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Massachusetts cannabis regulators catch THC potency inflation in recent sting
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Even without reform, banks increasingly serving marijuana industry
The cannabis industry experienced a 62% year-over-year jump in banking options in the federal government’s most recent quarter. The number of banks and credit unions actively serving the marijuana industry…
News October 8
New Mexico requires cannabis vape products to include health warning
New Mexico regulators are requiring marijuana vape products to be labeled with a warning in the wake of the nationwide vaping health crisis. The health department isn’t banning any products…
News October 8
Cannabis comp tables as of Oct. 7, 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 8
Citing ‘consistent failure,’ Aleafia nixes cannabis supply deal with Aphria
Toronto marijuana company Aleafia Health intends to cancel a supply agreement with Aphria, citing a “consistent failure” to meet its obligations to provide cannabis. The industry has grappled with supply…
News October 8
MedMen terminates PharmaCann acquisition, CFO amid rising financial risk for company
This morning MedMen Enterprises (CSE: MMEN) announced they are ending their agreement to acquire PharmaCann, terminating their CFO Michael Kramer and pushing out their EBITDA break-even to end of calendar…
News October 8
MedMen and PharmaCann terminate $682 million cannabis merger; MedMen CFO ousted
MedMen, a Los Angeles-based multistate marijuana operator, announced that its blockbuster acquisition of PharmaCann has been scuttled and that the company will focus on beefing up its retail operations in…
News October 8
Chart: Wholesale market share of marijuana oil cartridges only slightly down since vape crisis
The rash of headlines linking deadly respiratory illnesses to vaping has had little impact on the popularity of such products.
News October 8
Criminal charges dropped against Massachusetts marijuana grower
Criminal charges were dismissed against a Massachusetts marijuana license holder who allegedly conspired with another man to set up an illicit cannabis cultivation operation. A District Court judge dismissed a…
News October 7
Brazil postpones vote on key marijuana proposals, raising questions about their future
Voting on resolutions to regulate the cultivation and registration of cannabis-based medicines in Brazil has been postponed, the Agência Nacional de Vigilância Sanitária – or National Sanitary Surveillance Agency (ANVISA) – announced Monday. Voting…
News October 7
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