Briefs

Canadian medical marijuana grower Aphria lands CA$100M

Omar Sacirbey  | April 21, 2017

Aphria, one of Canada’s largest licensed medical marijuana producers, announced it has secured 100 million Canadian dollars ($74 million) in financing.

The financing will be used mostly to expand Aphria’s production capacity, which “is expected to supply more than 75,000 (kilograms) of high-quality cannabis at one of the lowest costs in the …

3 cannabis biz events named among top growing trade shows

Roger Fillion  | April 21, 2017

Three marijuana business events have been named among the 50 fastest-growing trade shows in the United States, reflecting the cannabis industry’s rapid expansion and future potential.

The Fall Marijuana Business Conference & Expo ranked second nationally for growth in attendance and net square feet of paid exhibit space from 2015 to 2016, according to Trade …

MJ Freeway wins $10M PA medical cannabis tracking deal

Omar Sacirbey  | April 20, 2017

Embattled MJ Freeway received a key vote of confidence Thursday after Pennsylvania awarded the Denver company a $10 million contract to provide a seed-to-sale tracking system to keep tabs on the state's new medical marijuana program.

The five-year contract is a shot in the arm for MJ Freeway, given that Pennsylvania's MMJ market is forecast to …