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New Jersey Assembly approves medical cannabis expansion
The New Jersey Assembly on Thursday voted 65-5, with six abstentions, to expand the state’s medical marijuana program, a measure that could significantly boost sales in what has become a…
News May 23
Marijuana firm MedMen closes initial $80 million in funding from Gotham Green
MedMen, a multistate cannabis company based in California, said it closed on an initial $80 million tranche of funding from New York private equity group Gotham Green Partners (GGP). The…
News May 23
TerrAscend reports quarterly net loss on cannabis revenues of CA$14.6 million
TerrAscend, a Toronto-based vertically integrated marijuana company, reported revenues of 14.6 million Canadian dollars ($10.95 million) for the quarter ended March 31, 2019, with a net loss of CA$11.2 million.
News May 23
Maine regulators urged to put small recreational marijuana businesses first
Maine cannabis enthusiasts used a public hearing on Thursday to implore regulators to protect the small businesses and growers they think should make up the backbone of the state's budding…
News May 23
Texas lawmakers OK new conditions for medical cannabis use
Texas lawmakers passed a bill that would increase the number of qualifying patient conditions for medical marijuana, a development that likely could boost dispensary sales in the state’s limited MMJ…
News May 23
What are the business implications of labor peace agreements for the cannabis industry?
Lawmakers and regulators across the United States increasingly are requiring marijuana firms to accept "labor peace agreements" that can lead to unionization.
News May 23
Marijuana executives offer strategies and insights on salaries and recruitment
Salaries and benefits are tools to recruit top talent that will facilitate your company’s success, as well as barometers of your company’s health and culture.
News May 23
Weekly Deal Watch: Cultivation and retail continues to dominate M&A cannabis activity
The cannabis cultivation and retail sector has become increasingly crowded and competitive, but successful operators can still make themselves attractive acquisition targets.
News May 23
Exclusive: How cannabis industry CEO salaries compare with mainstream counterparts
While CEOs in all industries are typically among a company’s top earners, salaries for cannabis CEOs trend higher than those in mainstream industries, including agriculture.
News May 23
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