Oregon Medical Cannabis Business & Marijuana Legal News

Experts suggest recent marijuana industry layoffs are part of a reality check; more job cuts expected

Anyone paying attention to cannabis business headlines has noticed what on its face seems a disturbing trend: At least half a dozen large companies recently announced layoffs, perhaps suggesting there’s financial trouble surrounding the marijuana industry. But those headlines don’t reveal the full story, several industry watchers told Marijuana Business Daily. Rather, recent layoffs are a […]

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Michigan marijuana firm raises a total of $25 million

C3 Industries, a cannabis producer and retailer based in Ann Arbor, Michigan, raised $16.5 million in private financing, allowing it to expand into existing markets and enter a new one. C3, which has raised more than $25 million this year, including the last financing round, said Monday it plans to expand operations in Massachusetts, Michigan […]

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Curaleaf amends Cura Partners marijuana deal; antitrust hurdle cleared

Curaleaf, a Massachusetts-based, multistate cannabis operator, is amending the terms of its pending acquisition of Cura Partners because of changing market conditions. Curaleaf, which initially announced the proposed deal in May for an estimated price of almost $1 billion, will now issue 55 million of its shares instead of the original 95.6 million shares in the […]

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Cannabis farmers in Western states report large crop yields, only minor challenges

Cannabis growers in California, Oregon and Washington state say they are enjoying a robust outdoor harvest, with strong crop yields, high-quality flower and market prices well above last year’s depressed levels. Growers in the Western United States have been reporting higher overall prices, so this turnaround in the market coupled with higher yields likely will make […]

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Chart: How medical cannabis programs fare in states with recreational markets

The legalization of recreational cannabis can put a big dent in a state’s pre-existing medical marijuana market. Patient counts in Colorado, Massachusetts, Nevada and Oregon – the only states with both an active recreational marijuana industry and a pre-existing MMJ patient database – have all suffered in the months and years since the launch of […]

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Bloom Farms, Cura Partners settle marijuana lawsuit

California-based cannabis company Bloom Farms settled a defamation lawsuit filed by Oregon’s Cura Partners for an undisclosed sum. Neither company would disclose details of the settlement of the case filed in January in Alameda County Superior Court in California, according to multiple news reports. Cura claimed in the suit that Bloom, an industry rival, had […]

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Defying early expectations, wholesale cannabis flower market remains unaffected as vaping health crisis continues

The outbreak of the vaping health crisis fanned speculation that marijuana consumers would forego vape products and shift to other merchandise such as flower and pre-rolls. But wholesale cannabis flower producers aren’t reporting a dramatic impact on pricing in the wake of the vaping crisis. And marijuana retailers are reporting a mixed bag regarding the impact […]

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Week in Review: Vape crisis continues, federal cannabis bill moves, Utah licenses & more

State regulators from across the country react to the vaping crisis, a federal marijuana banking bill sees movement, Utah ups its medical cannabis licensing opportunities – and more of the week’s top marijuana business news. States’ responses to vaping crisis State regulators nationwide have begun responding in earnest to the vaping illness epidemic, which now stands […]

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