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Canadian marijuana stocks dumped by world’s largest sovereign fund

Norway’s sovereign wealth fund is excluding several Canadian companies because they produce recreational marijuana, which remains illegal in the Nordic country.

News September 8
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DC delays inspections of cannabis gifting stores

Officials in Washington DC are delaying planned inspections of cannabis gifting shops as the city grapples with search-and-seizure concerns and protocols.

News September 8
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Future of Ascend marijuana firm’s CEO in question after arrest on battery charge

The tenure of Ascend Wellness Holdings CEO Abner Kurtin has been thrown into question after the chief executive of the multistate marijuana operator was arrested in Florida and charged with…

News September 8
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UK rejects cannabis bill already approved by Bermuda lawmakers

The United Kingdom instructed the governor of Bermuda to reject the island nation's pending cannabis law on the basis that it breaches international obligations set out in United Nations drug-control…

News September 8
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Flora Growth subsidiary Just Brands acquires No Cap Hemp Co.

Florida-based Just Brands, a subsidiary of Toronto’s Flora Growth Corp., acquired all of No Cap Hemp Co.’s assets.

News September 8
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Hexo’s deal with Mike Tyson cannabis brand gets thumbs-down from Quebec, Alberta

Canadian cannabis producer Hexo Corp.'s partnership with boxing legend Mike Tyson's new company, Tyson 2.0, is off to a rocky start in Canada.

News September 8
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Cresco sells Pennsylvania cannabis property for $45M in leaseback deal

Multistate operator Cresco Labs closed on the sale of a Pennsylvania cannabis property under a $45 million sale-leaseback agreement with a Chicago-based real estate investment trust.

News September 7
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Resilience planning is essential to the success of a cannabis business

Early in the COVID-19 pandemic, the existential crisis was clear - the coronavirus threatened the fabric of society and many businesses’ ability to continue to operate normally. Marijuana was hit…

News September 7
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Missouri special session won’t take up adult-use marijuana legalization

Missouri legislators will not address legalizing adult-use marijuana during an upcoming special session, a potential win for advocates.

News September 7
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