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Why a cannabis business is betting on dogs to reach FDA approval
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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
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
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
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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