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Canadian cannabis companies back off from US hemp CBD market

Back in the regulated marijuana industry's more heady days, a U.S. hemp-derived CBD subsidiary seemed like the must-have accessory for any Canadian cannabis company worth its bud.

News August 24
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Nevada regulators approve more marijuana consumption lounges

Nevada regulators have approved three more applications for marijuana consumption lounge licenses, including two concepts in the Las Vegas market.

News August 23
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Change at the top of cannabis producer Pure Sunfarms as Dosanjh departs

Mandesh Dosanjh stepped down as president and CEO of British Columbia-based cannabis company Pure Sunfarms.

News August 23
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Verano Holdings sues over lost medical marijuana license in Alabama

Chicago-based Verano Holdings filed a lawsuit against the Alabama Medical Cannabis Commission, less than two weeks after the agency revoked a business license it had initially awarded the marijuana multistate…

News August 23
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Canadian recreational cannabis sales jump 12% in June to CA$426 million

Sales of Canadian recreational cannabis jumped to 426.6 million Canadian dollars in June ($316.7 million), a year-over-year increase of 12%.

News August 23
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Court OKs stalking-horse bid for distressed marijuana operator Aleafia

Marijuana multistate operator Red White & Bloom's plans to acquire distressed Canadian company Aleafia Health is back on the table.

News August 23
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Text messaging provider Twilio cuts service to cannabis industry

Twilio, one of the nation’s largest communications-service providers for retailers, is prohibiting cannabis companies from using its software to reach customers, MJBizDaily has confirmed.

News August 23
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Jason Wild details how TerrAscend became a TSX trailblazer for US marijuana

TerrAsend Corp.'s Jason Wild discusses how the cannabis multistate operator uplisted to the Toronto Stock Exchange.

News August 23
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Trulieve Cannabis, Maryland town going to mediation in profit dispute

The Maryland town of Hancock and Florida-based Trulieve Cannabis are locked in a dispute over how much money the marijuana multistate operator owes the municipality as part of a unique…

News August 22
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