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CIBC: Marijuana legalization a ‘global trend that is merely getting started’
Canadian cannabis businesses would be among the first to capitalize if any other major country takes a meaningful step toward legalization, according to a new report from CIBC World Markets,…
News October 24
Pennsylvania tops 80,000 medical cannabis patient registrations
Pennsylvania’s medical marijuana patient count continues to surge, boding well for MMJ sales. More than 80,000 patients have registered for the program since the state registry was launched in October…
News October 24
Weekly Deal Watch: Cannabis firms hustle to expand, raise capital to support growth
Strong distribution networks are critical for future growth in the U.S. cannabis market - and firms are willing to invest in growing their networks.
News October 24
Arizona AG retracts bid to make extracts illegal for medical marijuana patients
Arizona Attorney General Mark Brnovich has withdrawn his request asking the state Supreme Court to declare medical marijuana hashish and cannabis extracts illegal for MMJ patients. His reversal could help ease the…
News October 24
Growers: Western marijuana prices are down amid strong harvest, despite high demand
The marijuana harvest is underway and growers in several western states are reporting a bumper crop, but it’s coming at a time when supplies already are abundant and MJ prices are…
News October 24
Report: Constellation to sell off wine brands, focus on cannabis, beer
One of the world's largest alcohol producers, Constellation Brands, plans to shed some of its U.S.-based wine portfolio as part of a strategic shift to beer and marijuana products, according…
News October 23
Marijuana vape firm Pax Labs raises $20M but seeks to avoid VC dependence
San Francisco-based Pax Labs has closed a $20 million funding round, Bloomberg reported. CEO Bharat Vasan told the news outlet that the company wanted to keep the investment small to…
News October 23
New Jersey lawmakers say adult-use cannabis vote likely won’t happen Oct. 29
New Jersey’s legislative leaders reported that a vote to legalize recreational marijuana they penciled in for next week now appears unlikely. Democratic Assembly Speaker Craig Coughlin said Monday at an…
News October 23
Arizona AG seeks to outlaw hashish for medical marijuana patients
Arizona’s attorney general is asking the state’s Supreme Court to end the sale of hashish under the state medical marijuana program, a move that could deal a notable blow to MMJ sales.…
News October 23
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