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Aurora offers nearly CA$550M for rival as CanniMed seeks Newstrike

Merger mania is sweeping through Canada’s medical marijuana industry. Aurora Cannabis offered to acquire rival producer CanniMed Therapeutics for 544 million Canadian dollars ($425 million) in stock, a deal that would be the largest acquisition to date in the North American marijuana industry. If completed, the merger would create a global marijuana leader and could spark […]

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Cannabis industry expected to turn out in record numbers for MJBizCon

An industry record-breaking crowd of 17,000 is expected to attend the three-day MJBizCon that kicked off Wednesday morning in Las Vegas. The conference, now in its sixth year, features 112 speakers and 678 exhibitors packed into over 300,000 square feet of floor space at the Las Vegas Convention Center.

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New U.S. recreational marijuana markets – one year later

(This is the first installment of a two-part series updating the status of marijuana markets one year after they were approved. Part I: Recreational. Part II: Medical.) The recreational marijuana industry had a big year in 2016, when voters in four states – California, Maine, Massachusetts and Nevada – approved sales of adult-use cannabis. But […]

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Hemp State Highlight: North Dakota growing lots of hemp, but market potential is limited

Few states are growing more hemp than North Dakota. With more than 3,000 acres in active hemp production and an unparalleled system for getting viable, certified seeds to interested growers, North Dakota could one day be the hemp leader it is for other agricultural commodities from corn to flaxseed.

But North Dakota has natural enemies that can limit hemp’s ability to thrive, as well as manmade enemies that limit the plant’s potential uses.

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Chart: Most effective forms of advertising for cannabis businesses

Many marijuana business owners identified word of mouth and social media as the most effective methods of marketing/advertising for their companies, according to data gathered for the Marijuana Business Factbook 2017. Small marketing budgets, restrictions on certain forms of advertising and resistance from mainstream media platforms to accept cannabis-related ads mean marijuana businesses must find […]

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Week in Review: Leafly layoffs, deceiving CBD labels & Detroit’s MMJ wins

By Bart Schaneman, Kristen Nichols and John Schroyer  Leafly lays off employees amid new leadership, a study says most CBD products are improperly labeled, and Detroit voters approve pro-medical marijuana laws. Here’s a closer look at some notable developments in the marijuana industry over the past week.

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No beginning in sight for Maine’s recreational marijuana program

Marijuana businesses hoping to serve Maine’s recreational cannabis market will probably have to wait until 2019 and possibly longer depending on how the state’s gubernatorial race shakes out next year. Standing in the way is Gov. Paul LePage, who has emerged as a one-man rec cannabis wrecking crew.

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Failed deal, red ink, dwindling sales put MassRoots on the ropes

At one point, MassRoots was flying high, raising millions of dollars from investors and attempting to become the first cannabis company listed on the Nasdaq. Over the course of 2017, however, the marijuana-centric social media network has nosedived and now finds itself in a precarious position.

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