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The cannabis CEO behind a $2.1 billion sale bets again, but smaller
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CA cannabis grower agrees to $825K class-action wage settlement
A California marijuana grower accused of cheating hourly employees out of overtime pay has agreed to a class-action settlement worth some $825,000.
News July 20
Denver weighs marijuana delivery and social equity changes
The Denver City Council is considering a proposal that would require marijuana retailers to use only social equity-owned transporters for delivery to customers.
News July 20
Seven US marijuana CEOs saw compensation top $4 million in 2021
Top executives at the largest publicly traded U.S. marijuana companies each received up to $2.6 million in salary and bonuses in fiscal 2021, with stock and option awards boosting total…
News July 20
Cannabis tech platform Alleaves finalizes $40 million funding
Florida-based Alleaves, a cannabis enterprise resource planning (ERP) technology platform, said it is wrapping up a $40 million Series A funding round to accelerate a multistate commercial rollout.
News July 19
Canadian cannabis retailer High Tide sets CA$10 million public offering
Canadian adult-use cannabis retail giant High Tide announced a bought-deal public offering worth 10 million Canadian dollars ($7.7 million) as it waits for a pending non-dilutive financing deal to close.
News July 19
How a Canadian cannabis nursery got nearly CA$2 million in federal funding
Saskatchewan cannabis nursery Mother Labs' recent success securing 1.8 million Canadian dollars ($1.4 million) in federal funding shows how Canada's cannabis industry can benefit from government financing at a time…
News July 19
Marijuana MSO Red White & Bloom delays results due to audit
Marijuana multistate operator Red White & Bloom Brands said it expects another two-week delay in filing its 2021 annual report and first-quarter 2022 report as its finances continue to be…
News July 18
US House Democrats demand Senate pass its own marijuana banking bill
With midterm elections around the corner and the U.S. Congress in a rush to clear up unfinished business, a bipartisan group of lawmakers is growing increasingly frustrated that Senate Democrats…
News July 18
Making a scientific case to question THC-impairment testing
We have stronger evidence than ever that single measurements of delta-9 THC in breath or blood don’t always indicate impairment from recent cannabis use.
News July 15
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