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Medical cannabis licensing and tracking contract faces challenge in Missouri
Florida-based BioTrackTHC filed a protest with Missouri marijuana regulators over a decision to award a medical cannabis licensing and seed-to-sale tracking contract to Metrc in the Show-Me State.
News April 22Aphria prices $300M of convertible notes to fund global marijuana expansion
Canadian cannabis firm Aphria plans to raise capital via convertible senior notes in a private placement offering to fund international expansion initiatives and future acquisitions. Aphria priced $300 million of…
News April 22Cannabis vaporizer company Pax Labs raises benchmark $420 million in funding
Pax Labs, a San Francisco-based maker of vaporizers, confirmed it raised $420 million in equity financing, a record for a U.S.-based marijuana company. The firm said the round included both new…
News April 22MJardin to add marijuana extraction in Nevada with acquisition
Denver-based MJardin Group agreed to buy Carson City Agency Solutions, which does business as Cannabella, an operator of a cannabis extraction facility and producer of edibles and topicals in Carson…
News April 22Merrill Lynch launches marijuana sector coverage, predicts more cross-border deals
Bank of America Merrill Lynch deepened its interest in the cannabis industry by initiating coverage of the burgeoning sector, less than a year after it financed Constellation’s multibillion-dollar investment in Canada’s Canopy Growth.…
News April 22Marijuana Business This Week: AG’s on the clock, bevy of legislation, medical MJ lottery, Harvest Health earnings & more
Here are some notable stories and events to watch for in the coming days: BARR DEADLINE: Wednesday is the deadline set by a group of senators for U.S. Attorney General William…
News April 22Ways for marijuana firms to protect their stocks from short sellers
Short sellers have been under attack for years, going as far back as the 1929 stock market crash or as recently as Tesla CEO Elon Musk's charge that short sellers as…
News April 20Cannabis business ties can lead to citizenship denial, immigration agency says
Immigration authorities on Friday said they could deny citizenship to anyone with any involvement with marijuana – regardless of whether it’s legal in the state where they live – because…
News April 19CA marijuana regulators, L.A. officials launch 4/20 push backing legal retailers
As part of a broader campaign by state officials to help bolster the legal cannabis market while clamping down on illicit businesses, the California Bureau of Cannabis Control (BCC) rolled…
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