by Matt Lamers | Feb 8, 2024 | News
Aurora Cannabis has acquired the remaining 90% equity interest of MedReleaf Australia it didn’t already own, giving the Canadian marijuana producer a bigger foothold in one of the world’s biggest federally regulated medical markets. Aurora paid 50 million...
by Solomon Israel | Feb 8, 2024 | News
Democratic lawmakers in Tennessee have once again filed a bill that would put marijuana legalization referendum questions on the 2024 ballot, although the results of any ballot vote would be nonbinding. ADVERTISEMENT According to political news outlet The Tennessee...
by Matt Lamers | Feb 8, 2024 | News
MediPharm Labs’ facility in Barrie, Ontario, received Good Manufacturing Practice (GMP) certification from Brazil’s National Sanitary Surveillance Agency for the production of finished cannabis goods. The agency, also known as ANVISA, is the governing body of...
by Chris Casacchia | Feb 8, 2024 | News
(This story has been updated with comment from Off the Charts CEO Norman Yousif.) A monthslong MJBizDaily investigation into the business practices of marijuana multistate operator MedMen Enterprises reveals a widespread pattern of not paying invoices, abruptly...
by Kate Robertson | Feb 7, 2024 | News
Massachusetts cannabis sales broke records in 2023 for the sixth year in a row, and December was the best month ever. Retailers sold more than $1.56 billion in 2023, an increase of $78 million compared to 2022, Boston.com reported, citing Cannabis Control Commission...
by Chris Roberts | Feb 7, 2024 | News
Pennsylvania’s governor has formally called on lawmakers to follow other states’ leads and finally legalize adult-use marijuana. In his annual budget speech, Gov. Josh Shapiro, a Democrat, on Tuesday unveiled a $48.3 billion spending plan that banks on revenue...
by Chris Casacchia | Feb 7, 2024 | News
A Texas liquor store chain has added a hemp-infused seltzer containing THC to its shelves throughout the state. Spec’s Wine & Spirits is now carrying Hi Seltzer’s delta-8 beverages in more than 200 of their stores in 100-plus municipalities across Texas,...
by Kate Robertson | Feb 7, 2024 | News
Minnesota’s Office of Cannabis Management say the only way adult-use marijuana sales will launch on time is if state lawmakers approve some amendments to the current regulations. Those tweaks include allowing temporary licenses, particularly for social equity...
by Matt Lamers | Feb 7, 2024 | News
German medical cannabis company Avextra closed a funding round totaling more than 20 million euros ($21.5 million). The Bensheim, Germany-based business said in a Wednesday news release that the funding round was comprised of equity instruments and convertible loan...
by Omar Sacirbey | Feb 7, 2024 | News
(This story is part of the cover package in the January-February issue of MJBizMagazine.) When Alex Bitz joined Colorado-based Native Roots in 2015, employees at the vertically integrated company were using Google and Excel spreadsheets to input data about things such...
by Chris Roberts | Feb 6, 2024 | News
Florida would become the third state in the U.S. to impose a marketwide potency cap on adult-use cannabis if a proposal advanced Tuesday by the Senate becomes law. Though Florida is currently home to the country’s biggest medical marijuana market, an adult-use...
by Matt Lamers | Feb 6, 2024 | News
Curaleaf International has acquired Polish medical cannabis operator Can4Med, giving the London-based company a foothold in one of Europe’s most promising medical marijuana markets. The financial terms of the deal were not disclosed. ADVERTISEMENT Can4Med, based in...