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Downturn in California lab-tested marijuana batches adds to confusion over state’s supply chain
The number of marijuana product batches undergoing laboratory testing in California has dipped in recent months, sparking worries among some industry officials over the health of the state's cannabis market…
News July 10
New Zealand unveils proposed medical cannabis regulations, aims for 2020 launch
New Zealand released highly anticipated proposed medical cannabis regulations Wednesday, representing a “huge milestone” for the country’s burgeoning industry as it looks to become a hub for innovation, cultivation and production, industry sources…
News July 9
German sales of insurance-covered medical cannabis continue upward trend
Sales of insurance-covered medical cannabis continued to increase during the first quarter of 2019 in Germany, the largest market outside North America. In the first three months of the year,…
News July 9
CannTrust shipped unlicensed medical cannabis overseas
Beleaguered cannabis grower CannTrust shipped some unlicensed medical cannabis overseas, the Ontario company told Marijuana Business Daily, adding an international dimension to the Canadian company's regulatory woes.
News July 9
MJBizDaily opens nominations for inaugural Cannabis Industry Awards
Marijuana Business Daily is launching its inaugural MJBizDaily Awards to be held during MJBizCon Week (Dec. 7-13) in Las Vegas and has opened the nomination process to recognize the top businesses,…
News July 9
Marijuana company KushCo reports higher revenues, wider losses
KushCo Holdings, a California-based provider of ancillary products and services for the cannabis industry, on Tuesday reported revenues of $41.5 million for its fiscal third quarter, a 221.5% jump from…
News July 9
Surterra taps new CFO from Kellogg, continuing cannabis hiring trend
Surterra Wellness, a fast-growing marijuana company based in Atlanta, on Tuesday announced it hired a highly paid executive from the Kellogg Co. as chief financial officer. Fareed Khan, the latest…
News July 9
Green Growth acquires multistate marijuana firm Moxie in $310 million deal
Green Growth Brands, a cannabis company based in Ohio, agreed to pay $310 million in stock for multistate operator Moxie.
News July 9
Why the quality of earnings is critical in cannabis M&A
Since most businesses are purchased as a multiple of earnings (expressed as earnings before interest, taxes, depreciation and amortization, or EBITDA), the seller has substantial motivation to get those earnings…
News July 9
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