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Chart showing recent investment activity in Pennsylvania's marijuana market.

Cannabis M&A surges in hot Pennsylvania market with $400 million in deals

Merger and acquisition activity is sizzling in Pennsylvania, with more than $400 million worth of deals announced since March alone, as local cannabis businesses cash out and multistate operators seek…

News May 10
Unity Whittaker of Village Bloomery

Marijuana retailers use analytics, consumer feedback to fill shelves, dump low-selling inventory

The cannabis products lining your shelves might make or break the reputation of your marijuana retail store. Whether or not they sell could make or break your company’s bank account.

News May 9
Isaac Dietrich, MassRoots CEO

Cannabis tech firm MassRoots entering metal-recycling business via $14M deal

Cannabis-centric social media platform MassRoots said it’s broadening its business model through the acquisition of a metal-recycling company in a mainly stock-based deal valued at $14 million. Empire Services operates…

News May 7
Image of Pennsylvania state flag

Pennsylvania renews medical marijuana grower’s permit after nearly two years

A Pennsylvania marijuana cultivator could soon be growing again, almost two years after regulators revoked the company’s business license. Agrimed, which was purchased by Arizona-based multistate operator Harvest Health &…

News May 7
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Cronos reports $161 million net loss on cannabis revenue of $12.6 million in Q1

Canadian cannabis producer Cronos reported a net loss of $161 million (195 million Canadian dollars) for its January-March quarter on net revenue of only $12.6 million, according to its quarterly…

News May 7
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Alabama lawmakers send medical marijuana measure to governor

A medical marijuana legalization measure is headed to Alabama Gov. Kay Ivey after lawmakers gave their final approval late Thursday.

News May 7
Image of a businessperson fanning out money

AFC Gamma lends $22M to Justice Cannabis for New Jersey operations

Marijuana industry real estate financier AFC Gamma announced a $22 million senior secured credit facility for Chicago-based multistate MJ company Justice Cannabis. Justice will use the credit facility to buy…

News May 7
Aurora Cannabis CEO Miguel Martin

Aurora Cannabis CEO discusses greenhouse ‘arms race’ and firm’s future

CEO Miguel Martin discusses lessons learned from Aurora Cannabis' past and how the firm's transformation plan will impact the future.

News May 7
A map of U.S. states showing which allow delivery of either medical or adult-use marijuana.

Uber’s interest in marijuana delivery highlights sector’s potential and pitfalls

You’d think that marijuana delivery executives would quake in their shoes after the head of a ride-sharing giant recently floated the idea of getting into their line of work.

News May 7
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