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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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Female cannabis execs discuss how to achieve gender equity
Gender equity across the cannabis industry is still lacking – especially in ownership and executive positions. And it’s a problem that appears to be getting worse. MJBizDaily recently completed its…
News October 15
Cresco spending $80 million to acquire another Pennsylvania marijuana firm
Chicago-based Cresco Labs said Thursday it will acquire Pennsylvania-based Laurel Harvest Labs in a cash-and-stock deal worth $80 million. The acquisition is the multistate operator’s second in less than a…
News October 14
Cannabis real estate lender gets FDIC-backed credit line
Pelorus Equity Group, a California-based commercial real estate lender to cannabis-related businesses, said it has secured a federally insured $20 million line of credit. Pelorus said it believes it’s the…
News October 14
Oregon county declares state of emergency over illegal marijuana grows
A county in Southern Oregon is asking for more help to deal with a flood of illegal marijuana grows, declaring a state of emergency and asking for the governor and…
News October 14
Canada’s Canopy agrees to pay $297 million for right to buy US marijuana edibles maker Wana
Canopy Growth has struck a deal to buy leading U.S. edibles maker Wana Brands for $297.5 million in the latest wager by a large Canadian producer that the United States…
News October 14
Medical cannabis spending in Canada hits 5-year low in first half
Canadian spending on medical cannabis fell to a five-year low in the first half of 2021, according to new data from Statistics Canada, as recreational marijuana reached record sales and…
News October 14
Marijuana tech firm Dutchie raises $350 million as big funding deals flourish
Cannabis retail technology firm Dutchie announced it has snagged $350 million of funding to support its fast growth, the latest in a frenzy of $100-million-plus capital raises that signal marijuana…
News October 14
Truthfulness key to successful cannabis M&A + creative corporate finance
Marijuana multistate operator Parallel and special acquisition corporation Ceres Acquisition Corp. recently called off their $1.9 billion blockbuster merger.
News October 13
Mississippi still pondering special legislative session on medical cannabis
State lawmakers in Mississippi might yet have a special session in an attempt to strike a legislative deal to legalize medical cannabis in the state.
News October 13
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