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Tilray, Aphria complete blockbuster marijuana merger

Once-rival cannabis producers Tilray and Aphria completed their megamerger, the new company announced Monday, forming one of the biggest diversified marijuana, hemp and beer companies in the world.

News May 3
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US Supreme Court declines to hear $1.9 million 280E cannabis tax case

The U.S. Supreme Court on Monday refused to hear an appeal from two California-based cannabis companies that were seeking a reprieve from federal tax bills totaling $1.9 million under Section…

News May 3
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Marijuana reform outlook: Hopes dim in Rhode Island, but Texas advances

An effort by Rhode Island lawmakers to pass legislation to legalize adult-use marijuana now looks less likely.

News May 3
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Marijuana MSO Green Thumb expands into Virginia

Illinois-based multistate operator Green Thumb Industries is expanding into Virginia with a definitive agreement to acquire medical marijuana company Dharma Pharmaceuticals.

News May 3
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Organigram CEO Engel exits struggling marijuana producer

Greg Engel, longtime CEO of Moncton, New Brunswick-based marijuana producer Organigram Holdings, is stepping away from the struggling business, effective immediately, the company said early Monday. No reason was given…

News May 3
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Canadian cannabis retailer High Tide buying US CBD company for $20.6M

Calgary, Alberta-headquartered High Tide is again dipping its toes in the U.S. acquisition market, this time with a definitive agreement to buy FabCBD, a Milwaukee-based e-commerce marketplace for hemp-derived CBD…

News May 3
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No hallucination: Psychedelics could be next cannabis-like boom

Investors as well as cannabis companies and executives are rushing into psychedelics, a multibillion-dollar opportunity that reminds some of the early days of marijuana - although this infant industry could…

News May 3
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Catering to consumers who use marijuana as medicine

Medical marijuana isn’t exclusive to MMJ dispensaries. It’s true that consumers with serious health problems are more likely to shop at dispensaries than adult-use retailers in order to access more…

News May 1
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While physicians see patients benefiting from cannabis, national medical associations remain unconvinced

A growing number of physicians see medical cannabis as legitimate medicine, but many remain skeptical if not reluctant to recommend it. That’s left some state medical marijuana programs with a…

News May 1
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