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US marijuana MSO Curaleaf plots $272 million hostile takeover of Aurora Cannabis
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Hexo CEO: Canada’s cannabis sector entering ‘most competitive phase’
Cannabis producer Hexo Corp. reported a net loss of 21 million Canadian dollars ($17 million) for its second quarter ended Jan. 31 as its chief executive said the Canadian industry…
News March 18
California’s provisional marijuana licensing crisis resurfaces, possibly disrupting thousands of MJ companies
For the third time in less than four years, California lawmakers are revisiting the state’s marijuana licensing program, ostensibly to give businesses and regulators more time to get permits processed…
News March 18
South Dakota trade group forms to aid prospective marijuana businesses
As South Dakota works to implement medical and recreational marijuana programs passed by voters in 2020, a new trade group seeks to assist cannabis companies in the state.
News March 18
Ontario Cannabis Store appoints sixth president in three years, raising industry concern
The executive turntable at the Ontario Cannabis Store (OCS) is spinning again, with the provincial wholesale monopoly and online retailer about to get its sixth president in three years.
News March 18
Cannabis companies anticipate added sales bump with new round of stimulus checks
Cannabis companies should expect a bump in sales from the newest round of federal stimulus payments.
News March 18
Missouri revokes licenses of overdue medical cannabis operators
Missouri medical cannabis regulators are revoking the licenses of some businesses that haven’t met their one-year cutoffs to open and didn’t receive extensions.
News March 17
Aphria, Tilray to host April shareholder meetings about planned merger
Aphria and Tilray will host special shareholder meetings next month on the proposed merger between the cannabis producers, the companies said. The meetings will be held via live audio webcast…
News March 17
Regulators crack down on Michigan credit union’s marijuana banking
An independent federal agency cited a Michigan credit union for failing to comply with marijuana banking regulations and ordered the financial institution to stop opening new cannabis accounts. American Banker…
News March 17
How a year of COVID-19 forced positive change for cannabis retailers
Despite challenges such as rapid regulatory change, shifting public-health demands and economic uncertainty, cannabis retailers say the first year of the COVID-19 pandemic has driven beneficial changes to their business…
News March 17
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