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Can South Africa challenge Canada for global cannabis export dominance?
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New Jersey awards $12 million in grants to marijuana businesses
The New Jersey Economic Development Authority (NJEDA) awarded $12 million in grants to 48 marijuana businesses under the state's new Cannabis Equity Grant Program.
News October 5
Australian cannabis market posts brisk growth in first half of 2023
Australia’s medical cannabis industry remained in robust health during the first half of 2023, according to data from the Therapeutic Goods Administration (TGA), the country’s medicine and therapeutic regulatory agency.
News October 5
High Times parent, chair pay $600,000-plus to settle SEC charges
The parent company of cannabis publication and brand High Times as well as its board chair, Adam Levin, together paid more than $600,000 in fines to settle securities-fraud allegations connected…
News October 5
Canada’s cannabis ‘strategy table’ quietly met over summer
A group that was supposed to have been created by the Canadian government almost two years ago to shine a light on major issues confronting the nation's struggling cannabis industry…
News October 5
Marijuana operator Vext Science to acquire 2 Ohio dispensaries, raise $10M
Arizona-based vertically integrated marijuana operator Vext Science has agreed to acquire two Ohio medical cannabis dispensaries for $9.8 million and plans to raise $10 million in a private placement of…
News October 4
Hearing set for challenge to adult-use cannabis appearing on Florida ballot
The Florida Supreme Court set a Nov. 8 date to hear oral arguments as to whether an adult-use cannabis legalization initiative can appear on the state's November 2024 ballot.
News October 4
Marijuana e-commerce platform Leafly regains Nasdaq compliance
Leafly Holdings says it is back in the good graces of the Nasdaq after meeting the stock exchange's minimum bid-price requirement.
News October 4
Tilray narrows loss to $56 million on record cannabis sales
Canadian cannabis producer Tilray Brands narrowed its loss to $56 million ($77 million Canadian dollars) in the first quarter on record sales of $177 million, the company said in its…
News October 4
Marijuana lab testing under scrutiny amid recalls, differing rules
State marijuana regulators, producers and other stakeholders are grappling with how to safeguard consumers at a time when lab-testing requirements and enforcement differ dramatically nationwide and large-scale product recalls are…
News October 4
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