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.
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.
Registered medical marijuana patients in Arkansas spent $22.7 million to buy 6,069 pounds of cannabis in March.
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.
With federal marijuana rescheduling possible in the near future, bankruptcy reform could be somewhere over the horizon.
Hawaii’s governor is proposing that the state open up access to medical cannabis after the failure of an adult-use legalization bill.
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, 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’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.
Beverage alcohol company Constellation Brands has converted its shares in Canadian cannabis company Canopy Growth Corp. into new exchangeable shares.
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 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.
