Canadian cannabis operator Canopy Growth Corp. has completed its acquisition of New York-headquartered Acreage Holdings through its American holding company.
Margaret Jackson
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Marijuana experts cite M&A and interstate expansion as areas for opportunity in 2025
MJBizDaily asked industry stakeholders who attended MJBizCon 2024 where they see the biggest opportunities for marijuana businesses in 2025.
Women entrepreneurs offer marijuana industry advice at MJBizCon
More women are taking the lead in the marijuana industry, challenging stereotypes and reshaping a space once dominated by men.
Marijuana company Cansortium secures $96.5M loan before RIV Capital merger
Marijuana company Cansortium secured a senior credit agreement for up to $96.5 million and paid off a $23 million loan to Green Thumb Industries.
Cannabis wholesale platform LeafLink buys Leaf Trade
Cannabis wholesale platform LeafLink has acquired Leaf Trade, a wholesale marketplace used by multistate operators and enterprise marijuana businesses.
Marijuana operator Gold Flora facing receivership amid financial challenges
California-based marijuana operator Gold Flora Corp. is facing receivership as it grapples with financial challenges.
Judge halts Minnesota’s adult-use marijuana licensing lottery
A judge on Monday halted the lottery to award adult-use marijuana licenses to prospective business owners after some applicants denied access filed a lawsuit claiming the process lacked clear criteria and didn’t allow for appeals.
Appeals court upholds Mississippi ban on medical marijuana advertising
A Mississippi appeals court ruled that medical cannabis businesses in the state don’t have the right to advertise on billboards or other places because marijuana is still illegal under federal law.
USDA assumes oversight of Michigan hemp farmers
Michigan hemp farmers are operating under the U.S. Department of Agriculture now that the state has shut down its industrial hemp program.
Marijuana software company Distru secures $6 million funding
Marijuana software company Distru raised $6 million in a Series A funding round led by Poseidon Investment Management.
Women make up 61% of cannabis home growers, survey shows
The image of clandestine cannabis cultivation is fading fast, with 66% of home growers feeling empowered to openly grow the plant, according to a recent survey.
Minnesota bars two-thirds of marijuana social equity applicants from lottery
About two-thirds of the 1,817 adult-use marijuana social equity license applicants in Minnesota were denied access to the state’s license lottery, which is expected to be held the week of Dec. 2.
