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Cannabis industry encouraged as DEA marijuana rescheduling hearings conclude
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CBD maker Charlotte’s Web lands $56.8M investment from tobacco giant
Charlotte’s Web Holdings said it secured a $56.8 million investment from a British American Tobacco subsidiary, a deal that gives the multinational tobacco giant a 19.9% stake in the Colorado-based CBD…
News November 15
MO could begin recreational marijuana sales by early February, official says
Missouri could begin recreational marijuana sales in early February or before, a spokesperson for the state said, which is quicker than originally expected.
News November 15
Is SAFE Banking a threat to cannabis-specific finance companies?
Cannabis-focused finance, security and insurance company operators that emerged to fill gaps through federal prohibition have a strong message to the likely competition that will come should marijuana banking reform…
News November 15
High Times parent buys Moxie’s California marijuana operations
The parent company of the High Times marijuana brand signed a definitive agreement to acquire the California operations of multistate company Moxie.
News November 14
Small Humboldt County cannabis farmers go direct to consumers
Efforts from small marijuana farmers in California’s famed Emerald Triangle to reach consumers directly is gaining traction in the market.
News November 14
Charlotte’s Web signs CBD distribution deal with European product importer
Colorado-based CBD and hemp company Charlotte's Web Holdings signed a distribution deal with Stark Foods International, an importer and distributor of European specialty foods and beauty products.
News November 14
California voters approve a dozen cannabis ballot measures to expand retail
California voters approved 12 local ballot measures in the 2022 midterm elections that will either expand or create retail cannabis markets in a dozen municipalities, with most of the gains…
News November 14
Illinois licenses first social equity adult-use marijuana retailers
Illinois regulators issued the state’s first social equity adult-use marijuana retail license to an ownership group comprised of “wealthy and connected” Chicago entrepreneurs, including a former police officer.
News November 11
Aurora Cannabis reports CA$51.9 million loss in first quarter
Canadian producer Aurora Cannabis reported a net loss of 51.9 million Canadian dollars ($39.1 million) for the first quarter of its 2023 fiscal year.
News November 11
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