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Canadian, British cannabis companies Aqualitas and Cannaray to merge

Medical cannabis companies from Canada and Britain are joining forces to create a global, vertically integrated business to tap opportunities in Europe and beyond.

News March 12
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Marijuana REIT Chicago Atlantic reports 17% interest income increase for 2023

The prospect of federal marijuana reform is growing investment and improving equity for Chicago Atlantic Real Estate Finance's clients, senior management said Tuesday during the company's fourth-quarter and full-year earnings…

News March 12
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Cannabis MSO Ascend Wellness expecting 280E tax refunds

Multistate cannabis operator Ascend Wellness Holdings says it has filed amended federal tax returns for several years and expects to receive refunds, becoming the latest U.S. marijuana company to seek…

News March 12
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How close is DEA to making decision on rescheduling marijuana?

Those keen to know exactly when the U.S. Drug Enforcement Administration will issue its decision on marijuana rescheduling remain frustrated.

News March 12
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Virginia legislative session ends without gov signing adult-use marijuana bill

Virginia’s 60-day General Assembly session adjourned Saturday without the state's Republican governor signing into law a bill finally legalizing adult-use marijuana sales.

News March 11
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Israel’s IMC looks to spin out, sell cannabis unit in pivot to biotech sector

IM Cannabis Corp. is proposing a reverse merger with Israeli biotechnology firm Kadimastem in which it would spin out - and potentially sell - its existing medical marijuana operations in…

News March 11
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‘Much more stable’ marijuana landscape in 2024, CEO of NewLake REIT says

This year is "a much more stable landscape" for the marijuana sector than in 2023, the CEO of cannabis industry real estate investment trust (REIT) NewLake Capital Partners said as…

News March 11
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Netherlands irons out wrinkles in cannabis experiment ahead of full summer launch

Dutch authorities have ironed out issues involving the Netherlands' cannabis experiment, government and industry officials told MJBizDaily.

News March 11
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California county’s voters reject measure restricting marijuana cultivation

Voters in Humboldt County, California, soundly rejected a ballot initiative Tuesday that aimed to widely curb marijuana cultivation in that region.

News March 8
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