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California cannabis regulators’ fraud case against testing lab unravels
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Green Organic Dutchman reports wider quarterly losses as cannabis production ramps up
The Green Organic Dutchman, a Toronto-based cannabis cultivator, reported a net loss of 14.1 million Canadian dollars ($10.6 million) for the first quarter, almost double the same period in 2018.
News May 15
Decades of relationships give rise to HdL’s California cannabis stronghold
While supporters and critics can debate HdL Cos.’ influence as a positive or negative force on California’s cannabis industry, what’s indisputable is the firm's success in winning local marijuana government…
News May 15
New Jersey medical cannabis rules to allow separate business permits
New Jersey regulators issued medical marijuana rules aimed at increasing MMJ entrepreneurial opportunities, product supply and access in a market that has more than doubled in patients since Gov. Phil…
News May 14
Marijuana firm Tilray revenue up nearly 200% in Q1; net loss grows on spending
Tilray, a British Columbia, Canada-based cannabis cultivator and distributor, reported revenue of $23 million for the first quarter of 2019, up 195% from the same period last year. The company’s…
News May 14
Ohio dispensaries kick off sales of edible medical cannabis products
Ohio medical marijuana retail shops began selling cannabis-infused gummy products last week, but supply has been limited and at least one dispensary sold out within days of receiving its shipment.…
News May 14
Arkansas medical marijuana sales top $93,000 in first three days
The first two medical cannabis dispensaries in Arkansas sold more than $93,000 in product in the program's first three days.
News May 14
Cannabis firm Indus acquires multistate concentrate, vaporizer brand for $20M
California marijuana supplier Indus Holdings expanded its operations to Nevada and Oregon by signing an agreement to acquire the assets of W The Brand, a manufacturer and distributor of marijuana…
News May 14
CannTrust’s Q1 revenue doubles on medical marijuana sales; net income up
Ontario, Canada-based CannTrust Holdings reported that first-quarter revenue more than doubled from a year earlier, mostly on the back of rising medical marijuana sales, while the company's net income inched…
News May 14
Acreage to sell cannabis real estate assets to newly formed REIT
New York-based marijuana company Acreage Holdings said it agreed to sell cannabis-related real estate to a newly formed real estate investment trust (REIT), GreenAcreage Real Estate Corp., under a leaseback…
News May 14
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