CBD wellness product company Real Brands struck a $12 million deal to acquire Boulder Botanical & Bioscience Laboratories, a manufacturer of white-label herbal supplements and CBD products, from Frankens Investment Fund.
Canadian cannabis company Canopy Growth Corp. has thrown in the towel on its bricks-and-mortar cannabis retail operations in Canada, selling off 28 corporate-owned stores under its Tweed and Tokyo Smoke retail brands, closing five more and ending franchising and licensing agreements.
The Mississippi government has collected millions of dollars in revenue from medical marijuana businesses, even though MMJ sales have not yet begun.
British American Tobacco (BAT) has taken a noncontrolling minority stake in German cannabis company Sanity Group for an undisclosed sum, the multinational tobacco giant announced Monday.
Experienced marijuana growers face plenty of challenges transitioning to the regulated market, but Canadian cannabis industrial park Sitka Weed Works pitches its business model as a way to help growers make the switch – and sell craft cannabis for a profit.
Cannabis consumers in Canada spent 377.5 million Canadian dollars ($290.8 million) on regulated adult-use products in June, growing 1% over May’s total to another monthly record.
Marijuana industry finance company XS Financial has taken out a $24 million line of credit.
Charlie Bowman, CEO of Canadian cannabis company Hexo Corp., discusses how he plans to get the Quebec-based company back on solid ground.
Multistate cannabis company Ascend Wellness Holdings called off its tumultuous acquisition of MedMen Enterprises’ New York operation, citing concerns over the state of the company’s assets.
Canadian cannabis retail chain High Tide secured a credit facility worth 19 million Canadian dollars ($14.7 million) from Alberta credit union ConnectFirst.
Lawmakers in the small South American nation of Guyana passed an industrial hemp law that decriminalizes hemp cultivation and paves the way for a licensed industry.
Ancillary cannabis company Greenlane Holdings plans to sell its marijuana packaging division after merging with KushCo in 2021.
