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Ohio marijuana firm charts international growth path with $74 million in deals

Marijuana branding company Green Growth Brands is charting a path to grow in the United States and Canada through two deals totaling $74 million.

News July 18
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Key business lessons from Sweet Leaf’s loss of 26 marijuana licenses in Denver

Earlier this month, Denver stripped Sweet Leaf of all 26 of its city-issued marijuana licenses for what authorities characterized as a management-directed illegal sales “looping” scheme that allowed customers to…

News July 18
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Ontario Cannabis Store head reassigned as clock ticks on legal recreational MJ sales

The monopoly retailer for Canada’s largest marijuana market is without a permanent leader, with the first sales of legal recreational cannabis just 91 days away. Nancy Kennedy, who was chosen…

News July 18
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Some preventive medicine can save marijuana cultivators a lot of money

Worried about the fallout from marijuana that doesn't meet state requirements? Simply taking preventive measures such as investments in infrastructure and increased vigilance in cultivation operations can help growers stave…

News July 18
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First seven Michigan medical cannabis licensees now in regulatory limbo

The first seven Michigan companies won business permits just last week, but now they find themselves in regulatory limbo, unable to fully comply with the law and also serve patients. That’s…

News July 17
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Florida to expand sizzling medical marijuana market with four new licenses

Florida’s $200 million medical cannabis industry has spurred the state to issue an additional four “medical marijuana treatment center” licenses. The state health department expects to be swamped with as…

News July 17
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Medical cannabis firm Green Thumb raising $60 million in Canada to grow US footprint

Illinois-based Green Thumb Industries is planning to expand in New York and Ohio after it closes a $60 million stock-purchase deal through its Canadian-listed shares. Under the bought-deal transaction, a…

News July 17
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Electric utilities work with cannabis growers to save on power costs

Despite knowing for years that electricity is a major expense that can significantly affect everyone's bottom line, marijuana businesses - especially growers - are still struggling to keep costs manageable.…

News July 17
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New Jersey looks to double medical marijuana businesses

With patient numbers surging and supply problems escalating in New Jersey, Gov. Phil Murphy’s administration is expected to call for six more medical cannabis providers to serve the state. That…

News July 16
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