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Marijuana MSO Ascend Wellness aims to raise $80 million via IPO

Multistate operator Ascend Wellness Holdings plans to raise $80 million through an initial public offering aimed at bankrolling marijuana investments in Ohio and New York as well as future acquisitions.

News April 29
Columbia Care marijuana retail outlet

Columbia Care acquires New York cannabis cultivation site for $42.5M

Multistate cannabis operator Columbia Care is spending $42.5 million in cash and stock to acquire a 34-acre cultivation site in its home state of New York.

News April 29
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How to decide on synthetic versus organic fertilizers for cannabis plant nutrition

Cannabis is a heavy-feed crop, requiring plenty of nutrition to produce high yields.

News April 29
Big Tobacco and marijuana

Tobacco giant Philip Morris eyes marijuana market opportunities

Multinational tobacco company Philip Morris International reportedly is analyzing the marijuana industry for its market possibilities but hasn’t yet determined its next move. The New York-based cigarette maker told Bloomberg…

News April 28
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Canadian cannabis firm Valens seeks Nasdaq listing

Canadian cannabis product manufacturer The Valens Co. announced its initial application to list shares on the Nasdaq exchange in the United States. As part of the Nasdaq listing plan, Valens…

News April 28
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Oklahoma cracking down on lawbreaking marijuana companies

Oklahoma law enforcement officials are conducting a wide-ranging investigation into legal medical marijuana businesses they say might also be involved in illicit street sales.

News April 28
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5 strategies for using water-soluble cannabinoids in cannabis drinks

Extraction scientists and formulators are racing toward faster and cheaper ways to make cannabinoid molecules – hydrophobic and therefore impossible to dissolve in water – suitable for incorporating into drinks.

News April 28
Virginia marijuana

Virginia creating three cannabis oversight boards for adult-use program

Virginia state officials must appoint three oversight boards before marijuana becomes legal for citizens to possess and consume in July, including an industry panel that will be in charge of…

News April 27
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Maryland medical marijuana sales hit $1 billion since launch

Maryland’s medical marijuana industry in April reached more than $1 billion in total retail sales since launching 40 months earlier on Dec. 1, 2017.

News April 27
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