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Marijuana firm 48North reports positive revenue, net losses
48North, a vertically integrated marijuana producer based in Ontario, reported revenue of 689,203 Canadian dollars ($516,902) for the fiscal third quarter ended Mar. 31, 2019.
News May 21
Smuggling case involving ex-execs at marijuana firm Vireo will proceed, court says
A Minnesota appellate court refused to dismiss interstate cannabis smuggling charges against two former Vireo Health executives, allowing the case to proceed to trial. Marijuana businesses have closely watched the situation because…
News May 21
Australis Capital to acquire Green Therapeutics brands, cannabis assets in NV for $8M
Australis Capital, the Las Vegas-based investment group that spun off of Canadian giant Aurora Cannabis, said it will acquire certain brands and cultivation assets of Nevada's Green Therapeutics for approximately…
News May 21
Chart: Comparing the price per milligram of THC in cannabis-infused products
Makers of marijuana-infused products can set competitive prices for their edibles, beverages, tinctures, topicals, capsules or sublinguals by looking at the average price per milligram of THC in those products…
News May 21
Staying competitive with cannabis compensation
Payroll is the biggest expense for most companies, and controlling it is paramount to any cost-conscious business. But paying competitive salaries is critical to attracting talented executives a company must…
News May 21
Comparing cannabis salaries to mainstream industries
Payroll is the biggest expense for most companies. But how does your company’s salary schedule compare to others in your state and the cannabis industry as a whole? According to…
News May 21
New Jersey medical marijuana expansion bill gains traction
New Jersey lawmakers advanced a bill out of two committees Monday that would expand the state’s medical cannabis program. The measure includes a provision to transfer the program’s oversight from…
News May 20
Germany confirms marijuana licenses for domestic cultivation after challenges fail
The German Federal Institute for Drugs and Medical Devices (BfArM) on Monday announced the final results of the domestic cultivation application process, confirming the preliminary results as reported by Marijuana Business Daily last…
News May 20
Northern Swan enlists major Democratic pols to boost Latin American cannabis push
Northern Swan, a New York-based marijuana investment group, installed two senior figures from the Democratic party to its advisory board to help navigate the company’s focus on Latin America. Bloomberg reported…
News May 20
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