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Hexo leapfrogs competitors with CA$925 million deal for rival cannabis producer Redecan

Canadian cannabis producer Hexo Corp. struck a definitive deal to buy one of the leading adult-use producers in the country by market share in a cash and stock deal worth…

News May 28
An Ontario marijuana store with an "opening soon" sign

Retail shakeout expected as Ontario heads toward 1,000 cannabis stores

Ontario is projected to reach 1,000 licensed marijuana retailers by the end of this summer, marking a key growth milestone in Canada’s largest provincial cannabis market. That rapid market expansion,…

News May 28
A chart showing Q1 2021 revenue and percentage growth from Q4 2020 from U.S. marijuana MSOs.

Marijuana MSOs report stellar financials; megamergers could heat up

U.S. marijuana multistate operators reported banner revenue growth in the first three months of this year, boosted by good execution and strong consumer demand in established and newer markets.

News May 28
South Dakota

South Dakota medical cannabis market may face reluctant doctors

South Dakota’s physicians are divided about recommending medical cannabis, an issue that could constrain the development of a market in the state.

News May 27
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Southern California marijuana farmers notch legal victory

Marijuana growers in California’s famed wine region of Santa Barbara County scored a major legal victory in court over opponents of the growing cultivation sector who had sought to curtail…

News May 27
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Florida’s high court upholds medical marijuana vertical licensing and caps

The Florida Supreme Court on Thursday left the state’s medical marijuana licensing system intact, deciding that a constitutional challenge to vertical integration and license caps isn’t likely to succeed on…

News May 27
rhode island cannabis law

Rhode Island pauses lottery for medical cannabis dispensary permits

Rhode Island cannabis regulators halted the lottery that would license six new medical cannabis stores in the state. The lottery was expected to take place in early 2021. However, the…

News May 27
Woman getting vaccinated

Cash incentives and fiestas: Marijuana operators get creative to encourage COVID-19 vaccinations

There’s a big party on the horizon at Glass House Farms, a marijuana grower in Santa Barbara County, California. They’re calling it a fiesta, an outdoor celebration honoring employees after…

News May 27
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Saskatchewan versus Colorado cannabis markets two years after legalization 

Regulated cannabis markets in Canada’s 13 provinces and territories are coming into their own more than two years after legal recreational products started hitting shelves in significant numbers.

News May 27
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