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Federal marijuana rescheduling means institutional capital is coming to cannabis investing
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Adult-use cannabis legal in MI as of today; commercial market not likely until 2020
Michigan on Thursday became the latest state to officially legalize the recreational use of marijuana, but it's initially only for adult possession and use - not commercial sales.
News December 6
IGC Resources, Westleaf Cannabis close CA$20M raise, including Tilray investment
Alberta marijuana companies IGC Resources (TSXV: IGC.H) and Westleaf Cannabis closed a brokered private placement of 20 million Canadian dollars ($15 million), including CA$2.9 million from British Columbia-based Tilray. The…
News December 6
Aphria fallout: 5 takeaways on the report that sent this cannabis stock plunging
The blows to Aphria's stock continued Wednesday as the Canadian cannabis giant's share price tumbled in the wake of a scathing short-seller report.
News December 6
Massachusetts recreational marijuana stores bring in $2.6M in second week of sales
The newly launched adult-use cannabis market in Massachusetts hit $2.6 million in sales during the second week of sales, according to figures released by the state’s Cannabis Control Commission. Data…
News December 5
Medical cannabis export law passes first vote in Israeli Parliament
A long-awaited bill to permit the export of medical cannabis from Israel passed the first of three crucial votes in the country’s Parliament, potentially setting it up for approval in…
News December 5
Aphria warned by Health Canada about ‘noncompliance’ in June
Beleaguered Canadian cannabis giant Aphria was given a noncompliance rating and issued a warning letter by Health Canada in June over “critical” findings discovered in a routine annual inspection.
News December 5Luxembourg releases recreational marijuana proposal for ‘residents only’
Luxembourg’s plan to legalize recreational marijuana may be a milestone for the European Union, but business opportunities will be limited by a provision that would allow sales only to the…
News December 5
Pennsylvania medical cannabis operators renew legal challenge
A group of licensed medical marijuana companies resumed efforts to challenge Pennsylvania’s MMJ clinical research program in court, saying the effort needs to pause until it has a transparent vetting…
News December 5
Weekly Deal Watch: Investor bets on US cannabis firms continue to climb
This weekly series from Marijuana Business Daily and Viridian Capital Advisors provides the latest data on cannabis investment activity and M&A, along with key takeaways, analysis and trends based on…
News December 5
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