Marijuana brand Cookies plans to acquire “all operational cannabis assets related to the production and sale of Cookies-branded cannabis products” in Florida from TRP Co. and affiliated companies.
Solomon Israel
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US, Canadian cannabis stocks rally after rescheduling report
Cannabis stocks surged Tuesday afternoon on the news that the U.S. Drug Enforcement Administration (DEA) intends to reclassify marijuana to Schedule 3 of the Controlled Substances Act.
Arkansas medical marijuana sales worth $22.7 million in March
Registered medical marijuana patients in Arkansas spent $22.7 million to buy 6,069 pounds of cannabis in March.
North Dakota recreational marijuana ballot attempt gets green light
A North Dakota group can move forward with an attempt to put recreational marijuana on the state ballot in November after the campaign received approval from the secretary of state.
Marijuana bankruptcy reform could be inching closer for US operators
With federal marijuana rescheduling possible in the near future, bankruptcy reform could be somewhere over the horizon.
Hawaii gov suggests easing medical cannabis access after adult use fails
Hawaii’s governor is proposing that the state open up access to medical cannabis after the failure of an adult-use legalization bill.
Canada recalls contaminated cannabis after government testing
Canada’s federal regulator has issued a recall for a batch of recreational cannabis sold in British Columbia, citing microbial contamination discovered by random government testing.
Manitoba expected to overturn ban on homegrown cannabis
Manitoba, one of two provinces to enact rules against growing adult-use marijuana at home when Canada legalized cannabis in 2018, plans to reverse the ban.
Utah medical marijuana patient count passes 83,000
Utah’s legal medical marijuana market now serves more than 83,000 patients, according to the latest monthly report from the state Department of Health & Human Services’ Center for Medical Cannabis.
Constellation Brands converts shares in cannabis operator Canopy, departs board
Beverage alcohol company Constellation Brands has converted its shares in Canadian cannabis company Canopy Growth Corp. into new exchangeable shares.
Coda Signature cannabis edibles to return to Colorado after acquisition
Colorado cannabis edibles brand Coda Signature will live on after the manufacturer’s assets were acquired by Canvas 1839 Group for an undisclosed sum.
Cannabis tech company Agrify to be acquired by Nature’s Miracle
Cannabis production technology company Agrify Corp. is being acquired by controlled environment agriculture tech firm Nature’s Miracle Holding in a deal that values Agrify’s equity at roughly $6.3 million.
