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Report: Supply issues lead to declining sales in Uruguay’s recreational cannabis market
Years after legalization, supply issues continue to hinder the growth of the adult-use marijuana market in Uruguay, according to a new report by the Institute for the Regulation and Control…
News August 9
Key New Jersey lawmaker: Legislature may try again to legalize adult-use cannabis
New Jersey lawmakers may take one last stab at legalizing recreational marijuana. “I’m not going to give up trying,” state Senate President Stephen Sweeney told NJ.com. “We’ll make one more…
News August 8
Cresco receives regulatory approval for New York marijuana license deal
Chicago-based Cresco Labs, one of the country’s largest multistate cannabis operators, received regulatory approval to acquire one of only 10 vertically integrated licenses in New York. The license, which will…
News August 8
How to avoid fantasy valuations in cannabis
Visions dance in the heads of key players of entire aisles in grocery stores and pharmacies dominated by marijuana and hemp products. Behind that, of course, there are visions of…
News August 8
Cronos boosts quarterly marijuana revenue, reports operational loss
Toronto-based Canadian cannabis company Cronos Group on Thursday reported second-quarter revenue of 10.24 million Canadian dollars ($7.7 million), triple the CA$3.4 million the firm declared in the same period last…
News August 8
Craft cannabis, capitalism & for-profit co-ops: Q&A with Flow Kana CEO Michael Steinmetz
In a time when giant multistate marijuana companies dominate the U.S. cannabis landscape, legitimate concerns exist that they will drive craft and small cultivators out of the legal cannabis industry.
News August 8
Fantasy Valuations: How to manage a seller’s expectations
We often hear from acquirers and company owners alike in cannabis sectors that the times we are living in now are like "the first years after Prohibition in 1933." The…
News August 8
Deal Watch: Public cannabis companies snapping up private ones in M&A deals
Public cannabis companies took aim at private entities, closing eight acquisitions this week.
News August 8
Utah high court dismisses medical cannabis lawsuit, but another still alive
A lawsuit aimed at overturning a move by Utah lawmakers to replace a more liberal medical marijuana system with a more restrictive one came to an end in the state Supreme…
News August 7
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