The new year kicked off with a major state legalization move forward as recreational marijuana sales in Illinois launched on Jan. 1, but even as that was happening, the staff of Marijuana Business Daily was already hard at work on the spring 2020 issues of Marijuana Business Magazine. In the meantime, check out the cover stories from […]
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Heavenly Rx expands footprint by acquiring American CBD maker
Heavenly Rx, a CBD maker based in Toronto, on Tuesday announced the acquisition of a privately held CBD manufacturer in the United States. The purchase of Paradise Valley-based PureKana expands Heavenly Rx’s reach into Arizona and continues a recent string of acquisitions by the Sol Global Investments subsidiary. Heavenly Rx most recently added to its portfolio in […]
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Week in Review: Aurora Cannabis execs depart, Curaleaf raises $275M in debt, IL readies for adult-use MJ sales & more
Aurora Cannabis loses two of its most important executives at a crucial time as the company continues to struggle, Curaleaf secures $275 million in debt from a group of lenders, Illinois recreational marijuana retailers get ready for large customer turnout and high demand for New Year’s Day launch – and more of the week’s top MJ business news. […]
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New European trade group hopes to help its members put CBD products in stores
A fledgling United Kingdom-based trade group, which represents about 25 companies from Europe and North America, is seeking to allow its members to sell CBD products even though they might be in violation of European Union regulations.
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Week in Review: USDA issues hemp rules, Mexican recreational cannabis vote delayed, spring rollout for Michigan’s rec market & more
The U.S. Department of Agriculture (USDA) unveils its hotly anticipated hemp regulations, Mexico’s bid to legalize recreational marijuana is delayed, sales of adult-use MJ in Michigan won’t begin until March or April at the earliest – and more of the week’s top cannabis business news. USDA rolls out hemp rules The USDA released 160 pages of […]
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USDA announces long-delayed hemp rules, calls for total THC testing
The U.S. Department of Agriculture (USDA) released a nationwide proposal for growing hemp and testing its THC content, a move that comes more than 10 months after the U.S. Congress legalized hemp and ordered the USDA to regulate it.
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Exclusive Webcast: Village Farms CEO talks branding, strategy for marijuana
Village Farms is counting on its 30-plus years of experience in megascale, low-cost product growing to give it a leg up as it shifts focus to the Canadian cannabis and U.S. hemp markets.
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Business can expect new markets, fresh opportunities - and more pitfalls.