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Cannabis 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 16
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Canadian 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,…

News July 15
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New Hampshire governor rejects medical cannabis expansion bill

New Hampshire Gov. Chris Sununu vetoed legislation that could have spurred medical marijuana sales by eliminating a health-care provider requirement. The bill would have eliminated the requirement that a patient…

News July 15
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Utah delays awarding medicinal marijuana cultivation licenses

Prospective medical marijuana growers in Utah face a longer-than-expected wait because a state agency postponed the decision to award licenses. State regulators announced they delayed until the end of July…

News July 15
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Marijuana Business This Week: Utah selects growers, CBD comment period ends, NJ to post MMJ apps & more

Here are some notable stories and events in the cannabis industry to watch for in the coming days.

News July 15
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British Columbia slow to call for infused cannabis products as launch date nears

With fewer than 100 days to go before the launch of Canada’s hotly anticipated infused cannabis market, British Columbia’s government-run wholesaler has yet to issue a call for any new…

News July 14
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Cannabis plants don’t have to fall prey to mold, powdery mildew

Microbials such as powdery mildew and mold can be devastating for a cannabis grow and lead to decimated plants, lost time and money and even total eradication of the crop.

News July 13
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Jushi closes $63M Pennsylvania deal for medical cannabis dispensary space

Jushi Holdings, a Florida-based marijuana company, closed an agreement to acquire Pennsylvania-based Franklin Bioscience in a $63 million deal.

News July 12
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Alaska regulators quash first application for on-site marijuana consumption

Alaska regulators rejected a cannabis retailer’s application to permit customers to consume marijuana on the store’s premises, delivering a setback to the industry’s first attempt to win approval for on-site…

News July 12
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