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Colorado’s largest cannabis grower loses millions of dollars in early freeze; supply disruption expected

The largest marijuana grower in Colorado – Pueblo-based Los Sueños Farms – disclosed it lost millions of dollars during an early winter storm after half the company’s plants froze before…

News October 16
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Canadian cannabis firm Valens GroWorks reports profitable third quarter

British Columbia-based Valens GroWorks reported third-quarter net income of 5.9 million Canadian dollars ($4.4 million) on revenue of CA$16.5 million. The vertically integrated cannabis company’s revenue rose 87% over the…

News October 16
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Cannabis comp tables as of Oct. 15, 2019

This comp table provides a benchmark for private investors to evaluate existing and future investments as well as a menu for public investors to peruse.

News October 16
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France creates committee to draft rules for medical cannabis trial

The French Agency for the Safety of Medicines and Health Products (ANSM) created a scientific committee to write certain rules ahead of the launch of a two-year medical cannabis experiment. The areas of…

News October 16
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In mainstream partnership, Eaze delivers marijuana to California hotel

Room service just got a little tastier for guests at the Fairmont Miramar Hotel & Bungalows in Santa Monica, California. The hotel has teamed up with Eaze Hospitality and Recreational…

News October 16
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Former IRS attorney warns of upcoming ‘tsunami’ of marijuana-related 280E audits

A tax expert who spent six years as an IRS trial lawyer is sounding a new 280E alarm bell that many cannabis businesses might need to answer soon.

News October 16
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Canada Goose director Jodi Butts nominated for cannabis producer Aphria’s board

Jodi Butts, an independent board director for Canada Goose clothing company, has been nominated to join one of the country’s top cannabis producers, Leamington, Ontario-based Aphria.

News October 15
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Colorado proposes rules to ban additives in cannabis vape products

Colorado regulators are finalizing rules to ban certain ingredients from marijuana vaping products, following the lead of other states with legal cannabis programs in the wake of a health crisis…

News October 15
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Ontario marijuana company Aphria reports another profitable quarter

Canadian cannabis producer Aphria said it earned 16.4 million Canadian dollars ($12.1 million) in net income in its latest quarter, a 28% decrease from a CA$21.2 million net income the…

News October 15
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