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Legal dried cannabis in Canada struggles to compete with illicit market on price

Dried cannabis in Canada’s legal market is significantly more expensive than it is in the illicit market, according to new crowdsourced data collected by Statistics Canada. Market watchers say that…

News April 17
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California licensing snafu could cost cannabis growers thousands in lost revenue, possible shutdowns

California’s marijuana growers are at risk of losing thousands of dollars in revenue as scores of temporary business licenses expire each day before the state can replace them with annual…

News April 17
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Louisiana medical marijuana grower opens commercial facility

GB Sciences said it has opened its commercial cultivation center at Louisiana State University, which will enable the company to increase by fivefold its production capacity for the state’s medical…

News April 16
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Florida bank, medical cannabis business association sever ties

SunTrust Bank and the Medical Marijuana Business Association of Florida officially ended their banking relationship, weeks after the financial institution gave notice it would terminate the account the group opened in 2014.…

News April 16
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Brazilian cannabis import authorizations top 1,000 in the first quarter of 2019

Brazilian authorities continued to approve permits to import medical cannabis at an increasing rate through the first quarter of 2019. According to data provided to Marijuana Business Daily, Brazil’s National Sanitary Surveillance…

News April 16
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Slang to acquire Arbor Pacific, expanding marijuana operations in Pacific NW

Toronto-based Slang Worldwide (CSE: SLNG), a manufacturer of cannabis packaged goods, announced it will acquire Arbor Pacific, a Washington state-based marijuana brands group with manufacturing operations in Colorado, Oregon and…

News April 16
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Denver Council gives initial OK to ease rules for cannabis consumption sites

The Denver City Council gave preliminary approval to relax rules that require marijuana social consumption businesses to operate at least 1,000 feet from schools, child care facilities, drug and alcohol…

News April 16
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Lessons learned from Colorado’s 4/20 marijuana sales: Q&A with The Clinic’s Zach Engel

Colorado's cannabis retailers are preparing for what could be a record day of sales on Saturday, April 20, the unofficial marijuana holiday dubbed 4/20.

News April 16
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Chart of the Week: Colorado 4/20 sales spike higher than other recreational cannabis markets

Despite competing with newer adult-use marijuana markets in other states that also attract swarms of tourists, Colorado's established recreational cannabis business arena remains a steady retail sales leader on April…

News April 16
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