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Ukraine might depend on cannabis imports for years before local production is ready
Local industry watchers say it could be years before domestic cannabis cultivation in Ukraine is up and running after Parliament gave the green light to a draft law that will…
News January 18Michigan’s total marijuana sales reach $3 billion in 2023
Marijuana retailers in Michigan sold a whopping $3.06 billion in adult-use and medical products in 2023, according to data from the state's Cannabis Regulatory Agency.
News January 17Cannabis prospectuses in Ontario fell dramatically in 2023, data shows
The number of prospectuses filed in Ontario by cannabis companies in connection with public offerings of securities declined dramatically in 2023 compared to previous years, according to new data from…
News January 17Marijuana rescheduling doesn’t open door to Big Pharma takeover, report says
The Biden administration’s push to reclassify marijuana under federal law would not by itself open the door for pharmaceutical companies to seize control of the $34 billion legal U.S. cannabis…
News January 17Wisconsin Assembly speaker rejects compromise on medical cannabis bill
Wisconsin State Assembly Speaker Robin Vos says he won't amend a Republican bill that would create a restrictive medical cannabis regime, despite opposition from some fellow GOP lawmakers.
News January 17Marijuana operator Unrivaled Brands completes reorg, reverse stock split
California marijuana company Unrivaled Brands is now under the Blüm Holdings umbrella after completing a previously announced strategic reorganization and reverse stock split.
News January 17Panama awards licenses to 7 medical cannabis businesses
Seven companies in Panama were granted licenses to manufacture medical cannabis products after a lengthy evaluation by the country’s National Directorate of Pharmacy and Drugs.
News January 17Feds weighed state-regulated MMJ programs, compared marijuana to alcohol in rescheduling recommendation
State-regulated medical cannabis programs and illicit users are at least in part to thank for the Biden administration’s recommendation that marijuana be moved from Schedule 1 to Schedule 3 of…
News January 17Cannabis operator Canopy Growth terminates $30M private placement
A private placement of shares and warrants announced by Canopy Growth Corp. was terminated only three days after it was unveiled, the Canadian cannabis operator disclosed in a regulatory filing…
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