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Akanda signs nonbinding deal to sell Portuguese cannabis firm for $2 million

International medical cannabis company Akanda Corp. has entered into an amended nonbinding letter of intent to sell RPK Biopharma Unipessoal, its Portuguese subsidiary, to Somai Pharmaceuticals.

News February 5
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California marijuana company Blüm shuts Unrivaled grow facility

California marijuana company Blüm Holdings has closed the last cultivation facility owned by its Unrivaled Brands subsidiary as it shifts to focus on cannabis retail and brands after a corporate…

News February 5
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Israel’s new rules might spur growth in medical cannabis industry

New rules implemented in January by Israel's Ministry of Health to ease the path for physicians approving medical cannabis - along with further regulatory changes later this year - are…

News February 5
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Michigan marijuana company buys 11 stores from in-state competitor

Stash Ventures, a vertically integrated marijuana company in Mount Pleasant, Michigan, acquired 11 stores from Cloud Cannabis Co. in Troy.

News February 2
Aerial view of the Parish Church of the Nativity of the Virgin Mary in Mellieha, Malta

Malta’s first adult-use ‘cannabis club’ begins recruitment, sales

Malta's first adult-use "cannabis club" opened this week, a little more than two years after the European Union country adopted a law that liberalized its marijuana rules.

News February 2
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Kentucky lawmaker introduces long-shot marijuana legalization bill

A Kentucky state lawmaker has introduced an adult-use marijuana legalization proposal, but the bill faces long odds to become law.

News February 2
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Oklahoma cannabis license numbers down by 27% since last year

The number of active cannabis licenses in Oklahoma dropped dramatically this year amid an oversupplied market, a crackdown on illicit operators and a moratorium on new permits.

News February 2
Image of a Cookies van in front of a Cookies store

New York lawsuit claims Cookies broke exclusive marijuana licensing deal

A longtime retail partner of marijuana company Cookies is suing the California-based brand in New York state, alleging the multistate operator broke an “exclusive” agreement for a branded adult-use outlet…

News February 2
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Opinion: Six Sigma principles can transform your cannabis grow

As competition increases in cannabis markets nationwide, operational efficiency has never been more important.

News February 2
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