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Why word of mouth still drives cannabis deals
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Canadian recreational cannabis sales grow to CA$364.2 million in October
Regulated sales of recreational cannabis totaled 364.2 million Canadian dollars ($281.7 million) in October, a monthly record.
News December 21
Planet 13 to acquire marijuana producer Next Green Wave for CA$91 million
Planet 13 Holdings, a Nevada-based marijuana company with operations in California, agreed to a deal worth roughly 91 million Canadian dollars ($70.3 million) to acquire indoor cannabis producer Next Green…
News December 21
The importance of an open relationship between cannabis product manufacturers and labs
A new study of cannabis vape products from California collected during the vaping crisis of 2019 and 2020 underscored what many in the industry already know: The complexities of cannabis…
News December 21
Organigram acquires cannabis producer Laurentian Organic for at least CA$36M
Canadian cannabis producer Organigram Holdings acquired Quebec producer Laurentian Organic in a deal worth at least 36 million Canadian dollars ($27.8 million).
News December 21
Oregon adult-use marijuana company loses license for multiple violations
An Oregon adult-use marijuana producer must surrender its license after state regulators found it committed three violations
News December 21
Montana prepares for Jan. 1 launch of $325 million adult-use cannabis market
Montana cannabis businesses are gearing up for the scheduled Jan. 1 launch of the nation's newest adult-use program, with major changes in store for how companies operate and concerns about…
News December 21
Ohio recreational cannabis campaign submits 206,000 signatures to state
A campaign in Ohio to legalize recreational cannabis has turned in more than 200,000 signatures to the secretary of state in support of its proposed adult-use cannabis law.
News December 20
Two shareholders of marijuana producer Aphria face US fraud charges
Two Florida residents face charges related to their participation in an alleged insider trading scheme that generated roughly $4 million in profits in 2019, including approximately $2.2 million from trades…
News December 20
Dutch company buys Texas cannabis grow light firm for $272 million
A Dutch lighting giant signed a definitive agreement to acquire Texas-based Fluence, which provides grow lights to cannabis cultivators and other agricultural companies, for $272 million.
News December 20
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