Retail prices for Canadian recreational cannabis products fell across the board in 2021, as retailers and producers sold them for less to entice price-sensitive consumers and capture market share.
Solomon Israel
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Marijuana MSO Curaleaf completes $211 million Bloom acquisition in Arizona
Marijuana multistate operator Curaleaf Holdings finished up its previously announced acquisition of vertically integrated Arizona cannabis company Bloom Dispensaries.
1933 Industries to acquire CBD drink maker Day One in all-stock deal
Nevada marijuana company 1933 Industries announced an all-stock deal to acquire the entirety of California-based CBD drink producer Day One Beverages.
New York cannabis retail opportunities take shape after opt-out deadline passes
Although roughly half of New York’s municipal governments opted out of permitting recreational cannabis stores before a Dec. 31 deadline, those opt-outs aren’t set in stone.
Cannabis recruitment platform Vangst raises $19 million
Vangst, a recruitment firm focused on the cannabis industry, raised $19 million in a Series B financing round.
Marijuana website Leafly, SPAC partner raise $30M; merger vote delayed
Online marijuana platform Leafly Holdings said it secured $30 million in new funding in relation to its pending merger with special purpose acquisition company (SPAC) Merida Capital Holdings.
Arkansas registers $264.9 million worth of medical cannabis sales in 2021
Medical cannabis dispensaries in Arkansas sold a total of $264.9 million worth of MMJ in 2021, according to data released by the state’s Department of Finance and Administration (DFA).
Ascend turns up heat on MedMen over axed New York cannabis acquisition deal
Ascend Wellness Holdings says MedMen Enterprises’ attempt to terminate a New York acquisition deal is “essentially challenging (New York) regulators’ authority and ignoring the regulations of the state’s medical program.”
Cannabis MSO MariMed to acquire Kind Therapeutics of Maryland for $20 million
Cannabis company MariMed announced a $20 million deal to acquire Kind Therapeutics, a vertically integrated medical marijuana business in Maryland.
Marijuana industry lender AFC Gamma common stock offering seeks to raise $61.5M
Marijuana industry real estate financier AFC Gamma launched an underwritten public offering of 3 million shares of common stock.
Ascend calls out MedMen for nixing marijuana acquisition deal
MedMen Enterprises “materially breached” the terms of a deal in which Ascend Wellness Holdings would acquire most of MedMen’s New York marijuana operations, Ascend says.
MJBizDaily’s most-read cannabis business stories of 2021
With an ongoing pandemic, a new president and Congress and five new state cannabis markets worth a collective $5 billion, 2021 has been a year like no other for the cannabis industry.
Here’s a look back at MJBizDaily’s 10 most-read cannabis business stories of 2021.
