MJBizDaily

Latest Posts

, Home

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
, Home

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
, Home

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
, Home

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
, Home

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
, Home

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
Photo by Stefan Widua on Unsplash

German cannabis firm Demecan secures 7 million euros in financing

German medical cannabis company Demecan has secured 7 million euros ($7.6 million) in financing to expand production in Europe's largest medical market.

News October 7
, Home

Catalyst Calendar: Oct. 7, 2019

The cannabis industry changes so rapidly that investors must always be aware of new information. This catalyst calendar provides you with key events that may impact your investments and investment…

News October 7
, Home

Maine on track to launch recreational cannabis sales by spring 2020

Maine state officials said they are poised to begin accepting adult-use marijuana license applications before the end of the year and expect customers will have the ability to purchase products…

News October 7
MJBizCon Logo