Marijuana Stocks & Publicly Traded Cannabis Companies

Week in Review: Canopy’s Linton out, NJ ups medical cannabis licenses, 280E MJ tax case a no-go with Supreme Court & more

Canopy Growth’s board sacks CEO Bruce Linton, New Jersey boosts number of medical marijuana business licenses, the U.S. Supreme Court declines to hear a 280E marijuana tax case – plus other important news from around the industry. Linton out as Canopy faces pressure from Constellation Bruce Linton, CEO and chairman of Canada’s Canopy Growth, the […]

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Linton’s firing by Canopy follows string of losses, may raise concerns about cannabis sector-mainstream partnerships

Former Canopy Growth co-CEO Bruce Linton may have had suspicions about his future when a special board meeting of the Canadian cannabis giant was convened last Friday. Even though Linton was also Canopy’s chair, he didn’t call the meeting. By Wednesday, Linton was filling up his car with gas at Costco and contemplating his future […]

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Cannabis company Surterra closes $100 million funding, adds executives

Surterra Wellness, an Atlanta-based medical cannabis company, closed a $100 million share offering whose net proceeds will be used to fund acquisitions and capital expenditure. The company also said it is taking on two new directors to help with corporate strategy: Ed Brown, former president and CEO of The Patron Spirits Co. Brown was a participant […]

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Marijuana Business This Week: Vermont hemp hearings, Michigan cannabis warning labels, Medicine Man update & more

Here are some notable stories and events to watch for in the coming days: VERMONT HEMP HEARINGS: The Vermont Agency of Agriculture, Food and Markets (AAFM) will hold its first public hearings to discuss the rulemaking process for the state’s hemp program. The hearings are scheduled for Thursday in Brandon and Friday in Newport. According to […]

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Week in Review: House votes to protect legal MJ, Acreage/Canopy shareholders decide, NY adult-use cannabis roadblock & more

The U.S. House of Representatives approves a bipartisan amendment that would shield state-legal cannabis programs from interference by the U.S. Department of Justice, Acreage and Canopy shareholders OK the planned acquisition, New York’s adult-use cannabis legislation hits a wall – plus other important news from around the industry. US House OKs provision protecting state-legal cannabis industries […]

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Cannabis company Vireo Health expands into Puerto Rico

Vireo Health, a Minneapolis-based multistate marijuana operator, said it is expanding into Puerto Rico, the company’s 11th state or territory of cannabis operations. Vireo will have the opportunity in Puerto Rico to run a cultivation and processing facility plus up to six dispensaries on the island. Christian Gonzalez, a native of the territory who has […]

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Surterra partners with Intrexon in $100 million licensing cannabinoid deal

Surterra Wellness, an Atlanta-based cannabis company with operations in Florida and Texas, announced it will partner with Hungary’s Intrexon Corp. in a $100 million licensing deal aimed at biosynthetic cannabinoid production. Surterra would use Intrexon’s proprietary yeast fermentation platform to boost its cannabinoid production. Surterra is a privately held company; Intrexon trades on the Nasdaq […]

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Cannabis firm High Times going to court over Culture Magazine acquisition

High Times Holding Corp., the cannabis media group currently trying to raise funds for a potential stock exchange listing, is being sued by Southland Publishing over the sale of the latter’s Culture Magazine. Southland agreed for High Times to purchase the magazine a year ago but claims it has not received up to $4 million […]

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