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California cannabis greenhouses catch fire; blaze under investigation

Several cannabis greenhouses caught fire Monday afternoon in central California, leading the company’s 300 employees to evacuate and call authorities for help. The greenhouses are owned by Loudpack Farms, a licensed…

News July 24
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Manitoba First Nation lends CA$35M to marijuana retailer

A Manitoba First Nation has agreed to lend $35 million Canadian dollars ($26.6 million) to a Canadian cannabis firm to tap into the country's imminent recreational market.

News July 24
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Sweet Leaf granted temporary reprieve from destroying its Denver cannabis

Sweet Leaf, which recently saw its 26 Denver marijuana licenses revoked, doesn’t have to destroy inventory in those facilities – at least not yet. The company won a “stay of…

News July 24
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State marijuana reforms could spark tens of millions of dollars in business opportunities

Pro-cannabis legislative reform has advanced in a number of states in 2018, with major business developments occurring in Florida, Pennsylvania, New Jersey and other markets. The legislative changes and resulting…

News July 24
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Seattle-based GRN Funds to provide cannabis banking solutions in Florida

Seattle-based GRN Funds is planning to provide banking services starting Aug. 16 to the Sunshine State’s medical marijuana treatment centers and ancillary marijuana businesses that successfully complete its application process.

News July 23
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Marijuana firm LivWell International prepares launch, Canadian exchange listings

Alberta-based 51st Parallel, an affiliate of Denver-based LivWell Enlightened Health, announced a series of transactions Monday that will result in the creation of LivWell International, the companies said in a…

News July 23
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Vermont seeks to halt practice of ‘gifting’ recreational cannabis

Vermont’s top law enforcement official moved to crack down on an emerging practice of "gifting" adult-use marijuana, saying the practice is illegal.

News July 23
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Marijuana operator Acreage Holdings announces landmark $119 million funding

New York-based Acreage Holdings appears to have set a record for the largest private funding round ever closed by a U.S. cannabis company, raising $119 million to bankroll acquisitions and…

News July 23
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Chart: Maryland medical marijuana sales head toward $100 million in first year

Maryland’s medical marijuana market is off to a hot start - a welcome development for a program that took more than four years to get off the ground.

News July 23
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