Massachusetts-based Curaleaf, a vertically integrated cannabis company, is seeking a valuation of up to $4 billion. According to Bloomberg, the company entered into a reverse takeover when Canada's Lead Ventures combined with PalliaTech in August and changed its name...
MJardin becomes the latest U.S. cannabis company to go public in Canada through a reverse takeover, nearly 20% of marijuana products in California fail tests for potency and purity, and Alaskans’ preference for high-THC products could bankrupt some growers. Here’s a...
Massachusetts medical marijuana industry officials cautioned that a crackdown by state regulators on their use of pesticides, including natural compounds used by the organic food industry, could hamstring cultivators and curb MMJ supplies. The...
Seattle-based marijuana retailer Have a Heart closed a $25 million series A funding round, money the company plans to use to continue its expansion. According to a news release, the investment came from backers with experience in the cannabis...
One year after a hurricane devastated the island of Puerto Rico, medical cannabis businesses are reporting a remarkable turnaround from a storm that is believed to have left nearly 3,000 people dead.
Popular singer/songwriter Jimmy Buffett is joining a growing list of celebrities who dabble in the marijuana industry, teaming with an heir from the Wrigley chewing gum family. Buffett - known for his hit "Margaritaville" and his Parrothead...
Another notable U.S. marijuana company is completing a reverse takeover in Canada so it can go public north of the border. Denver-based MJardin - which operates cultivation, processing and retail facilities in North America and has an office in Toronto - plans to...
A cannabis-focused exchange-traded fund has reached 1 billion Canadian dollars ($760 million) in assets, partly stemming from recent major investments from key players in the nation’s cannabis space ahead of the country’s recreational legalization.
New recreational cannabis applicants in Oregon have to wait at least a year for a license, many Oklahoma doctors are told not to recommend medical marijuana, and New Jersey receives a flood of applications for MMJ licenses. Here’s a closer look at some notable...
A federal lawsuit filed by a southern Oregon county with a large number of cannabis growers looks likely to fail after a magistrate judge recommended the case be tossed out. Josephine County's lawsuit argues that the state's cannabis industry is preempted by the...
Louisiana's top banking regulator has joined colleagues in other marijuana-legal states asking the U.S. Congress to clear the way for banks to do business with the marijuana industry. John Ducrest, commissioner of Louisiana's Office of Financial Institutions, was one...
It's no secret that Oregon is growing far more marijuana than the market can absorb, so some cultivators are turning to MJ's cousin: hemp. As Oregon cannabis prices continue to sink to new lows amid a product glut, outdoor growers are applying what they know about...
