MJBiz has been acquired by Emerald X, a wholly owned subsidiary of Emerald Holding, a New York-based business-to-business event and media company, for $120 million in cash plus potential earnouts.
Colorado and Washington state took the first stab at regulating cultivation, infused products, manufacturing and retail for medical and then adult use.
Finding the right packaging supplier for a marijuana or hemp business can be rife with pitfalls. Supply-chain issues, long lead times, bad culture fits – the list of potential problems is long.
The business story of the holiday season – record-breaking inflation caused by supply-chain pressure – has hit the cannabis industry especially hard.
Real estate investment trust Innovative Industrial Properties said it acquired a portfolio of 27 cannabis properties in Colorado, North Dakota and Pennsylvania for $72.7 million excluding transaction costs.
Colorado regulators are allowing four more pesticides to be used in cannabis cultivation.