New York state plans to require health warning signs in medical marijuana dispensaries that sell vaping devices after hundreds of cases of lung illnesses believed to be related to the practice. According to Gov. Andrew Cuomo, the state also will issue subpoenas to...
New York Gov. Andrew Cuomo and the state's health commissioner called for consumers to stop vaping in the wake of reports of deaths and sickness related to the practice. Many of those sickened said they'd been vaping THC, an active ingredient in cannabis....
Scandal-plagued CannTrust, an Ontario-based cannabis grower, laid off 180 employees, or 20% of its workforce.
Marijuana companies must take an active role in working with policymakers, says former Canadian Prime Minister Kim Campbell. Businesses can impact cannabis public policy by providing the knowledge needed to help policymakers dismiss old language and beliefs about...
Colorado-based Mary's Brands, the maker of a marijuana skin patch, was acquired for an undisclosed amount by BR Brands of Connecticut. BR Brands, based in Greenwich, Connecticut, owns and distributes a range of cannabis and hemp products. After the deal closed, Mary’s...
GreenAcreage Real Estate Corp., a real estate investment trust (REIT) that serves the cannabis industry, on Monday announced it raised roughly $141 million when it completed a private placement of about 7 million shares. GreenAcreage,...
Chicago-based Green Thumb Industries (GTI) announced Monday it completed its $59.6 million cash and stock acquisition of Fiorello Pharmaceuticals, one of 10 companies approved to operate a medical cannabis company in New York. Green Thumb purchased New York City-based...
California-based Terra Tech is selling its Blüm Reno dispensary, which was the subject of a lawsuit earlier this year, for $15 million. In February, Terra Tech agreed to pay $6.3 million to settle a lawsuit that alleged the company siphoned money from the Blüm...
Bruce Linton, the former co-CEO of Canopy Growth who was fired by the Canadian company last month, on Tuesday told CNBC's "Squawk Box" he has since acquired more shares in the cannabis giant. “It was a right time for them to make the change, and it was the right time...
A Fairbanks dispensary is moving closer to becoming the first in the city where on-site consumption of cannabis is permitted. The Fairbanks City Council voted unanimously on a measure that allows consumption at The Fairbanks Cut, once it gets...
Several companies in the cannabis industry are among the fastest-growing private businesses in the United States, according to the annual Inc. 5,000 rankings. The following are some of the marijuana companies on the list, which was released Wednesday by Inc....
For the fourth year in a row Marijuana Business Daily appears on Inc. magazine’s list of the 5,000 fastest-growing private companies in the United States.
