MJBizDaily
Congress barely understands hemp THC. Lawmakers should learn and regulate – not ban
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Lack of boardroom diversity will cost Canadian cannabis companies
Cannabis companies in Canada with “monoculture and mono-gender” boardroom compositions could face a competitive disadvantage – and will ultimately take a hit to their bottom lines, industry experts say. Marijuana…
News April 3
Capital-hungry Aurora Cannabis looks to raise CA$1 billion
Aurora Cannabis laid the foundation to raise up to $750 million (1 billion Canadian dollars) to fuel potential future acquisitions, other capital expenditures and debt repayments. The Edmonton, Alberta-based company filed a…
News April 3
Despite ‘monopoly’ concerns, Rhode Island’s medical marijuana program on upswing
At first blush, Rhode Island's tiny medical marijuana market looks like a disaster for cannabis entrepreneurs: The state's MMJ program is dominated by three vertically integrated businesses, wholesale prices are…
News April 3
Evolve to launch ETF focused on US marijuana stocks
Evolve Funds Group, a Toronto-based fund manager with assets of 430 million Canadian dollars ($322.5 million), plans to launch an exchange-traded fund (ETF) focused on U.S. cannabis stocks. The U.S.…
News April 2
Multistate cannabis operator Vertical closes $58 million Series A funding round
Los Angeles-based Vertical Companies – a vertically integrated multistate cannabis firm – closed a $58 million Series A funding to build out the company’s footprint and bring its brands to…
News April 2
Colorado House panel advances marijuana home delivery bill
Colorado would allow home delivery of medical cannabis next year and recreational marijuana in 2021 under a bill approved by a state House committee on Tuesday. Home delivery could permit…
News April 2
Canadian bank throws cold water on marijuana revenue forecasts
The Bank of Montreal (BMO) is warning investors that revenues from adult-use cannabis in Canada could come in lower than expected over the coming quarters due to the slow build-out…
News April 2
iAnthus reports revenue growth, wider losses as cannabis operations expand
Multistate marijuana company iAnthus Capital reported revenue of $2.2 million for the fourth quarter ended Dec. 31, 2018, up 165% from the same period a year ago. For the full…
News April 2
Chart: Are Nevada cannabis sales beginning to plateau?
Nevada's marijuana sales advanced in 2018, but the state's once-sizzling growth rate is showing signs of cooling.
News April 2
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