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Higher prices and barer shelves: California cannabis retailers face frustrated customers

Licensed marijuana retailers in California are struggling to cope with customers angry about price hikes and less product choice – a direct result of the state’s new packaging and testing regulations that took effect July 1. Here’s a look at some of the concerns related to the state’s current business environment as well as how some companies are […]

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Potential $325M-$425M Michigan medical marijuana market braces for more turmoil

Michigan’s medical marijuana industry is girding itself for a heap of disorder – including possible product shortages and revenue losses to the black market  – unless state regulators approve many more business licenses by next month’s deadline, experts warn. Regulators have approved only 16 medical cannabis licenses, including seven dispensaries, under a new statewide regulatory […]

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Week in Review: California cannabis home delivery, the ‘real’ Sanjay Gupta & ND to vote on adult-use MJ

California cities push back on proposed regulation changes around home marijuana deliveries, a Canadian CBD company signs a branding agreement with “Dr. Sanjay Gupta” – but not the one you may think – and a North Dakota recreational cannabis measure gets approved for the November ballot. Here’s a closer look at some notable developments in […]

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Breaking down the big deal behind Constellation’s bet on cannabis and Wall Street’s involvement

Constellation Brands’ multibillion-dollar wager on Canopy Growth is huge – record setting even – but a much larger story is lighting up across the cannabis industry: Wall Street has arrived. Financial heavyweights Goldman Sachs and Bank of America Merrill Lynch are officially dabbling in the marijuana industry now, which is a move observers call a […]

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Alleged fraud, theft, defamation, drug abuse: Longtime marijuana industry insiders prep for court battle

A legal battle royale between two cannabis consulting firms in Los Angeles will pit industry insiders and former friends against each other in a case that exemplifies how cutthroat the marijuana business has become. In one corner is Avis Bulbulyan, CEO of Siva Enterprises and a member of the California Cannabis Advisory Committee, which works […]

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Bruce Linton discusses deploying CA$5 billion, Canopy’s commitment to international growth

Canopy Growth, a Canadian medical marijuana giant, is taking a massive 5 billion Canadian dollar ($3.8 billion) investment and going all in on worldwide medical and recreational cannabis business opportunities, the company’s CEO, Bruce Linton, said Thursday during an exclusive, wide-ranging question-and-answer session at MJBizConINT’L in Toronto.

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‘Global paradigm shift’: International cannabis business opportunities will accelerate

Hours after Constellation Brands announced its marijuana-industry-record investment of 5 billion Canadian  dollars ($3.8 billion) in Canada’s Canopy Growth, experts told cannabis entrepreneurs and investors at MJBizConINT’L in Toronto on Wednesday that global cannabis business opportunities will rapidly accelerate. The move by Constellation – which owns, distributes and markets 100 beer, wine and spirits brands, including Corona and Robert […]

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