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US marijuana MSO Curaleaf plots $272 million hostile takeover of Aurora Cannabis
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California government report finds regulators are unable to fully oversee the state’s marijuana market
A new audit by California’s Department of Finance found regulators have a long way to go before they have a solid handle on the state’s cannabis industry. The report concluded…
News July 17Cannabis banking reform secures landmark US Senate panel hearing
A key U.S. Senate panel will meet next week to consider steps that could make it easier for marijuana companies to obtain banking services, a move that could pave the…
News July 16California county raids huge illegal marijuana grow
Yet another California county raided an enormous cannabis grow, seizing a whopping 9,000 unlicensed plants. This one – which took place in wine country’s famed Sonoma County – is part…
News July 16Cannabis firm Arcview gets $7.7 million funding, new ownership
Dallas-based marijuana investment firm Cresco Capital Partners and another private equity group are taking control of The Arcview Group, an MJ investment company in Oakland, California.
News July 16Aurora sole winner of Italian medical cannabis tender, but average price is low by most standards
Aurora Deutschland - the German subsidiary of Alberta-based Aurora Cannabis - won all three "lots" to supply Italy with a total of 400 kilograms (880 pounds) of medical marijuana over…
News July 16Early Cannabis Investors Poised to Reap Massive Rewards of Growing Institutional Interest
As support for federal U.S. cannabis reform continues to build, institutional investors are taking notice - and once they make the leap, investors already in the space are well positioned…
News July 16Chart: Most wholesale cultivators competing on marijuana quality
Many wholesale cannabis growers choose to compete on quality, even while market forces favor growers who can reliably supply low-cost cannabis. Nearly half of U.S. cultivators are attempting to make…
News July 16Cannabis firm Valens beats expectations with CA$8.8 million quarterly revenue
Valens GroWorks’ revenue shot up nearly threefold to 8.8 million Canadian dollars ($6.7 million) in the last fiscal quarter on strong demand for its white-label services ahead of Canada’s infused…
News July 16Canadian marijuana firm Organigram reports improved quarterly revenues, net loss
Organigram, a Canadian cannabis producer that trades on a major U.S. exchange, reported net revenues of 24.8 million Canadian dollars ($18.6 million) for the fiscal third quarter ended May 31,…
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