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Canada’s C21 Investments acquires Nevada cannabis business in deal topping $50M

Canada-based C21 Investments is expanding into the Nevada marijuana market through an acquisition of Silver State Relief and Silver State Cultivation, a deal that’s valued at more than $50 million.…

News July 16
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Canadian marijuana companies raise record cash ahead of legalization

Canadian cannabis raised more than 3 billion Canadian dollars ($2.2 billion) in the first half of 2018 as the industry scales to meet expected demand.

News July 16
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Chart: Can medical marijuana programs survive in states with recreational markets?

Medical marijuana programs in states that went on to legalize adult-use cannabis are suffering. Data from MMJ programs in Colorado, Oregon and Nevada - the only states with both an…

News July 16
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Lawsuits filed in Oklahoma target strict new medical marijuana rules

Two pro-cannabis group filed lawsuits in Oklahoma accusing regulators of improperly imposing rules aimed at curbing the growth of the state's MMJ industry.

News July 13
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Key US alcohol trade group endorses legalization of recreational cannabis

One of the biggest alcohol trade associations in the U.S. has allied itself with the cannabis industry, a move that could accelerate cooperation between the two industries.

News July 13
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Oregon’s medical marijuana program admits to problems with MMJ oversight

The agency overseeing Oregon's medical marijuana industry conceded in a report it has not provided effective oversight of growers and others in the industry.

News July 13
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California publishes first draft of permanent marijuana industry rules

The trio of state agencies that oversees California's marijuana program on Friday published the long-awaited first draft of permanent rules for the state's multibillion-dollar MJ industry.

News July 13
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Terra Tech sells Las Vegas retail cannabis shop for $6.2 million

One of the larger publicly traded marijuana companies in the United States announced the sale Thursday of one of its assets, a Nevada cannabis retail storefront, for $6.25 million.

News July 13
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Florida medical marijuana processors scrambling to avert suspensions

More than half of Florida’s 13 medical marijuana processors are scrambling to complete state-mandated food safety inspections to prevent their operations from being suspended.

News July 13
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