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Colorado cannabis greenhouse builder files for Chapter 11

A Denver-based marijuana greenhouse developer is filing for bankruptcy after raising more than $15 million from investors. According to Denver news site BusinessDen, GrowCo owes at least $8.6 million to…

News January 30
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Court grants FL lawmakers time to remove medical marijuana smoking ban

A court case challenging the constitutionality of Florida’s ban on smokable medical cannabis has been put on hold until March 15 to allow state lawmakers time to eliminate the prohibition.…

News January 30
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Virginia CBD program chided as multistate medical cannabis firms gain edge

Seven companies are challenging a CBD licensing process in Virginia that resulted in multistate medical marijuana operators getting a majority of available licenses.

News January 30
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In race to win Europe, Aurora Cannabis and other Canadian companies pursue EU-GMP

In an effort to add to their international credibility and gain leverage over competitors, more Canadian medical marijuana firms are aiming to achieve one of the highest levels of quality…

News January 30
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Weekly Deal Watch: Sizes of cannabis capital raises climb, though frequency lags

Fundraising among North American cannabis firms has yet to outpace levels logged this time last year, but the size of the average capital raise is steadily climbing, according to the…

News January 30
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Maine seeks new consultant to draft adult-use marijuana program’s rules

Maine released a request for proposals this week that said it's again looking for a consultant to help put a regulatory structure in place for the state's long-delayed, adult-use cannabis…

News January 29
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Cannabis firm Slang lists on Canadian exchange after buying Organa Brands

Unlike many of its predecessors, Slang Worldwide (CSE: SLNG) saw a relatively stable first day on the Canadian Securities Exchange, opening at 2 Canadian dollars ($1.51) and closing at CA$1.99.

News January 29
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Leaked internal document sparks questions over CA cannabis growers group’s finances, management

A three-page document appearing to be an end-of-the-year 2018 status report from the California Growers Association (CGA) was posted Monday morning on popular Facebook page “California – City & County Regulation…

News January 29
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Medical marijuana firm Khiron expands in South America with CA$13.7M acquisition

Khiron Life Sciences, an integrated medical cannabis company with core operations in Colombia, has agreed to buy Uruguay’s NettaGrowth International in a deal valued at 13.7 million Canadian dollars ($10.3 million).…

News January 29
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