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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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UN report: Cannabis markets likely grew because of pandemic
A new report by the United Nations Office on Drugs and Crime says the coronavirus pandemic created circumstances that likely caused cannabis markets in some parts of the world to…
News June 25
Marijuana MSO PharmaCann completes $85 million debt offering
Multistate marijuana operator PharmaCann has completed a private debt offering of $85 million worth of senior secured notes at a 12% interest rate.
News June 25
Arizona cannabis businesses recall products for salmonella, mold
Arizona marijuana retailers have issued a voluntary recall for eight products following the discovery on Wednesday by state regulators that some of the merchandise may have been contaminated with salmonella…
News June 25
Canada’s High Tide buying US marijuana accessory retailer for $10M
High Tide, an Alberta-based cannabis retail chain that owns several cannabis accessory and CBD retailers outside of Canada, is acquiring U.S. online marijuana accessories retailer Daily High Club. Daily High…
News June 25
Upheaval often follows after legacy marijuana companies go public
After the famed Oakland, California-based marijuana dispensary Harborside went public in 2019, long-term employees noticed a change within the company: a cultural shift from the activist roots of Harborside's founders…
News June 25
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
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
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
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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