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Diversity is not the same as equity in US cannabis industry
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Real Brands to acquire white-label CBD producer Boulder Botanical for $12M
CBD wellness product company Real Brands struck a $12 million deal to acquire Boulder Botanical & Bioscience Laboratories, a manufacturer of white-label herbal supplements and CBD products, from Frankens Investment…
News September 28
Nevada will open marijuana lounge application window Oct. 14
Nevada will start accepting applications next month for businesses seeking licenses to open marijuana consumption lounges statewide.
News September 28
Cannabis MSO Ascend unveils executive shake-up after former CEO charged with battery
Abner Kurtin, co-founder of Ascend Wellness Holdings, will move from his role as chief executive officer to executive chair of the board, the New York-headquartered cannabis multistate operator announced Wednesday.
News September 28
Marijuana M&A has cooled in 2022, but it’s ‘far from disastrous,’ insiders say
After 2021’s record-breaking year for mergers and acquisitions, many marijuana industry insiders predicted that 2022 would be an even more active year. But so far, that's not been the case.
News September 28
Canopy Growth quits Canadian cannabis retail business
Canadian cannabis company Canopy Growth Corp. has thrown in the towel on its bricks-and-mortar cannabis retail operations in Canada, selling off 28 corporate-owned stores under its Tweed and Tokyo Smoke…
News September 27
Lawsuit against marijuana MSO Green Thumb alleges sex, age discrimination
A former medical marijuana dispensary employee in Pennsylvania filed a lawsuit against Green Thumb Industries (GTI) accusing the Chicago-based multistate operator of age and sex discrimination.
News September 27
Two GOP Congress members criticize FDA for its lack of CBD oversight
Two Republican members of Congress want answers from the feds about regulations for CBD and other hemp-derived products.
News September 27
Mississippi reaps millions in medical marijuana fees before sales begin
The Mississippi government has collected millions of dollars in revenue from medical marijuana businesses, even though MMJ sales have not yet begun.
News September 27
Ontario Cannabis Store reviewing markup amid its soaring profits, private-sector losses
The Ontario Cannabis Store said Tuesday it is conducting “a holistic review” of its approach to pricing - including the markup it imposes on private marijuana business - after MJBizDaily…
News September 27
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