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Canadian marijuana market to hit CA$11 billion, pivot from combustibles, study shows
Canada’s direct cannabis market will double to 11 billion Canadian dollars ($8.2 billion) in the next six years, and flower market share will halve as consumption shifts toward noncombustible methods,…
News March 28
Weekly Deal Watch: Private cannabis companies target RTOs for public stock listings
Merger and acquisition activity in the cannabis industry through the first three weeks of March is far outpacing that of the same period last year.
News March 28
L.A. mayor considers crackdown on unlicensed marijuana shops
Los Angeles is contemplating a major clampdown on illegal cannabis shops that have bedeviled the licensed industry’s bottom line. Mayor Eric Garcetti said Wednesday he is considering adding “tens of…
News March 27
Iowa legislators may lift 3% THC potency cap for medical cannabis
Iowa lawmakers have advanced a bill that, if successful, would lift the 3% THC potency cap for medical marijuana products. The potency cap has resulted in confusion for both the…
News March 27
Another California marijuana testing lab accused of falsifying results
Another California cannabis testing lab has been accused by a former employee of misrepresenting marijuana potency numbers. The allegation emerged because of a legal dispute between Oregon-based Green Leaf Lab,…
News March 27
Guam’s Senate approves legal foundation for adult-use cannabis industry
The Western Pacific island of Guam is set to become the second American territory to create a recreational marijuana industry, pending only the approval of Gov. Lou Leon Guerrero.
News March 27
Most marijuana canopy space ‘underutilized’ in Washington state, report says
Washington state’s recreational cannabis cultivators are using less than half their allotted licensed canopy, according to a report conducted by the state’s Liquor and Cannabis Board (LCB), which could open…
News March 27
Canopy Growth partners with more celebrities to sell marijuana
Ontario-based Canopy Growth is partnering with a Toronto cannabis company created by celebrities Seth Rogen and Evan Goldberg to sell branded flower, softgels and pre-rolled marijuana formats in the coming…
News March 27
Cannabis firm sues MD to block grower licenses meant for minority businesses
Curio Wellness, a vertically integrated medical marijuana company in Baltimore County, Maryland, filed a lawsuit against state regulators to stop them from awarding four new cultivation licenses that are intended…
News March 27
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