By Omar Sacirbey A New York-based private equity firm has raised $93 million to pump into cannabis companies, giving it the largest pool of capital ever gathered for marijuana-related investments. Tuatara Capital, founded in 2014, announced today that it has closed...
By Omar Sacirbey Canada-based Canopy Growth recently made history when it began trading on the Toronto Stock Exchange, becoming the first marijuana cultivator to list on a major North American exchange. The move could spur more Canadian - and possibly even U.S. -...
Some Oregonians are using medical marijuana as currency to buy and sell items on sites like Craigslist.com, opening the door to barter transactions. The development is adding a new wrinkle to the state's cannabis market, with some growers reportedly using their crop...
Several Ohio municipalities are moving to block marijuana businesses from opening within their borders as the state moves forward with its medical cannabis program. A few cities have put six-month moratoriums on marijuana dispensaries, growers and processors, while...
Pennsylvania has tapped a health care veteran - John J. Collins - to head its new medical marijuana program, a possible sign the state wants to make its program more accessible to MMJ patients versus restrictive. The announcement of Collins' appointment was greeted...
Marijuana appears to be lifting Scotts Miracle-Gro's stocks to new highs. On Thursday, a day after the Ohio-based lawn care giant announced that it had shelled out $40 million to buy Botanicare, an Arizona-based provider of marijuana nutrient and hydroponics products,...
Illinois medical marijuana regulators today lifted an unusual prohibition on media outlets visiting the state’s cultivation facilities, a move growers hope will allow them to better educate patients and the public about their products.
Baker, a Denver-based customer-engagement software company for marijuana dispensaries and edibles brands, announced on Friday it has landed $1.6 million in seed funding. The funding round was led by Michael Lazerow, founder of Golf.com and Buddy Media, a social...
Scotts Miracle-Gro CEO Jim Hagedorn has made good on an earlier promise to invest big money in ancillary cannabis companies. Hagedorn announced in a conference call with investors that the lawn-care company signed a $40 million deal this week to acquire Botanicare, a...
The owners of a pioneering recreational and medical cannabis business, Denver Relief, announced the sale today of their cultivation and infused products facilities to CMH Brands, a Colorado company tapped by Willie’s Reserve to process its marijuana products. The sale...
Doctors, social workers and academics are criticizing a Vermont health department marijuana study completed earlier this year which helped persuade the state's House of Representatives to reject a recreational cannabis bill in May. Critics of the 84-page report...
By Omar Sacirbey Could Ohio wean the marijuana industry from its need to do business in cash? Ohio's new medical marijuana law proposes a "closed-loop" payment processing system. It would be similar to pre-paid debit or gift cards. Regulators must still decide whether...
