Canada's widely anticipated recreational marijuana market could become a more than $22.6 billion industry once it's legalized, according to a new report by Deloitte. The accounting and consulting firm's report, scheduled for release soon, concludes that adult-use...
GW Pharmaceuticals, the British developer of a CBD-based anti-seizure medicine that could be on American shelves in 2018, has contracted Britain’s leading sugar supplier to grow its medical cannabis.
Delaware health department officials have awarded the state’s third and final medical marijuana business license to the First State Compassion Center. First State, which opened Delaware’s first dispensary in Wilmington in June 2015, now has control of two of the...
Canada’s largest pharmacy chain, Shoppers Drug Mart, has formally applied to the federal government to be a distributor of medical marijuana.
Scott Banister, a Silicon Valley entrepreneur who has been an angel investor in Facebook, PayPal, Zappos, Uber and SpaceX, has donated $200,000 to the recreational marijuana legalization effort in Arizona. While a student at the University of Illinois, Banister...
Eaze, the company behind a popular app for medical marijuana deliveries, announced Monday that it has raised $13 million in a Series B financing round. The round was led by Fresh VC, a 2-year-old venture capital firm whose co-founder, Brian Sheng, previously worked...
Weedmaps, the popular dispensary and recreational marijuana store review site, is sponsoring one of the biggest e-sports tournaments of the year, Smash Summit 3. The event -Â in which competitors will play the Nintendo game Super Smash Bros. Melee - is expected to...
An Australian developer of marijuana-based medicines that debuted on the Australian Securities Exchange Thursday saw its stock soar 38% above its offering price before settling in to close 30% above its listing price. The Sydney Morning Herald valued Creso Pharma at...
A cannabis-focused real estate investment trust has filed to list its shares on the New York Stock Exchange. If approved, it would be the first marijuana-related company to list on the Big Board. Innovative Industrial Properties, headquartered in San Diego but...
The city council in San Jose, California, gave preliminary approval Tuesday to allow the city's 16 registered medical marijuana collectives to run two cultivation sites and make deliveries to patients or caregivers. The proposed rules, which require final approval...
Louisiana State University estimates it will need $11.3 million to build a state-approved medical marijuana cultivation complex and run it for about five years, when it expects to start turning a profit. The venture could open the door for entrepreneurs to own and...
Detroit is "making meaningful progress" in shuttering dozens of medical cannabis dispensaries that fail to comply with the city's zoning rules, a local official said. Melvin "Butch" Hollowell, Detroit's corporation counsel, said 171...
