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US marijuana MSO Curaleaf plots $272 million hostile takeover of Aurora Cannabis
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Week in Review: House votes to protect legal MJ, Acreage/Canopy shareholders decide, NY adult-use cannabis roadblock & more
The U.S. House of Representatives approves a bipartisan amendment that would shield state-legal cannabis programs from interference by the U.S. Department of Justice, Acreage and Canopy shareholders OK the planned…
News June 21
Canopy Growth reports increased marijuana revenue, mounting losses
Ontario, Canada-based marijuana firm Canopy Growth reported net revenue of 94.1 million Canadian dollars ($71.5 million) for the fiscal fourth quarter ended March 31, up from CA$22.8 million in the…
News June 20
In ‘historic vote,’ US House protects state-legal cannabis programs
In a landmark move Thursday, the U.S. House of Representatives soundly approved by a 267-165 vote a bipartisan amendment that would protect state-legal cannabis programs from interference by the U.S.…
News June 20
Nevada official testifies that marijuana licensing process ‘fair’
Nevada’s top cannabis regulator defended in court the state’s handling of a recreational marijuana retail licensing round that occurred last year. While not perfect, “the application process was a fair…
News June 20
Cannabis company Vireo Health expands into Puerto Rico
Vireo Health, a Minneapolis-based multistate marijuana operator, said it is expanding into Puerto Rico, the company’s 11th state or territory of cannabis operations. Vireo will have the opportunity in Puerto…
News June 20
Only five applicants for 123 social equity marijuana permits in Massachusetts
Despite a well-intentioned social equity program in Massachusetts that aims to provide a pathway into the cannabis industry for victims of the war on drugs, few have jumped at the…
News June 20
US Congress urged to open SBA programs to cannabis firms
Marijuana industry advocates urged the U.S. Congress to extend the federal government’s small business financial assistance programs to marijuana-related companies. Shanita Penny, president of the Minority Cannabis Business Association, said…
News June 20
MJBizCon is fastest-growing trade show again, mirroring marijuana market’s growth
For the fourth year in a row, MJBizCon ranked as the fastest-growing trade show in the United States, echoing the rapid growth of the MJ industry both in this country…
News June 20
Weekly Deal Watch: Infused products and extracts sector a major focus for cannabis capital raises
Investments into the Infused Products and Extracts sector have nearly tripled in 2019, making it one of the fastest growing areas for raising cannabis capital.
News June 20
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