Cannabis industry special purpose acquisition company (SPAC) Greenrose Acquisition Corp. said it will delist its shares from the Nasdaq Capital Market and relist them on the OTCQX Best Market. The move comes nearly three months after New York-based Greenrose announced...
Three more illnesses were approved for treatment with medical marijuana in Ohio, potentially expanding the scope of the state’s MMJ market.
British Columbia is encouraging the public to buy government-regulated cannabis instead of illicit products after finding contaminants in samples of marijuana seized from illicit dispensaries. The provincial government announcement highlights the challenges of...
Licensed retailers in Maine sold nearly $5.4 million of adult-use cannabis in May, marking the state's best-ever month for recreational sales, and Arkansas' total sales of regulated medical marijuana have exceeded $330 million since legal MMJ sales launched there in...
Cannabis producers and retailers alike have a stake in improving their product selection, and acting on customer feedback can be a powerful tool for boosting loyalty. New technologies offer new ways to get that feedback, rewarding marijuana businesses with rich...
Northern Lights Acquisition Corp., a special purpose acquisition company (SPAC) with an eye on the cannabis industry, is trying to raise $100 million for acquisitions or other business combinations by going public, according to a registration statement and preliminary prospectus filed with the U.S. Securities and Exchange Commission.
New Mexico cannabis producer and retailer Ultra Health is spending more than $20 million to expand in anticipation of the state’s upcoming adult-use market.
Registration for MJBizCon 2021 is now open, as the world’s largest cannabis business event prepares to welcome marijuana and hemp professionals back to Las Vegas in October for in-person networking and dozens of sessions geared toward cultivators, manufacturers, retailers, investors and others.
Canadian marijuana producer Canopy Growth Corp. reported a net loss of 617 million Canadian dollars ($513 million) for its fourth quarter, alongside an annual net loss of nearly CA$1.7 billion for its 2021 fiscal year, despite growing revenue. Canopy's annual net loss...
High Tide, a major Canadian retail marijuana chain with assets in U.S. cannabis accessories and CBD e-commerce markets, received approval to list its shares on the Nasdaq Capital Market, the company said Friday. Calgary, Alberta-based High Tide revealed in December it...
Ontario is projected to reach 1,000 licensed marijuana retailers by the end of this summer, marking a key growth milestone in Canada's largest provincial cannabis market. That rapid market expansion, however, could lead to a thinning of the herd, with a number of...
Power REIT announced an $18.5 million purchase agreement to acquire a Michigan property that the real estate investment trust describes as the state's "largest greenhouse cannabis cultivation and processing facility." The unidentified property is approximately 66...
