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Canadian cannabis giant SNDL claims to be world’s largest after Parallel takeover
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Report: Uruguay is home to nearly 35,000 authorized rec cannabis users
The number of people authorized to access recreational marijuana in Uruguay is closing in on 35,000, according to a report by the Institute of Regulation and Control of Cannabis. However,…
News May 9
Thanks to mayor, Alaska city OKs up to 25 retail marijuana stores
The number of retail cannabis shops in Fairbanks, Alaska, has been set at 25. After the City Council deadlocked 3-3 on whether to allow 15 or 25 stores, Fairbanks Mayor…
News May 9
GrowGeneration raises $10 million to bankroll cannabis-related acquisitions
GrowGeneration, a multistate operator of retail hydroponic and organic gardening stores serving marijuana growers, said it raised $10 million that it will use to purchase more businesses. The Denver company…
News May 9
California’s low marijuana tax stream complicating MJ business climate
A lower-than-expected first quarter of marijuana excise tax income in California has thrown a wrench into the works for those hoping state lawmakers might drop tax rates to help combat the…
News May 9
Exclusive: US marijuana sales may reach $10 billion this year, $22 billion by 2022
Retail sales of medical and recreational cannabis in the United States are expected to hit $8 billion-$10 billion this year – a nearly 50% increase from 2017 – and rise…
News May 9
McLellan calls on Canadian Senate to avoid ‘undue partisanship’ to get around rec cannabis delay
The former chair of Canada’s federal task force on cannabis legalization is calling on senators to avoid “undue partisan activity” as the bill faces the potential of a delay over…
News May 8
Colorado ready to add autism to medical cannabis qualifying conditions
A bill that would add autism spectrum disorder to Colorado’s list of conditions that can be treated with medical marijuana is headed to Gov. John Hickenlooper’s desk. The state’s General…
News May 8
Another big Canadian bank dips toes in marijuana sector
A new report on Canada’s legal marijuana industry by the country’s fourth-largest bank signals growing interest in the sector among institutional investors, which until recently have been extremely cautious in…
News May 8
Florida to closely monitor medical cannabis edibles production facilities
Florida plans to regulate medical marijuana edibles as it does other food products. The state’s Department of Agriculture and Consumer Services said cannabis producers will be subject to random inspections to ensure…
News May 8
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