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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
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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
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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
Supreme Cannabis cultivation facility

Canopy to buy Supreme for CA$435 million as cannabis M&A heats up

Canopy Growth announced plans to acquire competing Canadian marijuana producer The Supreme Cannabis Co. in a stock-and-cash deal valued at roughly 435 million Canadian dollars ($345 million).

News April 8
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Virginia lawmakers bump up some adult-use marijuana timelines

Legislators in Virginia approved measures that will allow the personal possession, cultivation and use of small amounts of marijuana beginning July 1, but a commercial market still isn’t permitted to…

News April 8
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3 ways cannabis extraction equipment makers are innovating

Cannabis extraction equipment is one of the most innovative sectors in the industry with new products and techniques constantly evolving.

News April 8
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Green Thumb poised to build out $50 million cannabis facility in New York

Cannabis multistate operator Green Thumb Industries has won local financial incentives to build out a $50 million cultivation and processing facility in New York. The Orange County Industrial Development Agency…

News April 7
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Arkansas medical marijuana regulators sued over license sale

An Arkansas mayor and several other entities are suing state medical marijuana regulators and an MMJ company in connection with the sale and transfer of a license in November 2020.

News April 7
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Curaleaf gets $130M funding for stake in newly acquired global cannabis firm

Multistate cannabis operator Curaleaf Holdings secured $130 million in funding from an unidentified “strategic institutional investor” in exchange for a 31.5% equity stake in its new venture, Curaleaf International Holdings.…

News April 7
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