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Opinion: 5 tips to prepare your cannabis company for a sale

Despite being great at cultivation, production, extraction or brand-building, many cannabis business owners are green when it comes to the nuts and bolts of preparing a multi-million dollar business for…

News May 4
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Connecticut-owned VC firm invests $1.25M in marijuana edibles maker

A venture capital investment vehicle owned by the state of Connecticut has invested $1.25 million in the marijuana edibles company 1906.

News May 4
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FDA issues first-ever warning letters on delta-8 THC

U.S. health authorities issued their first-ever warning letters about delta-8 THC Wednesday, saying the hemp-derived isomer "has psychoactive and intoxicating effects and may be dangerous to consumers."

News May 4
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Sundial CEO predicts ‘massive’ cannabis store closures in Canada

The CEO of one of Canada’s largest operators of adult-use cannabis stores is sounding the alarm over a wave of potential closures.

News May 4
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Cannabis producer CannTrust changes name to Phoena

Canadian cannabis producer CannTrust Equity has changed its name to Phoena Holdings.

News May 4
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Licensed marijuana sales in 2021 eclipsed coffee giant Starbucks

Regulated cannabis sales in the United States have outstripped the coffee giant’s North American sales by at least a third, according to the 2022 MJBiz Factbook.

News May 4
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Former US House Speaker Boehner sued over marijuana lobbying group

Former U.S. House Speaker John Boehner allegedly breached a contract with another prospective marijuana lobbying group to form the National Cannabis Roundtable, according to a lawsuit last month in Washington…

News May 3
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Connecticut moves to restrict cannabis advertising on border

Connecticut lawmakers are looking to place stricter restrictions on marijuana advertising, including barring billboard ads from marijuana retail stores along the Massachusetts border.

News May 3
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Scotts Miracle-Gro sees cannabis supply sales decline, buys nutrient brand

Lawn and garden products giant Scotts Miracle-Gro reported a 44% year-over-year quarterly sales decline in its cannabis-focused Hawthorne Gardening Co. division, as well as Hawthorne's acquisition of Australian hydroponic nutrient…

News May 3
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