U.S.-affiliated medical cannabis companies dominated Canadian Securities Exchange (CSE) fundraising in 2018, raising nearly $2 billion through 50 equity-related deals. As of December 2018, 47% of the 124 cannabis-related companies trading on the CSE were based in the United States or had U.S. assets or interests. Cannabis-related companies in the life sciences sector – which […]Read More
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When California marijuana dispensary owner Chris Jennings decided to apply for a cultivation license in 2016, he helped organize a meeting for growers to discuss water and other natural resource regulations with several city and county officials.Read More
The three owners of the shuttered Sweet Leaf dispensary chain and cannabis grower in Colorado were each sentenced to one year in prison Friday for their roles in an illegal, multimillion-dollar sales scheme in what Denver officials called the first local prosecution of a legal marijuana enterprise in the United States.Read More
Florida’s governor wants to open the state’s medical marijuana market, New Jersey and Illinois offer cannabis as an alternative to opioids – plus other important news from around the marijuana industry.Read More
Only three weeks into January, observers likely have noticed a big dip in the amount of capital raised so far this year compared to the same period in 2018.Read More
The U.S. Congress always has been slow to act, but that’s been especially true for marijuana reform, which has been a stigmatized issue for decades.
As a result, cannabis companies have been waiting and hoping for years that Congress will take action to guarantee banking access to law-abiding marijuana businesses and ease the excessive tax burden from 280E.Read More
In January’s issue of Marijuana Business Magazine, 22 women who are innovating the next year in the cannabis industry offer advice, cultivators give hard-earned insight…Read More
The legalization of recreational marijuana appears poised to sweep across the Northeast, which could result in billions of dollars of business opportunities over the next few years in a densely populated region of the nation. “Now that there’s (retail marijuana) stores in Massachusetts, we are really starting to see the dominoes fall,” said Matt Schweich, […]Read More
Canadian medical cannabis companies are increasingly looking internationally for acquisitions to tap growth while consolidation in the country’s marijuana sector continues to steam ahead. Last year, 140 U.S. cannabis companies were targets of mergers and acquisitions, a substantial increase over 2017’s 86, according to data compiled by Viridian Capital Advisors and shared with Marijuana Business […]Read More
California’s fully legal recreational marijuana market is now more than a year old, but is it maturing?
Sort of.Read More
Illinois’ medical marijuana program posted steady growth in 2018, pulling in $133 million in dispensary sales while increasing patient enrollment 66% over the course of the year. Moreover, Illinois dispensaries are poised to post additional sales gains this year thanks to a new state law that could spur residents to opt for MMJ versus opioids […]Read More