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Massachusetts cannabis regulators catch THC potency inflation in recent sting
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Tilray inks first deal to buy adult-use cannabis retailer in Canada for CA$110 million
Canadian cannabis producer Tilray is expanding into Alberta’s competitive recreational marijuana market with the planned acquisition of retailer Four20 for 110 million Canadian dollars ($82 million). It is Tilray’s first agreement to acquire…
News August 29
Weedmaps-linked marijuana manufacturing, distribution venture poised to proceed in West Sacramento, California
A company that’s aiming to become a licensed cannabis business hub in West Sacramento, California, with ties to the online marijuana advertising site Weedmaps is poised to proceed – if…
News August 29
Constellation expects $54 million loss from marijuana giant Canopy Growth
Alcohol giant Constellation Brands said it expects to report a $54.3 million loss in its quarter ending Saturday related to its stake in Canadian cannabis producer Canopy Growth. The six-month…
News August 28
Green Thumb reports increased cannabis revenue on net quarter loss
Green Thumb Industries (GTI), a vertically integrated, multistate marijuana company based in Chicago, on Wednesday reported revenue of $44.7 million for the second quarter, up 228% from the same period a…
News August 28
Multistate marijuana company Curaleaf posts higher revenues, losses
Curaleaf Holdings, a multistate cannabis operator, reported revenue of $48.5 million in the second quarter, more than triple the $14.6 million in revenue during the same period of 2018. The…
News August 28
Origin House cannabis revenues rise, but losses mount
Marijuana company Origin House posted revenue of 21.4 million Canadian dollars ($16 million) in the second quarter, a sixfold increase over the CA$3.5 million ($2.6 million) it reported for the…
News August 28
Washington state regulators consider revamping marijuana rules
Washington cannabis regulators are proposing a wide-ranging overhaul of the state’s industry rules, which, if approved, could have a big impact on the way MJ business is conducted there. Proposals…
News August 28
Florida medical cannabis licensing issue heads to state Supreme Court
A court case that could break up Florida’s vertically integrated medical marijuana structure and open up new licensing opportunities in the fast-growing market is headed toward the final step of…
News August 28
MJBizDaily awards deadline is Saturday for cannabis leaders
The deadline for submitting nominations for Marijuana Business Daily’s inaugural MJBizDaily Awards is Saturday. The awards, which will be held during MJBizCon Week (Dec. 7-13) in Las Vegas, will recognize the top…
News August 28
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