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Cresco to enter FL medical marijuana market via $120M VidaCann purchase

Cresco Labs, a Chicago-based vertically integrated cannabis company, agreed to acquire Florida medical marijuana provider VidaCann in a $120 million cash and stock deal. The deal gives Cresco a presence…

News March 18
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Chart: Ohio medical marijuana sales start strong, but not all patients are buying

Ohio's medical cannabis sales are off to a healthy start, garnering $1.85 million in under two months, but high prices and limited access to dispensaries have restricted patient participation.

News March 18
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Metrics that Matter: How should cannabis and hemp companies be valued?

With the mainstreaming of cannabis and hemp, private equity groups, family offices, private investors and publicly held companies have all taken note of this high-growth industry. But, as with any…

News March 15
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Nearly 60 people to participate in Michigan adult-use cannabis work groups

Michigan regulators announced Friday they’ve selected 57 individuals, including longtime activist Rick Thompson, to participate in work groups that will provide input for the rules that will govern the state’s new…

News March 15
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Tricks of the trade: Cresco’s CEO on creating a major multistate marijuana business

The success of Cresco Labs in the U.S. marijuana market can partly be attributed to its leadership's experience in navigating complex industry regulations.

News March 15
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Prospects to pass on, Ohio opportunities + how to value cannabis companies

In this issue, we examine which sectors have lost their luster - and where investors may want to look instead. Also in this issue: tips for valuing marijuana and hemp…

News March 15
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New Jersey medical cannabis patient count surges 150% since January 2018

New Jersey’s medical marijuana program has seen a 150% increase in the number of patients participating since Gov. Phil Murphy took office early last year, a development that has no…

News March 15
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Oklahoma governor signs medical marijuana rules into law

Oklahoma Gov. Kevin Stitt signed into law regulations governing the state’s rapidly growing medical cannabis industry – rules that aren’t expected to curb the market’s growth. The Republican on Thursday…

News March 15
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Medical cannabis sales climb in Canada after adult-use legalization

Sales of medical marijuana oil in Canada rose steadily in the months after recreational legalization, bucking a trend seen in some American states that also ended prohibition in recent years.

News March 15
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