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Cannabis edibles maker Dixie raises $25M ahead of Canadian stock listing
Infused cannabis products maker Dixie Brands closed a $25 million funding round as it works to go public in Canada before year's end.
News October 3
Weekly Deal Watch: Marijuana companies target international expansion, low-cost production
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 October 3
MedMen expands into Arizona medical marijuana market via acquisition
Los Angeles-based MedMen Enterprises is expanding into Arizona’s large medical marijuana market after striking a deal with WhiteStar Solutions to acquire Monarch, a vertically integrated MMJ business with operations in…
News October 2
Michigan gave time, now takes time from medical cannabis license applicants
After adding months to its medical marijuana licensing deadline, Michigan is now taking away 45 days with little explanation, requiring MMJ businesses to have their new state operating licenses by…
News October 2
No Snoop for you! Celebrity names not allowed come cannabis legalization in Canada
Branding partnerships between Canada’s biggest cannabis companies and their celebrity backers will be thrown into limbo when new regulations governing recreational cannabis take effect Oct. 17. The Cannabis Act has…
News October 2
CBD drugmaker GW Pharmaceuticals poised to raise $300 million
GW Pharmaceuticals is setting out to sell $300 million worth of U.S. depository shares.
News October 2
Proposed tax in Phoenix could cost medical marijuana firms $1 million+ annually
Facing a budget crunch, Phoenix’s interim mayor is proposing a heavy tax on the city’s medical cannabis industry that could cost some companies more than $1 million a year. Medical…
News October 2
California regulators revoke cannabis testing lab’s temporary license
The California Bureau of Cannabis Control (BCC) revoked a temporary testing laboratory license for the San Diego location of PharmLabs. The lab failed to meet the testing standards and procedures required…
News October 2
US lawmakers urge feds to expand approved marijuana growers for research
Fifteen U.S. House lawmakers urged the heads of the Department of Justice and the Drug Enforcement Administration to expand the number of federally approved marijuana cultivators allowed to grow cannabis…
News October 2
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