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Colorado firm launches $50M cannabis-focused venture capital fund
CanopyBoulder, a Colorado-based, marijuana-focused business accelerator, has created a $50 million venture capital fund that will focus on “growth stage companies” in the cannabis sector. The subsidiary, CanopyVentures I, plans to…
News February 1
Montana’s medical marijuana businesses are off and running
Montana's medical marijuana businesses aren't sitting on their hands. In fact, it's quite the opposite. As 600-plus registered caregivers wait for state regulators to finalize industry regulations that were expected last…
News February 1
Willie Nelson’s marijuana company raises $12 million for expansion
Capital raises in the marijuana industry appear to be continuing unabated since the issuance of the Sessions Memo on Jan. 4. Country music star Willie Nelson’s cannabis company joined the…
News January 31
Labeling error spurs Canada’s Aphria to recall medical cannabis
A licensed producer of medical marijuana in Ontario has recalled a small amount of dried marijuana due to a labeling error. Leamington, Ontario-based Aphria issued the voluntary recall for two…
News January 31
California’s slow adoption of marijuana rules hampering Scotts Miracle-Gro sales
A slow start to implementing regulations for California's recreational marijuana program has impeded sales of Scotts Miracle-Gro's hydroponics division this year.
News January 31
Deloitte estimates windfall for Quebec from proposed cannabis facility
A massive marijuana production operation on the drawing board in Quebec could yield enormous financial benefits for the province if it’s fully built out, according to a preliminary economic assessment…
News January 31
California treasurer lays out first steps toward state marijuana bank
Following up on a plan he announced last year, California state Treasurer John Chiang on Tuesday outlined the foundation for a public bank for cannabis businesses so they won’t have…
News January 31
‘Decimated’ by oversupply, Oregon wholesale prices for outdoor-grown trim, flower for oil drop to $50 a pound
Oregon's marijuana cultivators are facing a challenging environment that favors vertically integrated companies and craft cannabis. Wholesale prices for outdoor-grown marijuana have dropped to as low as $50 a pound. …
News January 31
Cannabis Wheaton acquires Uruguayan hemp CBD producer for $15 million
Canada’s global cannabis-buying spree is moving to Uruguay. Vancouver, British Columbia-based Cannabis Wheaton announced Tuesday that it plans to spend up to $15 million to acquire 80% of Inverell shares.…
News January 30
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