State-legal cannabis vape products and the companies selling or distributing them may not be the principal cause of the recent outbreak of respiratory illnesses in the United States, but those firms are feeling the effects nonetheless.
Nick Thomas
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Tilt Holdings founders to forfeit stock options with cannabis firm
Tilt Holdings, a Massachusetts-based marijuana company, said it reached an agreement with six of its founders to forfeit their stock options.
There’s more to exiting a cannabis business than simply deciding whether to sell or go public
As the U.S. and Canadian marijuana markets continue to mature, consolidation is inescapable.
But cannabis entrepreneurs need to think more in terms of bigger buyers and smaller sellers, not winners and losers, in the race for market share.
Cresco Labs to sell marijuana facilities to REIT for $46.3M under leaseback deal
Chicago-based Cresco Labs will sell two cultivation and processing facilities in Illinois to Innovative Industrial Properties, a real estate investment trust company (REIT), for $46.3 million as the multistate operator prepares for a "significant increase in demand"...
Marijuana compliance firm Akerna reports increased revenue, higher losses
Denver-based Akerna, a cannabis technology compliance provider, on Monday reported revenue of approximately $11 million for its fiscal year. The revenue figure for its fiscal year ended June 30 was 4.2% higher during the same period in 2018....
Why marijuana firms are paying attention as higher education expands MJ course offerings across the US
Cannabis businesses are taking careful note as professional marijuana courses and programs spring up at universities and other educational institutions across the country. Examples include - to name a few - Northern Michigan University, the College of Southern Nevada,...
Cresco Capital backs $25 million funding of CPG marijuana firm
Los Angeles-based Future State Brands, a consumer brands cannabis holding company, received $25 million of funding led by Cresco Capital Partners.
Cresco Labs, Origin House near closing cannabis deal
Cresco Labs, the Chicago-based multistate marijuana operator, said its acquisition of Canada's Origin House, a major MJ distributor in California, is significantly closer to completion following further compliance with antitrust requirements. The two companies are now...
Cresco Labs acquires marijuana company Tryke for $282.5 million
Chicago-based Cresco Labs said it is buying Tryke, a vertically integrated private cannabis company active in Nevada and Arizona, for $282.5 million. Here are the basics around the announcement: The $282.5 million price tag is made up of $55...
Teva Israeli subsidiary signs cannabis distribution deal
A subsidiary of multinational pharmaceutical giant Teva Pharmaceuticals signed a deal with Israeli medical marijuana company Canndoc to distribute its products to pharma customers that include pharmacies and hospitals. While the deal is not...
Medicine Man Technologies buying Colorado marijuana firm for $31 million
Denver-based Medicine Man Technologies continues its recent acquisition tear, announcing on Wednesday it is paying $31 million in stock and cash for Strawberry Fields, a cannabis operator based in Colorado Springs, Colorado.
TruTrace Technologies, Deloitte ink cannabis tracking deal
Toronto-based TruTrace Technologies, which registers and tracks intellectual property in the marijuana industry, has formed an alliance with consulting giant Deloitte to ensure product safety and efficiency. TruTrace will use its StrainSecure...
