Nevada will open marijuana lounge application window Oct. 14
Nevada will start accepting applications next month for businesses seeking licenses to open marijuana consumption lounges statewide.
Canopy Growth quits Canadian cannabis retail business
Canadian cannabis company Canopy Growth Corp. has thrown in the towel on its bricks-and-mortar cannabis retail operations in Canada, selling off 28 corporate-owned stores under its Tweed and Tokyo Smoke retail brands, closing five more and ending franchising and licensing agreements.
Ontario Cannabis Store reviewing markup amid its soaring profits, private-sector losses
The Ontario Cannabis Store said Tuesday it is conducting “a holistic review” of its approach to pricing – including the markup it imposes on private marijuana business – after MJBizDaily estimated the government-owned wholesaler is the most profitable cannabis business in Canada.
Applicants advance in CT’s adult-use marijuana business licensing process
Connecticut regulators selected six applicants for retail permits and two for micro-cultivation permits from a general lottery to advance to the next phase of the state’s adult-use marijuana business licensing process.
British American Tobacco invests in German cannabis company Sanity
British American Tobacco (BAT) has taken a noncontrolling minority stake in German cannabis company Sanity Group for an undisclosed sum, the multinational tobacco giant announced Monday.
Canadian adult-use cannabis sales get summer bump with record July
Adult-use cannabis sales jumped sharply in July as Canadians stocked up for summer, new data from Statistics Canada suggests.
Arkansas recreational marijuana legalization will be on Nov. 8 ballot
Ballots for the Nov. 8 election in Arkansas must include recreational marijuana legalization, the state Supreme Court ordered.
