Nick Thomas

ND medical cannabis market inches onward as state hands out first patient cards

North Dakota has begun issuing medical marijuana cards to patients and caregivers, which marks another step forward as the state has spent nearly two years setting up a regulated distribution system for the MMJ market. Voters in the state approved medical cannabis in November 2016. Here’s the basics surrounding the situation: North Dakota’s health department this […]

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Tilray, Authentic Brands Group enter revenue-sharing deal for cannabis products

Tilray, the British Columbia-based cannabis heavyweight, signed a revenue-sharing agreement with Authentic Brands Group (ABG) to market and distribute consumer cannabis products within the New York-based firm’s brand portfolio. Under the terms of the agreement, Tilray will pay $100 million to ABG and up to $250 million in cash and stock upon achieving unspecified milestones. […]

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Medicine Man agrees to acquire cannabis research firm MedPharm

Medicine Man Technologies, a Denver-based consulting, intellectual property (IP) licensing and products company for the cannabis industry, announced its intent to acquire MedPharm Holdings, an IP development and holding company focused on cannabis research and product development. Financial details of the deal were not disclosed. Medicine Man told Marijuana Business Daily that it would speak more […]

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Massachusetts medical marijuana provider raises $12.5 million to boost growth

Middlesex Integrative Medicine is joining forces with Full Moon Investments in a $12.5 million deal through which the private fund will take an equity stake in the Boston-based provider of medical cannabis. The transaction provides Middlesex access to more capital to build out its cultivation and laboratory facilities as well as three planned dispensaries. It […]

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