Marijuana Cultivation News

Vertically integrated cannabis firm Ascend Wellness raises $55 million for expansion

Boston-based Ascend Wellness Holdings (AWH), a multistate vertically integrated marijuana operator, secured $55 million in funding to aid expansion plans in its home state of Massachusetts and other markets. The additional money will allow the company to grow its footprint into Ohio, where Ascend has an agreement to purchase a cultivation license and is in “advanced […]

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Judge sentences thief who caused $150K in damages at Alaska marijuana business

A burglar who nearly put a cannabis cultivation facility in Anchorage, Alaska, out of business received a maximum two-year sentence and five years of probation, underscoring the need for strict security at plant-touching companies. Total damage to the business exceeded $150,000. The man was found to have stolen or damaged $144,00 in marijuana. After a […]

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Ascent Industries wholesaler Sweet Cannabis may lose Nevada license

Sweet Cannabis, the Las Vegas wholesaler for Vancouver, British Columbia-based Ascent Industries Corp., may face closure after allegedly violating its license in Clark County, Nevada. The threat adds to multiple problems the company is facing after the Canadian production license of subsidiary Agrima was suspended. Agrima’s license to deal in medical marijuana also was suspended, […]

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Canadian marijuana grower Village Farms approved for Nasdaq listing

Village Farms International, a Canadian greenhouse grower with a 50% stake in British Columbia-based cannabis firm Pure Sunfarms Corp., has graduated to the Nasdaq exchange. The company says it will leave the over-the-counter markets – where it trades as VFFIF – and list on the Nasdaq Capital Market as VFF. A date for the listing […]

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First medical cannabis crop in Louisiana passes lab tests

The initial crop of legal medical marijuana in Louisiana has made it through the first round of laboratory testing, clearing an important checkpoint to legal sales. The cannabis grown by GB Sciences passed each laboratory inspection conducted by the Department of Agriculture and Forestry, Baton Rouge TV station WAFB reported. The medical marijuana was tested for potency, […]

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California governor to send National Guard to combat illegal marijuana grows

California Gov. Gavin Newsom announced during his state of the state address on Tuesday that the National Guard has been tasked with eliminating unlicensed cannabis farms, a move welcomed by the state’s legal marijuana growers. “We applaud (Newsom) for allocating resources to eliminate very destructive and dangerous trespass grows,” Terra Carver, executive director of the Humboldt […]

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MJBizDaily launches annual cannabis industry survey to collect key business data

Marijuana Business Daily has launched its seventh annual survey of cannabis industry executives and investors, an undertaking that’s intended to help the Colorado-based company provide key market, financial and operational data for businesses and entrepreneurs. Owners, founders and executives with dispensaries/retail stores, commercial cultivation operations, infused product manufacturers, vertically integrated businesses, testing labs and ancillary firms, […]

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Auxly, FSD Pharma end cannabis cultivation venture over contractual disputes

Auxly Cannabis Group, a vertically integrated marijuana company in Vancouver, British Columbia, said Thursday it is ending a joint venture with cultivator FV Pharma, a wholly owned subsidiary of Cobourg, Ontario-based FSD Pharma. The move, linked to contractual disagreements between the two companies and concerns over infrastructure, follows FSD’s claim a day earlier that it […]

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CA cannabis grower raided after deputies determine owner lied on license permit

Local sheriff’s deputies raided a sizable cannabis grow in Santa Barbara County, California, after the law enforcement agency concluded an owner lied on an application for a local cultivation license. According to a Santa Barbara County Sheriff’s Office news release, deputies targeted Power Farms in Carpinteria and seized more than 1,400 pounds of marijuana flower […]

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Leaked internal document sparks questions over CA cannabis growers group’s finances, management

A three-page document appearing to be an end-of-the-year 2018 status report from the California Growers Association (CGA) was posted Monday morning on popular Facebook page “California – City & County Regulation Watch.” At face value, the report was inflammatory and suggested the marijuana growers’ organization was possibly in dire straits. The document included allegations that former […]

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