Industry observers have predicted more moves by Big Alcohol into the Canadian marijuana market. And that business forecast continues to prove on point with the groundbreaking announcement that North America’s largest wine and spirits distribution company signed an agreement to become the exclusive product distributor for one of Canada’s largest licensed cannabis producers. Under the agreement, […]Read More
Ohio medical marijuana dispensary applicants will have to wait until June, at the earliest, to find out if they will be licensed, even though applications have been scored.Read More
A major investment company is putting 1 million Canadian dollars ($780,000) on the table for aspiring cannabis entrepreneurs in Canada. Canopy Rivers Corp.’s program is open to entrepreneurs looking to access Health Canada’s proposed new licenses for micro-cultivation, nurseries, industrial hemp, processing, analytical testing, retailers and other emerging segments. “This is a way to help […]Read More
A longtime medical cannabis dispensary in New Jersey has struck a partnership with Acreage Holdings, the multistate marijuana business that last month brought former House Speaker John Boehner onto its advisory board. According to NJ.com, Compassionate Care Foundation in south New Jersey is teaming up with Acreage to construct a 100,000-square-foot grow operation. Acreage Holdings […]Read More
Pennsylvania approves eight universities to conduct medical marijuana research, a company spurned for a Louisiana license sues the state, and Ohio awards an additional MMJ permit.
Here’s a closer look at some notable developments in the cannabis industry over the past week.Read More
A business that lost out on a medical marijuana dispensary license in New Orleans sued the Louisiana Board of Pharmacy, charging that the agency was “arbitrary and capricious” in awarding the metro area permit to the fourth-ranked applicant. In a lawsuit filed this week, RX Greenhouse of Metairie said it not only had been ranked […]Read More
New Jersey is expecting to at least double its medical cannabis patient registration, from about 20,000 to 40,000 or even 50,000, the state’s health commissioner said Tuesday.Read More
Green Thumb Industries, a Chicago-based cannabis grower and dispensary operator, released its plans to go public in Canada’s booming marijuana market. The multistate company has signed a letter of intent to complete a reverse takeover of Vancouver, British Columbia-based Bayswater Uranium Corp., which has interests in properties across Canada and in Wyoming. The deal charts […]Read More
Consolidation continued in the cannabis industry Tuesday, with four major marijuana businesses from the United States and Canada merging to launch a multinational company with combined revenue forecast to total more than $200 million next year.
Operating under the name TILT Holdings, the new companies will include the combined operations of Baker Technologies, Sea Hunter, Briteside and Santa Veritas Therapeutics, according to a news release.Read More
Pennsylvania on Monday unveiled eight universities that will be allowed to research medical marijuana, a potential boon for an industry where cannabis study is extremely limited.Read More
Canopy Growth, a licensed producer in Newfoundland, has received permission to sell marijuana to consumers at its cultivation facility, a process known as farm gate. It’s an industry-first in Canada that executives hope will catch on nationwide.
Canopy Growth announced this week that consumers will be able to buy cannabis products at a Tweed store on its production site.
So far no other province has indicated it will allow farm gate sales.Read More
The Land of Seed and Honey is throwing its doors wide open to the marijuana industry.
Saskatchewan’s model is being hailed as the best in Canada in terms of creating opportunities for entrepreneurs in areas ranging from cultivation and retail to cannabis-related tourism and security.Read More
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