MJBizDaily
Why word of mouth still drives cannabis deals
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Making sense of a questionable cannabis investment & acquisition tips
While capital has become more accessible for many marijuana firms, sometimes the decision to extend funds is more about protecting a position than actually supporting a cannabis operator’s trajectory.
News January 5
RICO lawsuit targets Oklahoma medical cannabis business
An anti-racketeering lawsuit seeks to shut down a licensed medical cannabis company in Oklahoma and multiple associated entities.
News January 5
Connecticut to start taking adult-use marijuana applications next month
Connecticut marijuana regulators will begin accepting adult-use social equity cultivation and retailer license applications on Feb. 3, with the launch of recreational sales anticipated “by the end of 2022.”
News January 5
Cannabis MSO MariMed to acquire Kind Therapeutics of Maryland for $20 million
Cannabis company MariMed announced a $20 million deal to acquire Kind Therapeutics, a vertically integrated medical marijuana business in Maryland.
News January 5
What cannabis companies should know about using mailers as a marketing tool
Kentucky-based Cornbread Hemp has included mailers in its marketing strategy for at least two years. But a recent tweak to the company's messaging on a promotional postcard brought more attention…
News January 5
Analysts cut hundreds of millions from Tilray, Canopy, Aurora marijuana sales forecasts
Analysts have slashed hundreds of millions of dollars off their 2022 sales forecasts for three Canadian cannabis producers, reflecting an increasingly competitive landscape across the adult-use industry, falling overall prices…
News January 5
Despite expected sales decline, Scotts Miracle-Gro expands cannabis holdings
Scotts Miracle-Gro said that first-quarter sales of its Hawthorne Gardening Co. hydroponic business are expected to decline about 40% because of a slowdown in the cannabis market and supply-chain disruptions.
News January 4
Marijuana industry lender AFC Gamma common stock offering seeks to raise $61.5M
Marijuana industry real estate financier AFC Gamma launched an underwritten public offering of 3 million shares of common stock.
News January 4
Aurora sends its largest ever medical cannabis shipment to Israel, worth CA$10 million
Edmonton, Alberta-based Aurora Cannabis sent its largest ever shipment of medical marijuana to the fast-expanding Israeli market, the company announced Tuesday.
News January 4
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