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Net loss for cannabis firm MJardin balloons in 2018
Denver-based MJardin Group reported revenue for 2018 of 27.5 million Canadian dollars ($20.4 million), up 38% over revenue in 2017. The marijuana company recorded a net loss for 2018 of…
News May 7
Texas House approves bill to add new qualifying conditions for medical marijuana
The Texas House moved a bill forward that would significantly expand the number of qualifying conditions that allow patients to use medical marijuana under the state’s limited MMJ program. If…
News May 7
Chart: Florida medical cannabis market surges ahead, with five companies dominating
Florida’s medical marijuana market is booming, with an average of nearly two dispensaries opening each week across the state.
News May 7
Epidiolex, Sativex maker GW Pharma reports Q1 revenue, loss improvement
United Kingdom-based GW Pharmaceuticals showed revenue of $39.2 million for the quarter ended March 31, 2019, compared with $3 million in the same period a year ago.
News May 6
Louisiana medical cannabis sales launch now expected in June – maybe
Louisiana’s first batch of medical marijuana won’t reach the shelves by the mid-May deadline demanded by pharmacists and patients, further delaying the program’s sales start. But June’s a possibility. Louisiana…
News May 6
US Court of Appeals backs bankruptcy filing by landlord of WA marijuana grow
The U.S. Court of Appeals for the Ninth Circuit rejected a request by the Department of Justice to dismiss a bankruptcy filing for a Washington state landlord who rented property…
News May 6
Illinois governor touts deal on adult-use cannabis legalization plan
Illinois Gov. J.B. Pritzker unveiled a recreational marijuana legalization plan that would create a variety of MJ business opportunities but would restrict the number of cultivation facilities and dispensaries one entity…
News May 6
Multistate marijuana firm Curaleaf to expand into Ohio with $20 million acquisition
Massachusetts-based Curaleaf, which last week agreed to acquire Cura Partners for almost $1 billion, will expand into Ohio with the purchase of Ohio Grown Therapies. The $20 million deal, expected…
News May 6
Marijuana Business This Week: MMJ sales in AR, MJBizDaily’s first Euro symposium, CBD and epilepsy & more
Here are some notable stories and events to watch for in the coming days.
News May 6
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