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Canopy Growth to acquire craft marijuana retailer Hiku Brands for CA$269 million
Ontario, Canada-based Canopy Growth has inked a deal to acquire Hiku Brands, a retail-focused craft cannabis producer. Under terms of the deal, Hiku shareholders will receive 0.046 of a Canopy…
News July 10
OK adds limits to medical cannabis rules, including restriction on smokable MMJ
The wide-open medical marijuana measure approved by Oklahoma voters just got more restrictive after state health regulators took steps to prohibit the sale of smokable cannabis and require dispensaries to employ…
News July 10
New York calls on banks to work with medical marijuana industry
New York state's top financial officials have joined the growing chorus of regulators and business leaders calling on banks to work with the legal marijuana industry. Many financial institutions remain…
News July 10
North Dakotans may see recreational cannabis initiative on November ballot
Supporters of legalizing adult-use marijuana in North Dakota submitted nearly 19,000 signatures to state officials, which was significantly more than the 13,500 needed to get the measure on the November…
News July 10
Connecticut retailers, growers at odds on how to serve growing medical cannabis demand
Connecticut’s medical marijuana growers and retailers are at loggerheads over the state’s plan to expand its MMJ program to meet growing consumer demand for products. The state has proposed adding…
News July 10
Michigan adds 11 medical marijuana qualifying conditions
Michigan regulators added 11 new ailments to the list of qualifying conditions for medical marijuana, potentially giving a big boost to a market that is already home to one of…
News July 10
‘Time is money’: 3 big mistakes Canadian marijuana cultivation applicants make
With 109 approved growers and another 500 in the pipeline, Canada's field of licensed cultivators is getting more crowded, making solid application critical.
News July 10
Cannabis firm Tilray outlines IPO terms ahead of listing on Nasdaq
Tilray, a Canadian marijuana company owned by Seattle private equity firm Privateer Holdings, unveiled the terms of a previously announced initial public offering. The British Columbia-based company, which filed for the…
News July 9
Maine lawmakers overrule governor, paving way for new medical marijuana reform
Maine's legislators on Monday voted to override Gov. Paul LePage's vetoes of two medical marijuana bills. The move is a big win for MMJ businesses in the state since it gives them…
News July 9
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