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Detroit suburb lands first licensed Michigan marijuana consumption lounge
Michigan's first licensed marijuana consumption lounge is set to open this month in the Detroit suburb of Hazel Park.
News March 24Aurora deepens ‘premium’ cannabis focus via CA$38M TerraFarma acquisition
Aurora Cannabis reached a deal to buy TerraFarma, the parent company of craft producer Thrive Cannabis, in a bid to reinforce its “premiumization” strategy and become profitable by the spring…
News March 24How living soil can reduce marijuana growers’ impact on the environment
Maintaining healthy soil can help cannabis cultivators reduce their impact on the environment by using less water and fewer additional nutrients, as well as reducing waste. One common approach to…
News March 24Investor-pitching tips for cannabis entrepreneurs
"Show me the money." The classic line from the film “Jerry Maguire” reverberates through many of the pitches entrepreneurs make to investors for funding. In one sense, of course, the…
News March 23Detroit again delays launching recreational cannabis market
Detroit failed once more to follow through on a promised recreational marijuana ordinance that would allow entrepreneurs to launch adult-use businesses, this time delaying a City Council vote on the…
News March 23Metrc lands South Dakota’s medical marijuana track-and-trace contract
Florida-based seed-to-sale traceability company Metrc signed a contract to provide track-and-trace services to South Dakota’s medical cannabis program.
News March 23High gasoline prices undermining cannabis delivery firms, driving some to go electric
Skyrocketing gasoline prices are putting pressure on North American cannabis delivery companies, many of which are already struggling to be profitable while paying out high regulatory fees and operational costs.
News March 23Cresco Labs to buy rival marijuana MSO Columbia Care in $2 billion deal
Major multistate cannabis operators Cresco Labs and Columbia Care said Wednesday they have agreed to combine in a blockbuster deal worth roughly $2 billion, with Chicago-based Cresco set to acquire…
News March 23UT bars smokable hemp, CBD in food, gives hemp oversight to US
Utah banned smokable hemp and CBD in food under a new law that also shifts oversight of the plant's production to the U.S. Department of Agriculture.
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