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California marijuana farmers find some success in wine country – and lots of hurdles
Wine and weed seem like a fine pairing in California, but the two agricultural industries can’t always find common ground.
News October 11Sundial buying alcohol, cannabis retailer Alcanna for CA$346 million
Calgary, Alberta-based cannabis producer Sundial Growers said it has reached a deal to buy Alcanna, Canada’s largest private liquor retailer, for 346 million Canadian dollars ($277 million) in stock.
News October 8Marijuana MSO Curaleaf faces more Oregon suits over THC-CBD mix-up
Marijuana multistate operator Curaleaf now has been hit with four federal lawsuits in connection with a product-labeling snafu in Oregon that resulted in some customers ingesting high-THC instead of CBD…
News October 8Oklahoma advocates file two ballot initiatives to legalize adult-use cannabis
A marijuana advocacy group in Oklahoma has filed two initiative petitions to legalize adult-use cannabis sales and replace the state's medical marijuana regulatory agency.
News October 8Cannabis MSOs on buying spree in Florida in bid to take on Trulieve
Multistate operators have made a flurry of acquisitions in Florida totaling more than $500 million over the past year, aiming to make inroads into Trulieve Cannabis' domination of a medical…
News October 8Marijuana MSO 4Front expands in Massachusetts with $55M acquisition
Marijuana multistate operator 4Front Ventures signed a definitive agreement to acquire Massachusetts-based cultivator New England Cannabis Corp. (NECC) for $55 million, a move intended to expand 4Front’s wholesale operation in…
News October 7CA city revokes cannabis shop license after owner pleads guilty to bribery
The coastal California town of San Luis Obispo announced it was revoking a business license for Natural Healing Center, a cannabis shop whose owner, Helios Dayspring, pleaded guilty to two…
News October 7High Tide acquires majority of UK brand Blessed CBD for $12.4 million
Canadian cannabis retailer and e-commerce company High Tide has acquired 80% of Blessed CBD, a U.K. direct-to-consumer hemp-derived CBD brand, in a deal worth slightly more than 9 million British…
News October 7Item 9 to acquire Colorado marijuana retailer for Unity Rd. franchise
Vertically integrated cannabis company Item 9 Labs signed a deal to buy an unspecified licensed marijuana store in a Denver suburb for an undisclosed sum.
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