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Q4 revenue jumps 72% for cannabis group Vireo amid state expansion
Vireo Health International, the Minneapolis-based, vertically integrated marijuana firm, reported revenue of $5.6 million for the fourth quarter of 2018, up 72% from the same period the prior year. Net…
News April 30
Head of marijuana advocacy group Americans for Safe Access stepping down
Steph Sherer, who founded the medical marijuana advocacy organization Americans for Safe Access in 2002 and ran it ever since as executive director, is stepping down to pursue a new…
News April 30
Chart: New Jersey medical cannabis patients to triple by 2022, requiring at least 15 more cultivation sites
New Jersey's medical marijuana market will need at least 15 additional cannabis cultivation sites in the next three years - even under a conservative growth scenario, according to information provided…
News April 30
Oregon advances bill to halt issuing adult-use cannabis grow licenses for 2 years
The Oregon Senate moved forward with a plan to limit the state's supply of recreational marijuana, and the measure now goes to the House for a vote.
News April 29
Colorado lawmakers approve marijuana bill to attract outside investors
Colorado legislators passed a bill to open the state’s $1.5 billion-a-year cannabis industry to outside investors and capital such as publicly held companies and large venture funds. The measure, which comes…
News April 29
Iowa bill to expand state’s medical cannabis market headed to governor
The Iowa Senate voted 40-7 to advance a bill that would expand the state’s medical cannabis market by eliminating the 3% THC potency cap for products and allow nurse practitioners…
News April 29
Ontario’s legal adult-use cannabis sales hit new low
Hobbled by the bungled rollout of physical stores and inconsistent inventory at the monopoly online retailer, sales of legal adult-use cannabis in Ontario hit a fresh low in the month…
News April 29
Missouri to license 60 medical marijuana growers, 190-plus dispensaries
Missouri medical marijuana regulators announced they plan to issue 60 cultivation, 86 processing and 192 dispensary licenses in the state’s initial MMJ permitting round. Businesses can obtain applications online June…
News April 29
High Times parent to close share offering; cannabis publication still eyes Nasdaq
The parent of the iconic cannabis magazine High Times will close its share offering by June 30, executive chairman Adam Levin told Marijuana Business Daily.
News April 29
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