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Massachusetts cannabis regulators catch THC potency inflation in recent sting
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CannTrust reputation plummets in wake of cannabis cultivation scandal: Q&A with pollster Dave Scholz
The cultivation scandal that engulfed Ontario-based CannTrust, one of Canada’s top marijuana companies, dealt a serious blow to the company’s reputation, according to a survey by market research firm Leger,…
News August 30
Nevada judge gives OK for more retail cannabis stores to open
More than a dozen new dispensaries could open in Nevada’s booming retail marijuana market in the coming weeks after a judge gave the go-ahead Thursday to companies that underwent background…
News August 29
Judge: New Mexico must issue medical marijuana cards to nonresidents
A district judge in New Mexico made a final ruling ordering regulators to issue medical cannabis patient cards to qualifying out-of-state residents, but the governor’s office said it will appeal.…
News August 29
Vireo Health posts cannabis revenue rise, net loss for second quarter
Vireo Health, a Minneapolis-based multistate marijuana operator, on Thursday reported revenue of $7.2 million in the second quarter, up 70% from the same period a year ago. The net loss…
News August 29
Maine’s largest medical marijuana firm at heart of business dispute
Maine’s biggest medical cannabis operator is trying to end its relationship with a company behind its fast-growing edibles operation. Wellness Connection, based in Portland, Maine, contends CanWell of Rhode Island…
News August 29
Cannabis firm buys Denver-based Mary’s Brands
Colorado-based Mary’s Brands, the maker of a marijuana skin patch, was acquired for an undisclosed amount by BR Brands of Connecticut. BR Brands, based in Greenwich, Connecticut, owns and distributes…
News August 29
Tilt Holdings reports increased marijuana revenue, second-quarter loss
Tilt Holdings, a Massachusetts-based company specializing in cannabis technology, reported revenue of $39 million in the second quarter, a 13% increase from the first quarter of 2019. Net loss for…
News August 29
Cannabis path to profitability requires close look at operating models
For investors, it is critical to know the details of how a cannabis company in this hypergrowth industry plans to bridge the gap between its current money-losing reality and the…
News August 29
Due Diligence: Operating model leverage
For investors, it is critical to know the details of how a cannabis company in this hypergrowth industry plans to bridge the gap between its current money-losing reality and the…
News August 29
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