MJBizDaily
Why word of mouth still drives cannabis deals
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Marijuana website Leafly, SPAC partner raise $30M; merger vote delayed
Online marijuana platform Leafly Holdings said it secured $30 million in new funding in relation to its pending merger with special purpose acquisition company (SPAC) Merida Capital Holdings.
News January 12
Canadian government hosting cannabis industry diversity forums
The Canadian government is hosting two public forums this month to learn how it can support existing and potential cannabis industry stakeholders from Black, Indigenous and other diverse communities
News January 12
Curaleaf director, others sue Oregon CBD startup for $60 million
Investors who include Curaleaf Holdings Executive Chair Boris Jordan filed a $60 million lawsuit alleging they were induced into funding an Oregon CBD startup based on false and misleading information.
News January 12
Marijuana company Viola closes $13 million funding round
Los Angeles-based marijuana multistate operator Viola Brands closed a $13 million equity funding round with the aim to expand into several new markets.
News January 12
GB Sciences exits cannabis cultivation with $8 million sale of Las Vegas site
Las Vegas-based GB Sciences is leaving the cannabis cultivation space to pursue further interests in the biopharmaceutical industry.
News January 12
Outlook dim for US marijuana legalization in 2022, but banking reform alive
The federal marijuana reform landscape in 2022 is cloudy, with most national insiders doubting a comprehensive legalization bill will succeed just yet given the unfavorable political dynamics in Washington DC.
News January 12
Kansas lawmaker wants to refer medical marijuana legalization to voters
A Democratic lawmaker in Kansas said he will propose a resolution next week to refer medical marijuana legalization to voters in the fall.
News January 11
Organigram loss narrows on brisk cannabis sales
New Brunswick cannabis producer Organigram’s loss narrowed to 1.3 million Canadian dollars ($1 million) as adult-use sales soared over 70% compared to the comparable year-ago period, according to the company’s…
News January 11
Marijuana producer Tilray buys two more craft beer brands for $5.1 million
Marijuana producer Tilray Brands acquired two California craft beer brands in late 2021, Alpine and Green Flash, in a cash and stock deal worth $5.1 million (6.4 million Canadian dollars),…
News January 11
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