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New Mexico relaxes medical cannabis plant limits, so prices should ease

New Mexico regulators enacted an emergency rule that more than quintuples the medical marijuana plant count limit to 2,500 per grower, a development that should lower MMJ prices and increase…

News March 4
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Embattled Canadian marijuana firm Ascent receives creditor protection

Canadian cannabis company Ascent Industries has been granted creditor protection by the Supreme Court of British Columbia to address liquidity issues, caused “in large part” by the suspension of its…

News March 4
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CA, AZ cannabis retailers with same name headed to court over trademark

Two marijuana companies both named “Harvest” are heading to court over the rights to the title, and both are claiming trademark protections for their respective companies. The case is far…

News March 4
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Ontario marijuana company CannTrust seeks authorization to raise up to CA$700 million

Ontario-based cannabis producer CannTrust Holdings has laid the groundwork to raise up to $700 million Canadian dollars ($525 million) by filing a base level prospectus with Canadian securities agencies and…

News March 4
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Unlicensed Detroit medical marijuana delivery firms raise legal industry’s ire

Licensed medical cannabis businesses in the Detroit metro area say illicit delivery services are severely cutting into their bottom lines. One licensed Michigan firm has identified nearly four dozen such…

News March 4
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Investing insider: Tips for due diligence in cannabis investing

Cannabis is rife with scale-inhibiting regulations, founders with potential black marks on their record and a change rate that can leave portfolio companies in the dust.

News March 4
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Chart: Farmer, rancher perceptions of cannabis reflect nationwide acceptance

As cannabis becomes more mainstream, there's increasing acceptance of growing and using the plant - even among conventional farmers and ranchers.

News March 4
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Illicit cannabis sales in Canada decline after legalization

Early sales of regulated adult-use cannabis chipped away at the illicit market in the final quarter of last year - the first period of legal recreational cannabis sales - with black…

News March 3
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Colorado appears ready to open cannabis markets to outside investors

Colorado’s $1.5 billion-a-year marijuana industry appears on the threshold of opening its recreational and medical markets to a potential rush of outside investors and capital, almost a year after former…

News March 1
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