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Cresco Labs, Origin House near closing cannabis deal

Cresco Labs, the Chicago-based multistate marijuana operator, said its acquisition of Canada’s Origin House, a major MJ distributor in California, is significantly closer to completion following further compliance with antitrust…

News September 17
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Utah lawmakers vote to increase medical marijuana dispensaries to 14

Utah legislators unanimously passed legislation allowing 14 private medical cannabis dispensaries, substantially boosting the business opportunities for a program scheduled to launch as soon as March 2020. The measure, voted…

News September 17
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Reports: Former cannabis heavyweight Tikun Olam to sell Israeli assets for $42 million

Tikun Olam, once one of the world’s leading medical cannabis companies, is selling its domestic assets for $42 million – or about half of its asking price of $100 million…

News September 17
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Chart: Maryland’s 2019 medical cannabis sales on pace to double 2018 sales

Maryland’s hot medical marijuana market continues to sizzle - and 2019 sales are on pace to double those from 2018. Data released by the Maryland Medical Cannabis Commission show that…

News September 17
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California governor issues executive order on vaping, says it’s an e-cigarette and marijuana problem

In the wake of a nationwide epidemic of illnesses associated with vaping, California Gov. Gavin Newsom on Monday signed an executive order launching a new crackdown on the burgeoning industry, both…

News September 16
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New York move to ban flavored e-cigs spurs cannabis vape concerns

New York Gov. Andrew Cuomo is pushing to enact a statewide ban on the sale of flavored e-cigarettes amid growing health concerns connected to nicotine and marijuana vaping. New York…

News September 16
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Catalyst Calendar: Sept. 16, 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 September 16
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Cresco Labs acquires marijuana company Tryke for $282.5 million

Chicago-based Cresco Labs said it is buying Tryke, a vertically integrated private cannabis company active in Nevada and Arizona, for $282.5 million. Here are the basics around the announcement: The…

News September 16
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Massachusetts testing lab fined $225,000 for improper cannabis disposal

A cannabis testing facility in Massachusetts agreed to pay a $225,000 fine for improper disposal of marijuana products. The state Cannabis Control Commission approved the settlement with MCR Labs, MassLive.com…

News September 16
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