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Craft cannabis firm Flow Kana closes record $125 million funding round

California-based marijuana producer and distributor Flow Kana closed a $125 million funding round - which appears to be the largest private funding round for a cannabis company in the United States.

News February 14
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Aurora’s European marijuana production center expects first sales in mid-2019

The first “saleable” harvest from Canadian cannabis giant Aurora’s Nordic 1 facility in Denmark is expected to be ready by the end of first quarter 2019, the company disclosed in…

News February 14
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After string of successes, multistate cannabis firm MedMen forced to confront adversity

MedMen Enterprises has been hit with three lawsuits that, combined, seek hundreds of millions of dollars in damages.

News February 14
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CannaRegs looks beyond marijuana industry with $2 million capital raise

Contrary to the trend of mainstream companies reaching into the marijuana industry, a firm founded to serve cannabis clients is expanding into traditional technology services for businesses that have nothing…

News February 13
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Legal cannabis sales top $6 billion in Colorado

Colorado’s legal marijuana market hit a milestone at the end of 2018, going over $6 billion in combined recreational and medical sales since the adult-use market launched on New Year’s…

News February 13
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California governor to send National Guard to combat illegal marijuana grows

California Gov. Gavin Newsom announced during his state of the state address on Tuesday that the National Guard has been tasked with eliminating unlicensed cannabis farms, a move welcomed by…

News February 13
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Oklahoma medical cannabis sales surge to $4 million in January

The nascent Oklahoma medical marijuana program continues to post strong initial numbers, with retail sales topping $4.3 million in January, a fourfold increase from the previous month, according to state…

News February 13
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European Parliament calls for uniform definition of medical cannabis

In a move to get more clarity on what medical marijuana is, the European Parliament passed a resolution Wednesday calling on the European Commission and EU countries to provide a legal definition and draw…

News February 13
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Greece challenges Denmark in race to be Europe’s marijuana hub

Greece has received as many as 30 foreign investment applications for medical and industrial cannabis production worth approximately 350 million euros ($400 million), potentially setting up the country to be…

News February 13
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