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Canada’s commercial marijuana insurance market gets big backers

Two multinational insurance companies have given the green light to underwriting cannabis-related businesses in Canada, allowing companies in the burgeoning sector to grow their operations while reducing risks and liabilities.…

News September 12
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Multistate cannabis retailer raises $25 million

Seattle-based marijuana retailer Have a Heart closed a $25 million series A funding round, money the company plans to use to continue its expansion. According to a news release, the…

News September 12
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CannTrust, alcohol wholesaler partner for cannabis distribution in Canada

CannTrust - one of Canada’s leading purveyors of cannabis - inked a strategic partnership with Breakthru Beverage Group to establish a cannabis-focused sales brokerage company.

News September 12
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Pharma giant Bayer on cannabis: No decision ‘until we fully understand market’

Monsanto pulled its Health Canada-approved pesticide from the cannabis market months ahead of a planned merger with German company Bayer, but the pharmaceutical giant is not ruling out an eventual…

News September 12
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Anheuser-Busch scion launches Colorado marijuana company

Adolphus A. Busch V, great-great-grandson of the founder of the Anheuser-Busch brewing empire, has launched a marijuana company in Colorado, becoming the latest heir from a well-known family to enter…

News September 12
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Maine seeks cannabis consultant to advise on recreational, medical rules

Maine put out feelers this week for a marijuana consultant to write regulations to launch the state’s recreational marijuana market and implement a new law governing medical cannabis. The state…

News September 12
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Weekly Deal Watch: Cannabis investing and M&A highlights (as of Sept. 7, 2018)

This is the first installment of a new weekly series from Marijuana Business Daily and Viridian Capital Advisors. Each week, we will provide you with the latest data on cannabis investment activity…

News September 12
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A year after Hurricane Maria, Puerto Rico’s medical marijuana program back on track

One year after a hurricane devastated the island of Puerto Rico, medical cannabis businesses are reporting a remarkable turnaround from a storm that is believed to have left nearly 3,000…

News September 12
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Michigan adds three months to medical marijuana licensing deadline

Michigan on Tuesday extended the deadline for dozens of existing medical cannabis dispensaries to receive permanent state licenses, an effort to try to ensure the MMJ market continues without turmoil.…

News September 11
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