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Colorado offers business-development aid for budding marijuana entrepreneurs

Colorado's up-and-coming marijuana companies could get a hand from the state via a new technical assistance program designed to provide education on business development.

News February 3
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Connecticut’s $3 million fee for social equity cannabis grower permits raises obstacles – and eyebrows

Connecticut opened the window Thursday to social equity applicants seeking to build and operate cannabis cultivation facilities totaling up to 250,000 square feet as part of the state's upcoming adult-use…

News February 3
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Marijuana MSO Columbia Care closes $185 million notes offering

Marijuana multistate company Columbia Care closed a private placement of senior notes worth $185 million.

News February 3
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Investor seeks to oust most of cannabis company Hexo’s board

An activist shareholder of Canadian cannabis producer Hexo Corp. is pushing to replace the majority of the company's board, with an eye to "turning around the underachieving company's disappointing performance."

News February 3
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Canopy vows to ‘forge forward,’ says no mold issues in marijuana greenhouses

An executive at Canadian licensed producer Canopy Growth acknowledged that images circulating on social media depicting cannabis plants laden with powdery mildew were taken at its facility in Smiths Falls,…

News February 3
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Mississippi governor signs medical cannabis legalization bill into law

Mississippi on Wednesday became the 39th state in the country and third in the Deep South to legalize medical marijuana after Republican Gov. Tate Reeves signed an MMJ bill into…

News February 2
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Despite loss of SPAC sparkle, cannabis investors still looking at investment targets

During the pandemic, interest in special purpose acquisition companies (SPAC) soared, as private cannabis-related businesses looked to these blank-check companies for quicker, easier access to public markets and the funding…

News February 2
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MedMen fights to keep NY marijuana permit, meet $114 million debt deadline

Marijuana multistate operator MedMen Enterprises is scrambling to keep its potentially lucrative New York operation while debt coming due in six months is forcing the company to try to sell…

News February 2
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California credit union to reward cannabis clients with dividend

A California credit union made a splash with its cannabis clients by saying it will be splitting a $250,000 dividend among its customers, including those in the marijuana industry.

News February 2
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