Canopy USA, the American-based holding company of Canadian marijuana operator Canopy Growth Corp., has appointed M. Brooks Jorgensen as the fledgling entity’s first president.
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Marijuana MSO Vireo Growth raises $81M in oversubscribed funding round
Cannabis multistate operator Vireo Growth raised $6 million more than it hoped for in a private placement offering that closed Dec. 30.
Marijuana MSO iAnthus acquires vape brand Cheetah for $1.5 million
Marijuana multistate operator iAnthus Capital Holdings is buying Illinois vape brand Cheetah Enterprises in an all-stock deal valued at $1.5 million.
Keef Brands bubbles to top of competitive cannabis beverage sector
Colorado-based Keef Brands has more than 70 SKUs – including gummies, oils and vapes – but carbonated sodas account for about 80% of the company’s sales.
Marijuana MSO Standard Wellness secures $10 million loan
Marijuana multistate operator Standard Wellness Holdings has secured a $10 million credit facility.
Cannabis operators report Instagram page ‘shadow bans’ and closures
Despite growing acceptance of cannabis, many state-regulated marijuana businesses say their social media pages are being hidden or shut down.
Delaware awards 15 licenses for recreational marijuana retailers
Delaware issued 15 more recreational marijuana licenses for retailers via a lottery held by the state’s cannabis regulatory agency.
Massachusetts hires new cannabis chief; Arkansas’ MMJ regulator resigns
Massachusetts’ Cannabis Control Commission hires Travis Ahern as executive director, and Arkansas’ top MMJ regulator has resigned.
Nearly 70 Michigan marijuana businesses fined for regulatory violations
Sixty-seven licensed marijuana businesses in Michigan were fined for various regulatory violations in November.
Cannabis operators share tips for licensing brands
As more states adopt regulated marijuana programs, executives at licensed cannabis brands are seeking innovative ways to reach new markets.
Marijuana MSO Vireo Growth secures $75 million funding, acquires 4 companies
Marijuana multistate operator Vireo Growth has received $75 million in equity financing and acquired four single-state operators as well as a delivery and analytics platform.
Kentucky awards 12 more medical marijuana dispensary licenses
Kentucky awarded 12 more medical marijuana dispensary licenses through a second lottery, bringing to 48 the number of licensed MMJ sellers.
