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Molson Coors CBD-beverage partner Hexo closes CA$57.6 million share offering
Hexo Corp., a licensed producer of cannabis based in Quebec, Canada, raised 57.6 million Canadian dollars ($43.7 million) Wednesday when it closed its offering of common shares. The company said in a…
News January 30
What cannabis shortage? Canada has ‘sufficient supply,’ Ottawa says
Canada’s federal government says the country has more than enough legal cannabis to meet demand even as some provinces complain about shortages. “The data is clear: There remains sufficient supply…
News January 30
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
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
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
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
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
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
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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