Canadian cannabis retail and accessory company High Tide is applying for a listing on the Nasdaq exchange in the United States, with plans to pursue mergers and acquisitions. Calgary, Alberta-based High Tide says it is Canada's largest...
Solomon Israel
Solomon Israel's Latest Posts
Maine medical marijuana sales hit $222 million through October
Medical marijuana sales in Maine reached $221.8 million from January through October, according to state sales tax data. That makes cannabis the state's biggest crop, according to the Portland Press Herald, and worth more than other leading...
South Dakota AG defends under-fire recreational marijuana measure
The attorney general of South Dakota is asking a judge to dismiss a lawsuit from two state law enforcement officers that challenges an adult-use marijuana legalization measure passed by voters. South Dakota voters passed measures legalizing...
Ayr borrows $75 million to fund marijuana acquisitions, finish facilities
Multistate marijuana operator Ayr Strategies announced a $75 million secured loan intended to fund acquisitions and complete facilities in Arizona, Ohio and Pennsylvania.
5 cannabis industry predictions for 2021 from MJBizDaily CEO Chris Walsh
The coming year will bring the cannabis industry new state legalization initiatives and a resurgence of investment but is unlikely to result in meaningful federal MJ policy reform, predicts Marijuana Business Daily CEO Chris Walsh.
Metrc sees new seed-to-sale tracking markets, welcomes cannabis industry’s ‘constructive criticism’
With five states voting in favor of new marijuana markets last month, Metrc sees fresh opportunities to extend its dominance in the seed-to-sale tracking business by winning new government contracts.
MJBizCon experts share perspective on surviving uncertain marijuana markets
This session and other MJBizCon 2020 content is available on demand. Three cannabis industry leaders revealed during the "Survival in Uncertain Markets and Preparing for New Markets" panel at MJBizCon 2020 on Wednesday how their firms are weathering the COVID-19...
Whole Foods CEO John Mackey at MJBizCon 2020 says strong, sustainable brands win
At a time when large multistate marijuana operators are ascending to new heights, Whole Foods Market co-founder and CEO John Mackey has a critical message for smaller cannabis entrepreneurs: Make the most of your business intuition to build strong, sustainable brands while you still can.
Marijuana MSO Jushi lists $76M in secured notes on Canadian exchange
Multistate marijuana operator Jushi Holdings listed $76,352,000 worth of secured debentures for trade on the Canadian Securities Exchange.
Arkansas reaches $187 million in medical cannabis sales
Arkansas' slow-starting medical marijuana market is growing, with more than 80% of the state's dispensaries now open and sales reaching a cumulative total of $187 million since the program launched in May 2019. That $187 million figure represents more than 28,674...
As consolidation hits Canadian cannabis retail, more mergers and acquisitions expected
Consolidation is picking up among Canada’s regulated cannabis retailers as recreational marijuana sales continue their upward monthly trend, with industry insiders predicting more store mergers and acquisitions.
Maine’s recreational marijuana sales reach $1.4 million in first month
Regulated recreational marijuana retailers in Maine sold $1.4 million worth of cannabis in the first month of adult-use legalization, which kicked off on Oct. 9. The preliminary, unaudited sales data from Maine's Office of Marijuana Policy (OMP) covers 31 days of...
