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Diversity is not the same as equity in US cannabis industry
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Cannabis firm Canopy raising $95 million in convertible debt offering
Canadian cannabis producer Canopy Growth Corp. entered into an agreement with an institutional investor for a convertible debt issuance worth up to $150 million (203 million Canadian dollars) in two…
News February 21
Delta-8 brouhaha creates marijuana opportunity in next federal Farm Bill
There’s a growing push in Washington DC for lawmakers to consider marijuana reform during discussions about the next Farm Bill.
News February 21
Canadian adult-use cannabis sales jump nearly 18% in 2022, hitting CA$4.5 billion
Canada's cannabis consumers spent 4.52 billion Canadian dollars ($3.35 billion) on regulated adult-use products in 2022, growing 17.9% over 2021's sales total, according to new retail sales data released Tuesday…
News February 21
Marijuana MSO MedMen evaluating sale of assets in three states
California-based marijuana multistate operator MedMen Enterprises has hired ATB Capital Markets to review and potentially help the company divest assets in three states.
News February 21
Budtenders at California cannabis retailer join Teamsters
Budtenders at Captain Jack’s Dispensary in San Bernardino, California, have become the latest group of cannabis workers to unionize.
News February 17
Montana proposal could give medical marijuana businesses a boost
A Republican lawmaker in Montana is seeking to eliminate sales taxes on medical marijuana, a move that could breathe life into the state's struggling MMJ market.
News February 17
Arizona firm 1606 raises $20 million for hemp and CBD acquisitions
Phoenix-based hemp and CBD retail and distribution company 1606 Corp. raised up to $20 million through an equity financing agreement with GHS Investments.
News February 17
Virginia Republicans move to defund state marijuana regulator
Republican lawmakers in Virginia want to cut nearly 70% of the Cannabis Control Authority’s budget, a move that creates further uncertainty for the state's nascent legal marijuana industry.
News February 17
Opinion: Native American cannabis businesses spread across United States
Native American tribes throughout the United States are investing in cannabis.
News February 17
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