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Diversity is not the same as equity in US cannabis industry
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Record Raise: Tuatara Lands $93M for Investments in Marijuana Businesses
By Omar Sacirbey A New York-based private equity firm has raised $93 million to pump into cannabis companies, giving it the largest pool of capital ever gathered for marijuana-related investments.
News August 10Canadian Expert: Allow Small-Scale Businesses Into Rec Industry
The Canadian medical cannabis industry, while legal at the federal level, is essentially dominated by a handful of nationally sanctioned large companies. As the Canadian government prepares legislation to legalize…
News August 10Canadian cannabis company’s move to large stock exchange could create positive ripple effect
By Omar Sacirbey Canada-based Canopy Growth recently made history when it began trading on the Toronto Stock Exchange, becoming the first marijuana cultivator to list on a major North American exchange. The…
News August 10Report: Medical Cannabis Being Used As Currency in Oregon
Some Oregonians are using medical marijuana as currency to buy and sell items on sites like Craigslist.com, opening the door to barter transactions. The development is adding a new wrinkle to the…
News August 9Missouri MMJ campaign sues state for ballot spot
A campaign attempting to legalize medical cannabis in Missouri announced that it is suing the state for disqualifying thousands of signatures the group submitted to get its proposal on the…
News August 9Maryland MMJ program proceeds after initial OK for growers, processors
By Omar Sacirbey Maryland’s long-delayed medical marijuana program is finally getting off the ground now that regulators have given preliminary approval to 15 growers and 15 processors. The development sets…
News August 9New York Medical Marijuana Companies in the Red
New York’s medical cannabis companies are struggling to turn a profit, according to a new report from the Albany Times Union. That’s not a total surprise, given how slow the…
News August 8Ohio Towns Move to Block Medical Cannabis Businesses
Several Ohio municipalities are moving to block marijuana businesses from opening within their borders as the state moves forward with its medical cannabis program. A few cities have put six-month moratoriums…
News August 8Canadian MJ companies raise tens of millions in financing
Within the span of a week and a half, a trio of Canadian medical cannabis producers announced they had all raised seven-figure amounts to expand their businesses. First it was…
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