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American public pension funds invest in cannabis through California-based REIT
More than a dozen public pension funds are investing in marijuana through a California real estate investment trust (REIT), a sign that institutional investors wielding billions of dollars in state…
News July 25
Ionic Brands buys Zoots cannabis edibles firm for $11 million
Ionic Brands paid $11 million for longtime marijuana edibles maker Natural Extractions, which does business as Zoots Premium Cannabis Infused Edibles. As part of the stock and cash deal involving two…
News July 25
Florida seeks court review of medical marijuana licensing
A court challenge by Florida’s Republican governor likely will further delay the state’s lucrative medical cannabis market from opening up to new businesses. Gov. Ron DeSantis’ administration asked for a…
News July 25
Oklahoma cannabis firm faces copyright lawsuit
A Canadian children’s entertainment company filed a lawsuit accusing a medical marijuana dispensary chain based in Tulsa, Oklahoma, of copyright infringement. Toronto-based Nelvana Enterprises’ suit, filed in federal court in…
News July 25
Introducing Mike Regan, MJBizDaily’s new equity research analyst
Rarely in my career have I been more excited by the investment possibilities of an entire sector that has not (legally) existed for decades to emerge, grow, mature and disrupt…
News July 25
German opposition party seeks government clarification about CBD in food
The German opposition Free Democratic Party (FDP) has submitted a parliamentary inquiry to the federal government regarding its stance on the legality of CBD food products, reflecting the group’s concern…
News July 25
Deal Watch: Cannabis capital raises driven by desire for access, information
It was the second-largest week so far this year in terms of amounts raised in the North American cannabis industry as more investors look for ways to access the burgeoning…
News July 25
California Marijuana Notebook: Life looking good for Santa Barbara cannabis operators
North of Los Angeles in Santa Barbara County, the “green rush” atmosphere is alive and well. Make no mistake: Local businesses are experiencing growing pains – as are cannabis companies…
News July 25
Juneau, Alaska, OKs on-premise marijuana edibles consumption
Alaska’s capital city approved an ordinance permitting customers to consume cannabis edibles inside licensed retail establishments. The ordinance, approved in a 6-2 vote by the Juneau Assembly, also allows marijuana…
News July 24
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