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Utah medical cannabis election victory could help ensure program’s viability
Voters approved a medical marijuana initiative in Utah, a victory that could put additional pressure on state lawmakers to ensure the modest program is financially viable. Proponents and opponents recently…
News November 7
Weekly Deal Watch: Cannabis funding frenzy highlights how much capital is ‘still on the sidelines’
This week was the single largest capital raise week for the industry, bolstered by the official close of Constellation's investment in Canopy Growth.
News November 7
Key cannabis legalization wins could bring in upward of $2 billion in new sales
Marijuana scored a sweeping victory at the ballot box on Tuesday, with voters approving new markets in Michigan, Missouri and Utah that eventually could generate $2 billion in medical and…
News November 7
Election updates, analysis & highlights
Marijuana Business Daily reporters were on the ground across the United States on Election Day 2018, providing live coverage of the midterms and their significance to the cannabis market.
News November 6
Michigan OKs recreational marijuana, creating potential $1.7 billion market
Michigan voters approved an adult-use cannabis initiative Tuesday, CNN projected, making the state the first in the Midwest to pass adult-use marijuana legalization.
News November 6
US House flips to Democrats in a positive sign for marijuana reform
Democrats have retaken the U.S. House, TV networks projected, a development that could provide a shot in the arm for federal marijuana reform that benefits MJ businesses. Several experts have…
News November 6
US cannabis retailer Green Growth Brands inks CA$30.5 million raise
Ohio-based marijuana retailer Green Growth Brands raised 30.5 million Canadian dollars ($23.2 million) in a private placement ahead of the firm’s planned trading debut in Canada later this month. The…
News November 6
Marijuana firms Terra Tech, Golden Leaf sign intent to merge in $125 million deal
Terra Tech Corp., a California-based, vertically integrated cannabis company, announced Monday that it has signed a nonbinding letter of intent to merge with Toronto-based Golden Leaf Holdings.
News November 6
How to use technology to keep your cannabis company compliant
Sweet Leaf once was one of the largest vertically integrated cannabis businesses in Colorado and considered a trailblazer in the industry's retail chain concept. Now, the company is a cautionary…
News November 6
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