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Cannex buys US marijuana firm Jetty Extracts for up to $30 million
Vancouver, Canada-based Cannex agreed to purchase California infused products company Jetty Extracts in a deal worth up to $30 million, becoming the latest marijuana-related acquisition in the United States with…
News April 11
Ex-House Speaker Boehner – an ex-cannabis foe – joins MJ firm’s board
Former U.S. House Speaker John Boehner joined the advisory board of Acreage Holdings, a New York company with marijuana cultivation, processing and dispensing operations in 11 states.
News April 11
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
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