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Marijuana company Agrify gets $20M from Green Thumb, shakes up C-suite

A Green Thumb Industries subsidiary is providing $20 million in funding to marijuana cultivation and extraction solutions company Agrify Corp., with $10 million being drawn at closing.

News November 5
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Canadian province Ontario pledges $31 million toward illicit cannabis battle

The government of Ontario, Canada, pledged $31 million to an agency responsible for fighting the illicit cannabis market in the province.

News November 5
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Election Day holds promise for marijuana industry reforms across United States

For the first time, both the marijuana-reform movement and the $32 billion U.S. cannabis industry have little to fear on Election Day.

News November 5
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Florida governor lands more hemp money to fight adult-use legalization, report says

Companies that sell products with significant amounts of intoxicating THC - but under the guise that it’s federally legal hemp - are bankrolling Florida's governor's quest to defeat an adult-use…

News November 4
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Nebraska judge allows votes on medical cannabis ballot initiatives to be counted

A Nebraska judge is allowing the votes on two medical cannabis legalization initiatives on the state's ballot to be counted and posted.

News November 4
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Nevada marijuana operator Deep Roots Harvest acquires The Source

Deep Roots Harvest has acquired fellow Nevada marijuana operator The Source in a deal that includes a portfolio of retail, distribution and cultivation assets in the state.

News November 4
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Cannabis markets on the ballot could generate $3 billion in first year

If approved by voters on Tuesday, new regulated marijuana markets in Florida, Nebraska and North Dakota could collectively reach $2.3 billion in sales.

News November 4
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Trial over Nebraska’s medical marijuana ballot initiative might be extended

An 11th-hour legal challenge to Nebraska’s medical marijuana ballot initiative could extend to Monday, the eve of Election Day.

News November 1
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Kentucky medical cannabis dispensary licenses to be decided in 2 lotteries

The fate of Kentucky applicants seeking medical cannabis dispensary licenses will be decided starting in late November.

News November 1
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