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What Canada’s top CEOs say about cannabis ‘commoditization’
While a shortage of marijuana is expected to precede any glut by a number of years, the potential for cannabis commoditization is already a consideration for many licensed cultivators in…
News May 16
Ohio awards medical marijuana grow license after resolving error in process
Trying to rectify an application scoring error, Ohio regulators issued a medical marijuana cultivation license to Illinois-based PharmaCann Ohio, which had been rejected in the original round of license review.…
News May 16
Fearing cannibalization, beer companies ask Canada for higher cannabis taxes
Canada’s beer industry is expressing concern that the recreational marijuana market is going to cut into its profits, and it wants the government to raise the proposed tax to level…
News May 16
Lawsuit alleges California cannabis tech firm Eaze broke US law with marketing solicitations
One of the biggest facilitators of marijuana deliveries in California faces a possible class-action lawsuit that one Bay Area attorney says could threaten the company’s existence. Farrah Williams, of San…
News May 16
New Jersey’s medical marijuana patient count could reach 50,000, regulator says
New Jersey is expecting to at least double its medical cannabis patient registration, from about 20,000 to 40,000 or even 50,000, the state's health commissioner said Tuesday.
News May 15
Chicago-based cannabis firm GTI plans to go public in Canada
Green Thumb Industries, a Chicago-based cannabis grower and dispensary operator, released its plans to go public in Canada’s booming marijuana market. The multistate company has signed a letter of intent…
News May 15
Marijuana firm iAnthus lands $50 million investment
Multistate cannabis firm iAnthus secured a $50 million investment from Gotham Green Partners, a marijuana-focused private equity firm based in New York.
News May 15
Four state marijuana ballot initiatives likely on tap in 2018, with Oklahoma first up
If 2016 signaled a high-water mark for state ballot initiatives to legalize cannabis, then this year portends a slow, but steady, flow. A medical marijuana measure will go before Oklahoma…
News May 15
Four marijuana firms to form multinational company, continuing industry consolidation
Consolidation continued in the cannabis industry Tuesday, with four major marijuana businesses from the United States and Canada merging to launch a multinational company with combined revenue forecast to total more…
News May 15
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