nation to legalize adult-use marijuana sales through its legislature if a compromise measure hammered out by lawmakers passes both chambers and is signed into law in coming weeks. While the legislation has yet to be…Canadian cannabis retailer High Tide posts sequential revenue growth
Wed 3:29pm By Solomon IsraelCanadian cannabis retail chain High Tide Inc. reported revenue of 23.2 million Canadian dollars ($17.6 million) for the quarter ended July 31, an 18.6% increase over the previous quarter’s revenue. Three-quarters of High Tide’s income for the quarter was…New medical cannabis product recall in Germany
Wed 2:13pm By Alfredo PascualCologne, Germany-based Cannamedical is recalling a batch of cannabis flower after contamination above acceptable levels was detected, Marijuana Business Daily has learned. This is at least the third cannabis recall this summer in Germany. Previously, Tilray…Canopy Rivers’ cannabis joint venture PharmHouse gets creditor protection
Wed 12:27pm By Solomon IsraelPharmHouse, a Canadian cannabis joint venture partly owned by venture-capital firm Canopy Rivers, received an initial court order granting creditor protection while the company explores restructuring. The creditor protection order comes after Canopy Rivers’…New wave of multistate marijuana operators hope they have the ‘secret sauce’ to succeed
Wed 12:00pm By Jeff SmithA second round of multistate marijuana operators are rapidly expanding their geographic footprints, taking advantage of acquisition and licensing opportunities as well as their ability to raise financing. The companies appear to be trying to follow in the…New Jersey adding more medical cannabis dispensaries
Wed 9:00am By John SchroyerNew Jersey, currently home to only 11 medical marijuana dispensaries, will be getting its 12th on Thursday – in advance of even more opening in the coming months. Garden State Dispensary is set to open its third location, in Eatontown, NJ.com reported. The…Four tips to navigate cannabis mergers and acquisitions in a distressed market
Wed 6:30am By Bart SchanemanIn the midst of an extended economic downturn, cannabis companies have few options for raising capital.…Maine licenses first recreational marijuana manufacturing facility
Tue 6:37pm By Bart SchanemanMaine regulators licensed the state’s first recreational marijuana manufacturing facility along with two adult-use cannabis stores to begin sales when the market launches Oct. 9. According to the Portland Press Herald, Sea Smoke Extracts in Auburn will…Two Canadian cannabis retail chains report sales growth, net losses
Tue 3:21pm By Solomon IsraelTwo of Canada’s biggest cannabis retail chains have posted increasing quarterly revenues as the nation’s adult-use marijuana market continues to grow. Toronto-based Meta Growth Corp. reported recreational revenue of roughly 13.7 million Canadian dollars…Multistate cannabis operator Holistic Industries raises $35 million
Tue 3:17pm By Jeff SmithHolistic Industries, a Maryland-based multistate cannabis operator, said it raised $35 million in debt financing to fund cultivation and processing build-outs as well as new licensing and distressed asset opportunities. The funding round was led by…Ontario cannabis firm Hexo announces fourth chief financial officer in two years
Tue 12:16pm By Matt LamersThe chief financial officer carousel is turning once again at cannabis producer Hexo Corp. The Ontario, Canada-headquartered company said Trent MacDonald will take over as the company’s next CFO. That is expected to happen “in the coming months” after…Washington state marijuana vaping lawsuit dismissed
Tue 12:14pm By Bart SchanemanA state judge dismissed a lawsuit against Everett, Washington-based marijuana vaporizer company Canna Brand Solutions for allegedly causing a vaping-related lung illness. Pierce County Superior Court Judge Michael Schwartz wrote in his ruling that the claims…Czech medical cannabis sales show timid growth despite insurance coverage
Tue 10:56am By Alfredo PascualMedical cannabis sales in the Czech Republic remain largely insignificant despite health insurance coverage being in place since January 2020, new data shows. Since the beginning of the year, an average of only 5 kilograms (11 pounds) of flower has been sold…Canadian cannabis producer Zenabis gets fourth CEO in two years
Tue 9:59am By Matt LamersConsumer packaged goods veteran Shai Altman took the reins of Zenabis earlier this month as the cannabis producer’s fourth chief executive within the past two years. The struggling Vancouver, British Columbia-based company announced Altman’s appointment in…New Zealand cannabis market estimated at NZ$1.5 billion, 74,000 kilograms
Tue 9:00am By Matt LamersRoughly 74,000 kilograms (74 metric tons) of cannabis is consumed annually in New Zealand’s illicit market, with a retail value of up to 1.5 billion New Zealand dollars ($1 billion), according to newly released research by Wellington-based Business and…
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Americans for Safe Access
Canna Law Blog
Cannabis & Tech Today
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Cannabis News Network
Cannabis Now
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Celeb Stoner
Dope Magazine
Ganjactivist
Ganjapreneur
Green Market Report
Green Rush Daily
Heady NJ
Hemp Connoisseur Magazine
Hemp Industry Daily
Hempington Post
Herb.co
High Times
Leafly
Marijuana Business Daily
Marijuana Moment
MassRoots
Medical Jane
Merry Jane
MJ News Network
Mugglehead
New Cannabis Ventures
NORML
RxLeaf
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The Cannifornian
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The Green Fund
The Leaf Online
The Marijuana Times
Weedmaps
Westword
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