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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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Report: Delta 9 Cannabis, High Tide among Canada’s fastest-growing firms
A Canadian cannabis producer and retailer have earned spots on a national newspaper’s list of the country’s fastest-growing businesses. Delta 9 Cannabis and High Tide placed seventh and 82nd, respectively,…
News September 24
New Ohio SPAC raising $30.5 million for wellness acquisitions, including CBD
A new special purpose acquisition company (SPAC) started by Ohio marijuana industry players is raising money to acquire small wellness brands.
News September 24
Hall of Flowers: Optimism mixed with realism at return of in-person marijuana events
Cannabis retailers, growers and businesspeople of varying stripes reported an upbeat outlook at this week's Hall of Flowers conference in California, saying they're bullish on prospects for expansion and increased…
News September 24
US House passes cannabis banking reform as part of defense legislation
The U.S. House of Representatives passed a defense budget bill Thursday evening that includes landmark legislation to make it easier for banks to serve marijuana businesses, but it appears a…
News September 23
Crain buys cannabis financial news brand Green Market Report
Detroit-headquartered media company Crain Communications acquired Green Market Report, a female-founded digital outlet that covers financial news in the cannabis industry.
News September 23
New York’s marijuana regulatory board finally in place
New York's governor appointed the final two members of the board that will oversee the state's nascent recreational marijuana program, meaning there might soon be some movement in getting the…
News September 23
Aurora Cannabis cutting 8% of workforce, closing facility in Edmonton
Aurora Cannabis is closing its manufacturing facility at Edmonton International Airport, a move that is expected to impact approximately 8% of its global workforce, the company confirmed in an email…
News September 23
Cresco to acquire Cure Pennsylvania’s 3 cannabis dispensaries for $90 million
Chicago-based marijuana multistate operator Cresco Labs announced a $90 million cash-and-stock deal to acquire Bay, also known as Cure Pennsylvania, and its three medical cannabis dispensaries. Cresco did not specify…
News September 23
Canadian retail marijuana sales hit record CA$338.9 million in July
Canadian sales of legal adult-use marijuana continued a monthslong growth trend in July, increasing 6.2% over June to a record 338.9 million Canadian dollars ($267.8 million). June’s sales total was…
News September 23
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