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Cannabis awards are going mainstream. But does a win mean a sales boost?
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Canadian acquisition company to purchase five US cannabis firms
Toronto-based Cannabis Strategies Acquisition Corp. (CSAC) has inked a deal to acquire five U.S. cannabis firms, with plans to combine the operations. CSAC – a special purpose acquisition company that…
News October 22
Chart: Is marijuana already becoming a mainstream industry?
Broader consumer acceptance of marijuana across North America signals that the nascent industry may soon take a place among mainstream industries ranging from cosmetics to nonalcoholic beverages. A majority of…
News October 22
How THC-focused cannabis businesses can compete during the CBD boom
CBD and THC coexist in the cannabis plant. But can they coexist in the cannabis market? Executives at some THC-focused cannabis companies are growing concerned they will lose profits and…
News October 19
Canadian marijuana producer Aphria aims to list on the New York Stock Exchange
Aphria, one of Canada’s largest cannabis producers, has filed documents with U.S. securities regulators signaling its intent to list its shares on the New York Stock Exchange. If approved, the…
News October 19
California drops ‘bombs’ in updated draft of permanent rules for cannabis businesses
California’s proposed marijuana business regulations continue to evolve, this time in an updated draft of permanent industry rules released Friday by state officials. The proposed rules – from the state’s…
News October 19
MedMen sells marijuana properties in California, Las Vegas for $12.5 million
MedMen Enterprises said it agreed to sell three cannabis properties in California and Nevada for roughly $12.5 million, a move aimed at boosting the multistate marijuana company's liquidity and supporting its expansion.
News October 19
Former PM Mulroney: ‘Others will follow’ Canada’s lead on cannabis
Former Prime Minister Brian Mulroney says other countries will follow Canada’s lead on cannabis legalization, but it will take time. On the same day Canada legalized marijuana for recreational use,…
News October 19
Lithuania becomes Europe’s latest adopter of medical marijuana
Lithuania’s Parliament voted unanimously to give doctors the ability to prescribe marijuana to treat certain health conditions, making it the latest European Union country to approve the use of medical…
News October 19
Week in Review: 5 business takeaways from the launch of Canada’s recreational marijuana market
Oct. 17 marked the groundbreaking launch of Canada's recreational cannabis market. The world watched how marijuana businesses around...
News October 19
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