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California Gov. Gavin Newsom

California governor gets lukewarm marijuana industry support amid recall

California Gov. Gavin Newsom might need all the political ammunition he can muster later this year when he faces a recall election, but he probably shouldn’t count on an outpouring…

News May 18
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Marijuana REIT announces $200 million private placement

Innovative Industrial Properties, a marijuana real estate investment trust (REIT), said it plans to raise $200 million through a private placement of senior notes for continued cannabis-related property investments. The…

News May 17
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Canada approves fourth medical cannabis vaporizer license

Health Canada approved a cannabinoid inhaler made by Tel Aviv, Israel-based Syqe Medical, the company announced, making it only the fourth medical device license granted for a cannabinoid vaporizer by…

News May 17
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Alabama governor signs medical cannabis legalization bill into law

Alabama on Monday became the latest state in the nation and second in the Deep South to legalize a medical cannabis market after Gov. Kay Ivey signed a legalization bill…

News May 17
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Samuel Adams brewer to research cannabis beverages in Canada

The Boston Beer Co., the maker of Samuel Adams, announced plans to establish a subsidiary in Canada to research nonalcoholic cannabis beverages.

News May 17
A chart map showing states where marijuana legalization is in play.

Marijuana legalization outlook: Minnesota fading, Alabama gov says yes

Minnesota's House of Representatives passed recreational marijuana in a historic vote last Thursday, but the bill likely will die in the Republican-led Senate, which isn’t expected to consider the measure…

News May 17
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Curaleaf acquires Los Sueños for $67M, expands CO marijuana footprint

Massachusetts-based multistate marijuana operator Curaleaf Holdings plans to grow its footprint in the Colorado cannabis market by acquiring the cultivation and retail assets of Pueblo, Colorado-based Los Sueños Farms.

News May 17
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Why Hexo is buying 48North Cannabis for CA$50 million: Q&A with CEO St. Louis

Hexo Corp. is buying competitor 48North Cannabis Corp. in an all-stock deal worth approximately 50 million Canadian dollars ($41 million), the companies said Monday morning, continuing the Ottawa, Ontario-headquartered company’s…

News May 17
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Why this multistate CBD retailer is banking on delta-8 THC

It seems everyone in cannabis has an opinion on delta-8 THC, a minor cannabinoid that exists rarely in nature but can be synthesized easily from CBD isolate.

News May 17
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