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How to get a cannabis business permit in Virginia – and what regulators still need to sort out
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Earnouts in cannabis M&A: Sharing the risk and reward
Earnouts are a common risk-allocation provision in cannabis and hemp mergers and acquisitions, used to bridge the business-value gap between a business owner and an acquirer.
News September 25
House Judiciary Chair reiterates commitment to marijuana banking reform
The chair of the House Judiciary panel said he is committed to working to advance a comprehensive marijuana bill including social and criminal justice provisions. Rep. Jerrold Nadler, a Democrat…
News September 25
Auxly Cannabis Group partner Sunens closes CA$84M credit facilities with Bank of Montreal
Sunens Farms, a federal cannabis applicant in Leamington, Ontario, closed a nonconvertible debt deal underwritten by the Bank of Montreal (BMO). The 84 million Canadian dollar ($63 million) deal consists of a…
News September 25
Marijuana industry reaction to California’s 2019 legislative session: Some wins, but many MJ business issues still outstanding
California’s 2019 legislative session drew to a close earlier this month, and it was a lackluster year for cannabis business priorities, industry watchers noted, with no victories on issues such…
News September 25
At long last: A full US House vote on a cannabis banking bill
The multibillion-dollar U.S. cannabis industry is poised to cross a historic threshold Wednesday with a scheduled U.S. House vote on a bill that would permit financial institutions to serve state-legal marijuana…
News September 25
First commercial medical cannabis export from Latin America sent to Australia
Uruguayan-based Fotmer Life Sciences announced Tuesday that the company has become the first to complete a "commercial export of medical cannabis from Latin America," sending a shipment to Australia.
News September 24
Massachusetts governor bans sale of all vaping products, becoming first state to target marijuana and tobacco vaporizers
Massachusetts has become the first state to ban the sale of cannabis and tobacco vaping products, dealing a financial blow to the state's marijuana retailers and vaporizer businesses and setting…
News September 24
Washington state man sues 6 cannabis firms, alleges products caused lung illness
A Washington state man is suing six cannabis vape companies for allegedly causing his lung illness, reportedly the first suit of its kind in the state. The suit filed by…
News September 24
Cannabis comp tables as of Sept. 23, 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 September 24
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