Michigan’s Jars expands marijuana footprint to CO through acquisition
Michigan-based marijuana brand and retailer Jars Cannabis entered the Colorado market by agreeing to acquire the Euflora chain.
Marijuana MSO Curaleaf completes purchase of Tryke for $181 million
Marijuana multistate operator Curaleaf Holdings said it closed on its previously announced acquisition of Arizona-based Tryke Cos., with the final price tag amounting to $181 million in cash and stock.
Marijuana M&A has cooled in 2022, but it’s ‘far from disastrous,’ insiders say
After 2021’s record-breaking year for mergers and acquisitions, many marijuana industry insiders predicted that 2022 would be an even more active year.
But so far, that’s not been the case.
Opinion: Lessons learned from 2021’s marijuana and hemp product recalls
The cannabis industry is not immune to the costly potential of a product recall, which is a necessary evil required for regulated markets to remain functional.
Marijuana companies lay off hundreds, retrench amid economic woes
While business around the world shuttered as COVID-19 spread, the marijuana industry was deemed “essential” in nearly 30 states and stood to gain from the pandemic.
But more than two years later, amid rising inflation and fears of a recession, North American cannabis companies are cutting hundreds of jobs, closing retail outlets and cultivation facilities or shuttering altogether.
Midyear state cannabis sales a mixed bag across the United States
U.S. cannabis sales through July were a mixed bag across the country, as consumers adjusted to historic inflation and shrinking disposable income, according to an analysis of state sales data by MJBizDaily.
DEA awards seventh cannabis cultivation license for research
Maridose has been licensed by the U.S Drug Enforcement Administration and Department of Justice for the bulk manufacture of cannabis to supply marijuana, MJ extracts (including isolated chemical constituents) and THC to researchers.
