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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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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
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
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