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The cannabis industry is having a price compression crisis. What’s the solution?
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Marijuana REIT, Vireo involved in $5.8 million property deal in Pennsylvania
Innovative Industrial Properties, a San Diego-based real estate investment trust (REIT) that deals with medical marijuana growers, acquired an 89,000-square-foot industrial space in Scranton, Pennsylvania, for $5.8 million as part of…
News April 11
Kush Bottles acquires cannabis extraction supply company
One of the larger ancillary U.S. cannabis companies announced Tuesday that it just got even bigger. California-based Kush Bottles revealed in a news release that it acquired Colorado-based Summit Innovations,…
News April 11
Medical marijuana states experience wide spectrum of wholesale prices, supply
The wholesale price and supply situation for various state medical marijuana markets is a mixed bag, with different regulations, patient counts and product availability generating diverse situations.
News April 11
Quebec inks ‘bombshell’ supply deals for 359 tons of cannabis
Canada’s second-largest province by population signed multiyear supply deals with six licensed cannabis cultivators for its recreational market, a move that provides much needed certainty for businesses and investors, analysts…
News April 11
Impending ruling on epilepsy drug has CBD industry on alert
The most disruptive product to hit the newly legal hemp industry might be one that will never be sold directly to consumers. GW Pharmaceuticals, a London-based biotech company, is awaiting…
News April 11
New medical marijuana rules go into effect in Montana
Medical marijuana providers in Montana will start testing, labeling and tracking their products as new rules take effect Tuesday for state officials to keep close tabs on cannabis plants from…
News April 10
New York firm raises $18.7 million for cannabis investments
Altitude Investment Management, a cannabis-focused investment firm in New York, raised $18.7 million for its debut fund, Altitude Investment Partners. Altitude hopes to raise a total of $50 million for…
News April 10
California reminds marijuana firms temporary licenses set to expire
California cannabis regulators are alerting marijuana companies that temporary business permits that took effect at the start of the year will begin expiring at the end of April. Regulators issued…
News April 10
Guam’s medical cannabis program on hold as it awaits testing lab applicants
No one has applied for a license to set up an independent medical marijuana testing laboratory in Guam, nearly two months after Gov. Eddie Calvo signed into law a bill implementing…
News April 10
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