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Diversity is not the same as equity in US cannabis industry
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Marijuana tech firm Dutchie sues software firm Akerna in Pennsylvania
Marijuana e-commerce platform Dutchie is suing cannabis technology software firm Akerna Corp. over what it claims is a violation of Pennsylvania law.
News January 23
Colombian cannabis firm Clever Leaves to exit Portugal, cut 21% of workforce
Colombian cannabis producer Clever Leaves Holdings plans to cut almost one-quarter of its total workforce and wind-down operations in Portugal as part of a major restructuring effort.
News January 23
Marijuana M&A: Distressed, smaller and failed deals expected in 2023
Are blockbuster, billion-dollar marijuana mergers and acquisitions behind us? Possibly, say insiders. But they also predict 2023 will feature brisk cannabis M&A activity, with the overall value of transactions possibly…
News January 23
New Maryland governor releases $46 million for adult-use cannabis program
On his first full day in office, Maryland Gov. Wes Moore directed the state to spend $46.5 million to set up the recently legalized state’s adult-use cannabis marketplace.
News January 20
Michigan marijuana sales set December record at $221 million
Michigan's record-breaking marijuana sales in December brought the state's total for the year to $2.3 billion.
News January 20
Cannabis company Hexo regains Nasdaq compliance after share consolidation
Hexo Corp. has regained compliance with the Nasdaq's minimum bid price, allowing the Canadian cannabis company to continue listing its shares on the U.S. stock exchange.
News January 20
Nevada finds Clark County marijuana grower used unapproved pesticide
Nevada regulators have determined that some marijuana products from a Clark County-based cultivator were doused with an unapproved pesticide.
News January 20
Study links THC-O acetate with severe lung disease
A study from the Journal of Medical Toxicology links smoking THC-O acetate, an emerging synthetic cannabinoid, with the potential to trigger the same lung illness that resulted in dozens of deaths…
News January 20
Canadian recreational cannabis sales fall for second straight month
Consumer sales of recreational cannabis products in November 2022 fell in almost every Canadian province and major city, according to newly released data by Statistics Canada.
News January 20
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