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A $1 billion cannabis company? Recent deals shed light on marijuana valuations
Can the U.S. cannabis industry claim its first plant-touching "unicorn" - a company valued at $1 billion? Captor Capital, a Toronto-based investment firm, certainly thinks so.
News February 15
Cannabis legalization plaintiffs make case, await judge’s ruling
After a roughly three-hour-long hearing in New York on Valentine’s Day, the plaintiffs in a lawsuit attempting to legalize marijuana on a national scale in the United States will have…
News February 14
Ontario set to lay out how it will procure marijuana for recreational sales
Licensed marijuana producers from across Canada are scheduled to sit down next week with Ontario government representatives to learn more details on how they can get their products in provincially…
News February 14Liquor titan’s CEO: Alcohol companies eyeing cannabis industry
The CEO of one of the world’s largest liquor companies says the alcohol industry is keeping close tabs on the marijuana market – with one eye on the future. “We look…
News February 14
5 business points to consider in Thursday’s high-stakes CBD court case
The Hemp Industries Association and a handful of cannabis entrepreneurs are taking the U.S. Drug Enforcement Administration to court Thursday in a high-stakes case over the agency’s 2016 pronouncement that…
News February 14Pennsylvania to launch medical marijuana sales this week
Medical marijuana dispensaries in Pennsylvania have been given the go-ahead by Gov. Tom Wolf to begin sales. According to Pennlive.com, the Cresco Yeltrah dispensary will begin sales Thursday, and five…
News February 14
Detroit issues moratorium on medical cannabis business permits
The Detroit City Council on Tuesday approved another delay on the issuance of new medical marijuana business permits, a situation that has been contentious in the Motor City for years…
News February 14
Marijuana analyzer company raises $2.25 million
An Israeli company that has been working on a commercial-scale cannabis analyzer has completed a $2.25 million Series A-1 round of funding. GemmaCert, based in Tel Aviv, will launch its…
News February 14
Latin America Update: Marijuana business developments in Chile and Argentina
While Canada and the United States dominated marijuana headlines over the past year, their neighbors in Latin America also made some waves. Though business and investment opportunities are not nearly…
News February 14
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