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The cannabis industry is having a price compression crisis. What’s the solution?
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Arizona group plans marijuana-friendly Las Vegas hotel with $11.9M acquisition
A boutique hotel property near the Las Vegas Strip has been sold to an Arizona company with plans to renovate the property and turn it into a marijuana-friendly venue.
News March 30
Cannabis manufacturer Valens raises $22.5 million in bought deal offering
Canadian cannabis product manufacturer The Valens Co. announced a bought deal offering worth $22.5 million (28.1 million Canadian dollars) with an over-allotment option.
News March 30
VT taking prequalification applications for recreational marijuana businesses
Vermont regulators have begun taking prequalification applications from would-be cannabis cultivators, product manufacturers, retailers and others as the state readies for recreational marijuana sales to start in the fall.
News March 30
How cannabis companies are capitalizing on 4/20 amid easing COVID-19 restrictions
As the biggest shopping day of the year for the cannabis industry approaches, businesses are preparing for 4/20 with loosened COVID-19 pandemic restrictions and a focus on selling flower, mainly…
News March 30
Company tapped by DEA to grow marijuana for research files to list on Nasdaq
A Florida company with "conditional approval" from the U.S. Drug Enforcement Administration to cultivate marijuana for research purposes could become the first U.S.-based plant-touching business to trade on the Nasdaq…
News March 29
Cannabis industry scathing in its review of Biden ban on Washington DC sales
Marijuana industry officials sharply criticized President Joe Biden’s proposed $5.8 trillion budget, which maintains a ban on adult-use cannabis sales in Washington DC despite strong public support for the program.
News March 29
New lawsuit filed over Arizona’s adult-use marijuana social equity licensing
Arizona regulators are facing a third lawsuit over marijuana social equity licensing in the state.
News March 29
Deadline is imminent for California provisional cannabis licensing
The final day of this month - Thursday, March 31 - marks the final opportunity for most California cannabis companies to apply for provisional licenses in the state - if…
News March 29
Cresco’s marijuana asset sales could hit $500 million after Columbia Care deal, analysts say
Cresco Labs is expected to sell off $250 million-$500 million worth of marijuana cultivation and retail licenses largely to meet state license limits as part of its planned $2 billion…
News March 29
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