Recreational cannabis use is legal in 10 states, but sipping an alcoholic drink is still more acceptable in most social settings than lighting a joint. It’s a social phenomenon that cannabis-infused beverage makers are eager to capitalize on, including Kalvara. The...
A former executive at computer chip giant Intel, Kim Rael also has a deep background in technology startups.
The founder and managing director of Hypur Ventures decides to ‘go big’ with a $500 million fund focusing on long-term value Christopher Galvin founded Hypur Ventures just over five years ago. With a background in corporate finance and hedge funds, his initial target...
Pennsylvania’s pro-marijuana lieutenant governor tours counties to get citizen input on recreational legalization Pennsylvania Lt. Gov. John Fetterman has been traveling the state in recent months, holding “listening” sessions on the pros and cons of legalizing...
Canopy Growth, a leader in the Canadian marijuana industry, will enter the U.S. cannabis market by building a $150 million industrial park in Kirkwood, New York, for the manufacture of hemp products. Company officials said Monday that...
The marijuana retail and cultivation segment continues to lead the pack with regard to capital raises and acquisition activity.
Denver-based MJardin Group agreed to buy Carson City Agency Solutions, which does business as Cannabella, an operator of a cannabis extraction facility and producer of edibles and topicals in Carson City, Nevada. Terms of the deal were not...
Immigration authorities on Friday said they could deny citizenship to anyone with any involvement with marijuana - regardless of whether it's legal in the state where they live - because MJ is still illegal under federal law. The announcement comes weeks...
With its deal to acquire New York-based Acreage Holdings, Canadian marijuana giant Canopy Growth has "won the race" to enter the U.S. market, according to industry insiders. The move would be the first major Canada-U.S. cannabis deal – but the purchase won’t be...
Cannabis-focused private equity and venture funds have already announced plans to raise more than $1.2 billion this year – and they’re doing their best to attract investors.
Arizona-based Harvest Health & Recreation has dominated recent headlines, primarily a result of its active acquisition strategy to grow into new markets. Last month, Harvest announced a record-breaking purchase of Verano Holdings and, this...
In this issue, Harvest Health’s acquisition of Verano Holding’s represents an interesting exercise in how cannabis company’s are valuated – and sets the tone for more M&A activity to come. Also in this issue: how cannabis retailers compare to mainstream with regards to revenue per square foot, key investment concerns in the cannabis industry and Tilray’s bullish outlook for global expansion.
