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Natura closes $91 million financing to build California marijuana campus
California-based Natura Life + Science announced the completion of a $91 million raise to build a marijuana campus in the Golden State. The 265,000-square-foot facility will eventually include a vertically…
News May 14Licensed medical cannabis delivery services launch in Michigan
Three dispensaries received licenses to deliver medical cannabis to homes in Michigan – a move that signals the beginning of a new business opportunity for marijuana entrepreneurs in the state.…
News May 14Marijuana company Columbia Care reports improved Q1 revenue, wider net loss
Columbia Care, a New-York based vertically integrated cannabis operator, reported revenue of $12.9 million for the first quarter ended March 31, 2019, up 45% from the same period last year…
News May 14Don’t expect a major rollout of infused cannabis products in Canada until 2020
Infused cannabis products won't be widely distributed in Canada until 2020, according to one of the leading experts in the field - but businesses shouldn't drag their feet on preparations.
News May 14Cannabis firm Harvest Health closes $100 million tranche of private placement
Multistate marijuana firm Harvest Health & Recreation (CSE: HARV) closed the initial tranche of its previously announced private placement for gross proceeds of $100 million. The Arizona-based company plans to…
News May 14How a little-known tax auditing firm became ‘kingmakers’ of California cannabis
On April 10, in a cozy private basement room at the upscale Firehouse Restaurant in Sacramento, California, about 60 state elected officials, policymakers and government staffers gathered at a reception…
News May 14Chart: Denver-area cannabis sales up 10%-27% in advance of ‘bomb cyclone’ storm
Denver-area marijuana retailers may owe regional meteorologists a debt of gratitude. Advance warning of the region’s “bomb cyclone” blizzard in March gave residents an opportunity to visit medical and adult-use…
News May 14Maryland lawmakers legalize cannabis edibles for medical market
Maryland has legalized the sale of edible medical marijuana products, which likely will provide a substantial revenue boost to MMJ businesses in the fast-growing market.
News May 13Missouri’s Triad Bank now offering services to cannabis businesses
Missouri’s medical marijuana industry has yet to launch, but that hasn’t stopped one local bank from stepping up to provide services. Triad Bank, based in St. Louis suburb Frontenac, is…
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