Canadians bought CA$1.3 billion of dried cannabis in first half of 2021
Dried cannabis still rules Canada’s regulated recreational market, but its dominance over other categories is waning, new data shows.
Actionable data for marijuana business owners
Dried cannabis still rules Canada’s regulated recreational market, but its dominance over other categories is waning, new data shows.
Marijuana multistate operator Parallel and special acquisition corporation Ceres Acquisition Corp. recently called off their $1.9 billion blockbuster merger.
Multistate operators have made a flurry of acquisitions in Florida totaling more than $500 million over the past year, aiming to make inroads into Trulieve Cannabis’ domination of a medical marijuana market where annual sales top $1 billion.
Trulieve’s (CSE: TRUL; OTCQX: TCNNF) acquisition of Harvest Health & Recreation (CSE: HARV; OTCQX: HRVSF) creates the largest U.S. multistate operator ranked by second-quarter sales.
The percentage of executive positions held by women and minorities in the U.S. cannabis industry fell between 2019 and 2021, according to a new report now available from MJBizDaily.
On Sept. 21, Skymint, one of Michigan’s leading vertically integrated cannabis companies, completed a three-part transaction that included an equity raise, a debt raise and an acquisition.