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California cannabis regulators’ fraud case against testing lab unravels
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Lygos CBx scales up bio-based production of cannabinoids
A San Francisco Bay Area company that specializes in low-cost alternatives to plant-derived cannabinoids has launched commercial-scale production. Lygos CBx will use its proprietary fermentation and processing technology to produce…
News April 5
Trulieve to purchase Pennsylvania medical cannabis retailer for $60 million
Leading Florida-based medical marijuana company Trulieve is buying more cannabis dispensaries in Pennsylvania.
News April 5
Key Democrat: US Senate will consider comprehensive marijuana reform
Senate Majority Leader Chuck Schumer said Democrats will move forward with comprehensive marijuana reform regardless of whether President Joe Biden embraces the idea. “He said he’s studying the issue, so…
News April 5
Cannabis producer Zenabis reports CA$70 million loss for 2020
British Columbia-based cannabis producer Zenabis Global reported a net loss of 70.5 million Canadian dollars ($56.3 million) for 2020, an improvement over the previous year’s CA$127 million loss. Net loss…
News April 5
Illinois breaks monthly recreational cannabis sales mark at $109 million
New stores, stimulus checks, warming temperatures and tourists combined to help drive Illinois recreational cannabis sales to yet another monthly record with $109 million in purchases in March. Illinois adult-use…
News April 5
Intellectual property takes on growing role in cannabis industry deals
Intellectual property is playing an increasingly important role in cannabis industry acquisitions and other deals as businesses look to get a leg up on rivals by purchasing or investing in…
News April 5
Cannabis MSOs urged to recruit from mainstream business talent pools
Vertically integrated multistate operators need dozens of different skill sets on staff, debunking the fantasy of a one-stop shop for job candidates. That said, there are a few sectors and…
News April 4
Cannabis industry job numbers are climbing, and here’s why
If job creation and hiring are measures of an industry’s growth, then cannabis is going gangbusters. That means cannabis executives must use diligence and savvy when sifting through resumes.
News April 4
Compensation data we’re confident the cannabis industry can trust, rely on
As the cannabis industry continues to expand across the United States, so does the need for compensation data that follows federal regulations and guides sound business practices. While numerous salary…
News April 4
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