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Schwazze acquires Colorado marijuana store for $4 million and stock

Colorado-based retail chain Schwazze said it acquired the cannabis shop Smokin’ Gun Apothecary in the Denver suburb of Glendale for $4 million and 100,000 shares of stock. The vertically integrated…

News November 16
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How accounting practices can impact cannabis industry deals

As the cannabis industry has begun to mature, there has been a surge in mergers and acquisitions, joint ventures, partnerships and other combinations.

News November 16
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Village Farms buys Quebec cannabis producer for CA$46.7 million

Village Farms International bought a majority stake in Quebec-based licensed cannabis producer and distributor Rose LifeScience, fulfilling the Florida-heaquartered company’s pledge to gain a foothold in Canada’s second-biggest marijuana market…

News November 15
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Creating a better cannabis cultivation facility while strengthening relationships with third-party testing labs

Want to create a better cannabis-cultivation facility while strengthening relationships with third-party testing laboratories? Consider using a Fourier transform-near infrared (FT-NIR) spectrometer for mandatory compliance analyses.

News November 15
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Oregon county seeks $7.3 million to help fight illegal marijuana grows

Officials in Jackson County in southern Oregon plan to ask the state for nearly $7.3 million to fight illegal cannabis cultivation operations.

News November 15
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South Carolina Republican reveals marijuana legalization bill she’ll introduce in Congress

A new Republican-led push to legalize marijuana in the United States was unveiled Monday by U.S. Rep. Nancy Mace from South Carolina, raising industry hopes that some form of bipartisan…

News November 15
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Auxly Cannabis reports CA$13.5 million loss on record revenue

Marijuana producer Auxly Cannabis Group reported record revenue for the three months ended Sept. 30, although the company lost 15.4 million Canadian dollars ($12 million), according to financial results the…

News November 15
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Metrc acquires Guam’s marijuana track-and-trace contract

Marijuana track-and-trace service Metrc signed a contract to provide seed-to-sale traceability services to the U.S. territory of Guam, the Florida-based company said Monday.

News November 15
A chart showing Connecticut's projected cannabis sales.

Connecticut set to launch recreational marijuana market before New York

Connecticut’s projected $750 million recreational marijuana market is unlikely to match the size of neighboring New York's, but it’s poised to launch first and might turn out to have as…

News November 15
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