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California cannabis licensing backlog could spur collapse of supply chain, ‘hundreds of businesses’

A California Senate panel on Wednesday advanced a bill - dubbed a "Band-Aid" by one sponsor - in a last-minute bid to prevent thousands of marijuana companies from being temporarily…

News February 27
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Marijuana firm MedMen’s fiscal Q2 sales grow, losses shrink from previous quarter

Los Angeles-based MedMen reported revenue of $29.9 million and a net loss of $64.6 million for its fiscal second quarter ended Dec. 29, as the multistate cannabis company saw its…

News February 27
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Curaleaf acquires California cannabis group for $30.5 million

Massachusetts-based Curaleaf, a vertically integrated multistate marijuana company, acquired California’s Eureka Holdings. Eureka Holdings operates a cultivation facility in the Salinas Valley and is developing three dispensaries in the Golden…

News February 27
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New Hampshire House endorses adult-use marijuana, but major hurdle remains

New Hampshire’s House gave preliminary approval on Wednesday to a bill legalizing a recreational marijuana industry that would allow an unlimited number of licenses statewide.

News February 27
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Multistate cannabis firm 4Front buys dispensary, grow operations in AZ and MA

4Front Holdings, a U.S. cannabis retail and brand company based in Phoenix, expanded its national footprint with acquisitions in Massachusetts and Arizona. 4Front acquired Healthy Farms, which has two dispensaries and…

News February 27
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Walmart Canada removes Canopy Growth’s cannabis vaporizer from website

Walmart Canada removed a popular medical marijuana vaporizer from its online store last month and now says it has no immediate plans to sell cannabis-related products.

News February 27
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Lessons cannabis firms can learn from the craft beer industry: Q&A with Nug’s Ted Whitney

As the marijuana industry matures, some experts predict a split will occur that’s similar to what has happened in the beer industry: Consumers can pick a less flavorful, cheap beer…

News February 27
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10 technological breakthroughs that could change how cannabis entrepreneurs do business

Technological advances are revolutionizing every sector of the marijuana industry, transforming a market that largely is seen as an agricultural industry. With that in mind, we decided to look at “10 Killer…

News February 27
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CA marijuana distributors lose first fight in attempt to bar feds from seizing assets

A California cannabis distributor has lost the first round in what could prove to be an important test case in determining the role of the federal government in cracking down…

News February 26
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