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California cannabis regulators’ fraud case against testing lab unravels
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Georgia lawmakers pass bill to open 30 medical marijuana oil dispensaries
Legislators in Georgia passed a bill that could pave the way for up to 30 medical marijuana oil dispensaries to open in the state, although the law is still awaiting…
News April 9
Cannabis retailer High Tide files CA$100 million shelf prospectus
Canadian cannabis retail chain High Tide filed a preliminary short form base shelf prospectus in order to raise up to 100 million Canadian dollars ($80 million) over a 25-month period.
News April 9
Health Canada to cease monthly cannabis industry data releases
Canada’s federal health department will no longer be releasing cannabis industry data on a monthly basis, a spokesperson for Health Canada told Marijuana Business Daily, citing priorities related to the…
News April 9
Subleasing likely to provide a path for out-of-state companies into Arizona’s recreational cannabis market
With the January launch of Arizona's adult-use marijuana market, insiders predict strong growth in the number of out-of-state companies using a backdoor method to enter the burgeoning recreational industry there:…
News April 9
California cannabis firm Glass House Group to be bought in $567M deal
California cannabis company Glass House Group is set to be acquired by a 2-year-old special acquisition company (SPAC) in a blockbuster $567 million deal aimed at creating California's largest vertically…
News April 8
Marijuana Business Factbook projects nearly $45B US market by 2025
The U.S. recreational and medical marijuana markets are on a trajectory to reach up to $45.9 billion in annual sales by 2025, or as much as twice the level of…
News April 8
South Dakota high court to hear recreational cannabis case this month
The South Dakota Supreme Court is expected to rule on the state's voter-approved constitutional amendment to legalize adult-use cannabis in April.
News April 8
Here’s how much legal cannabis is being sold in Canada’s biggest cities
Toronto might boast the most legal cannabis sales of any Canadian city, but its residents lag far behind those in Calgary and even Quebec City when it comes to per…
News April 8
SPACs help push funding for marijuana M&As to highest quarterly level since 2019
Capital raised for marijuana mergers and acquisitions totaled a whopping $600 million in the first three months of this year, reflecting the booming popularity of special purpose acquisition companies (SPACs)…
News April 8
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