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Georgia medical cannabis patient growth continues to surge
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Canopy Growth boosts M&A transparency in wake of Aphria fiasco
Cash-rich Canopy Growth bought global vaporizer leader Storz & Bickel for 220 million Canadian dollars ($160 million) in a bid to improve its portfolio of intellectual property. The all-cash deal…
News December 7
WHO postpones recommendation for rescheduling cannabis at UN summit
The World Health Organization (WHO) postponed its much-anticipated recommendations about the international scheduling of cannabis, citing a need for more time to review its findings. The recommendations were expected to be released Dec.…
News December 7
Trump taps Justice Department veteran William Barr as attorney general
President Trump said Friday he is nominating William Barr - who served in the first Bush administration - to replace former U.S. Attorney General Jeff Sessions, who was an outspoken critic…
News December 7
Boston-based marijuana firm Ascend Wellness closes $40 million funding round
Boston-based cannabis company Ascend Wellness has closed a $40 million funding round – capital the firm plans to use to build out its multistate footprint. Poseidon Asset Management, Salveo Capital,…
News December 7
Acreage inks $160 million acquisition of Oregon cannabis firm
Acreage Holdings has inked a $160 million deal to acquire Form Factory, a Portland, Oregon-based marijuana infused edibles manufacturer and distributor.
News December 7
Marlboro maker, Cronos join forces in exclusive CA$2.4 billion deal to tap global cannabis opportunities
Altria Group, one of the largest tobacco companies in North America, has agreed to invest 2.4 billion Canadian dollars ($1.8 billion) in Ontario-based cannabis producer Cronos Group - the most…
News December 7
Week in Review: Phony CA lab data, Utah gov signs medical marijuana bill & ex-Sweet Leaf execs jailed
The results of hundreds of marijuana lab tests in California are alleged to have been falsified, Utah’s governor signs a compromise medical cannabis bill, and two former executives from MJ…
News December 7
Key UN summit could lead to international rescheduling of cannabis
A crucial milestone for the global industry could be achieved this week, as the World Health Organization (WHO) presents its findings on cannabis to the Commission on Narcotic Drugs (CND)…
News December 6
Marijuana retailer MedMen facing potential class action lawsuit from former employees
One of the biggest names in cannabis retail, California-based MedMen, is facing a potential class action lawsuit from former employees that allege multiple labor law violations.
News December 6
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