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US tobacco firm Pyxus International sells Canadian cannabis subsidiaries

U.S. tobacco company Pyxus International has sold off its Canadian cannabis subsidiaries, according to a media report and court filings. North Carolina-based Pyxus announced in January that it was divesting…

News June 24
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Denver taking applications for marijuana delivery and other businesses

The city of Denver, one of the country's longest-running and most established marijuana markets, is taking applications for cannabis delivery licenses, a first for the city, but new licenses will…

News June 24
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Cannabis REIT AFC Gamma looks to raise at least $56 million

Florida-based marijuana industry real estate trust (REIT) AFC Gamma has priced an underwritten public offering to raise approximately $56.4 million before expenses. The offering includes 2.75 million common shares of…

News June 24
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Shopping for used cannabis extraction equipment? Insiders dish 6 key do’s and don’ts

Used extraction equipment is white-hot right now in the cannabis industry. Manufacturers who refurbish extractors say they can't keep up with demand, and the thriving secondhand market gives established players…

News June 24
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Where a cannabis company trades can have a big impact on liquidity, valuation

Though access to capital for public cannabis companies improved in early 2021, liquidity remains low for the U.S. plant-touching operators in comparison to the Canadian licensed producers. U.S. operators have…

News June 23
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90-plus marijuana delivery license applications begun in Massachusetts

Over 90 marijuana delivery license applications have been started, and 31 permit applications have already been submitted to regulators, the Massachusetts Cannabis Control Commission chief said.

News June 23
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Canada posts second straight month of record cannabis sales

Canada posted record cannabis sales for the second consecutive month in April, with adult-use marijuana retailers in British Columbia and Ontario leading the way. April’s online and in-store sales of regulated…

News June 23
A map showing where high temperatures will be impacting cannabis cultivators.

How cannabis growers can manage unseasonably warm temperatures

In unseasonable heat, marijuana and hemp plants can wilt, droop, curl and even stop trichome production. Overheated plants will also experience slow nutrient uptake and perspire too quickly.

News June 23
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Rhode Island Senate passes recreational cannabis legalization bill

The upper chamber of the Rhode Island General Assembly on Tuesday easily approved a bill to legalize recreational cannabis, and the measure now heads to the House of Representatives for…

News June 22
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