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Senate Democrat signs onto Trump-defying Republican proposal to ban hemp THC
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Marijuana SPAC Greenrose secures up to $103 million from Canadian firm
Marijuana industry special purpose acquisition company (SPAC) Greenrose Acquisition Corp. said it has reached agreements for up to $103 million in funding from SunStream Bancorp.
News August 5
Using predatory bugs in cannabis grows can keep hemp russet mites at bay
A relatively unknown predatory mite can stave off potentially disastrous infestations of hemp russet mites in marijuana and hemp production when used in the right conditions.
News August 5
Verano’s latest acquisition + the upside of cannabis SPACs
Verano Holdings Corp. (CSE: VRNO; OTCQX: VRNOF) announced the acquisition of WSCC, which operates as Sierra Well, a Nevada-based vertically integrated operator.
News August 4
Cannabis REIT acquires Illinois property for $50.25M; 4Front to operate
Innovative Industrial Properties (IIP) closed on the acquisition of a property in Illinois and entered into a long-term lease with a subsidiary of 4Front Ventures Corp. to run the business.
News August 4
Oklahoma medical marijuana regulators sued over new business rules
Two Oklahoma attorneys sued the state’s medical marijuana regulators, claiming the MMJ board didn’t adhere to public meeting laws in adopting new emergency rules that have a wide range of…
News August 4
Hydrofarm continues acquisition spree, buys Canadian cannabis firm for $83M
Hydrofarm Holdings Group is on an acquisition tear in the cannabis cultivation infrastructure space. In its fourth purchase of the year, the Pennsylvania-based company bought Canadian plant nutrients firm Greenstar…
News August 4
Beena Goldenberg appointed CEO of Canadian marijuana firm Organigram
Canadian marijuana producer Organigram Holdings hired Beena Goldenberg as its new chief executive officer, effective Sept. 9. The move makes Organigram the only major publicly traded Canadian cannabis company with…
News August 4
How supplemental lighting can be used for outdoor cannabis cultivation
Traditionally when growing cannabis, the thought is to simply apply over 18 hours of light per day to keep plants vegetative and switch to 12 hours to induce flowering. This…
News August 4
Canopy execs earn raises, bonuses after cannabis giant loses CA$1.7 billion
Executives for cannabis producer Canopy Growth received more than 4 million Canadian dollars ($3.2 million) in cash bonuses after making “solid progress in the year,” according to a regulatory filing,…
News August 3
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