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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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Marijuana 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 7
CA 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 7
High 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 7
Item 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.
News October 7
Ontario making cannabis delivery permanent for province’s 1,000-plus stores
Ontario plans to permanently enable cannabis stores to offer delivery and curbside-pickup services, the Canadian province announced Thursday, a move that likely would provide a major boost for many of…
News October 7
Tilray CEO open to M&A in Canada as cannabis revenue misses target
Canadian cannabis producer Tilray reported net revenue of $168 million (210 million Canadian dollars) for the June-August quarter, the first full quarter of sales after the merger between Aphria and…
News October 7
Marijuana edibles makers revamp product labels to attract newer consumers
Cannabis edible manufacturers are becoming more sophisticated by simplifying their labeling in a bid to woo customers and boost sales.
News October 7
Is cannabis industry on the precipice of change after Trulieve-Harvest deal?
Trulieve’s (CSE: TRUL; OTCQX: TCNNF) acquisition of Harvest Health & Recreation (CSE: HARV; OTCQX: HRVSF) creates the largest U.S. multistate operator ranked by second-quarter sales.
News October 6
Trulieve plans massive marijuana production plant with $2 million PA grant
Florida-based Trulieve Cannabis reportedly is planning to build a mammoth, half-million-square-foot cultivation and processing operation at a former steel mill in Pennsylvania with the help of a $2 million state…
News October 6
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