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US marijuana MSO Curaleaf plots $272 million hostile takeover of Aurora Cannabis
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New marijuana group, including tobacco and alcohol firms, pushes for reform
The major stakeholders pushing Congress to enact sweeping federal marijuana reform just got bigger with the formation of a new band of businesses and industry experts who believe legalization is…
News March 12
Aurora Cannabis puts mammoth 1.7 million-square-foot greenhouse on the sales block
Aurora Cannabis is looking to unload one of the largest and most expensive greenhouses ever built to grow marijuana, but any potential buyer could be on the hook for additional…
News March 12
New Rhode Island governor pitches adult-use cannabis legalization plan
Rhode Island Gov. Dan McKee wants to legalize adult-use cannabis, proposing a program that would issue 25 retail licenses a year with a market launch in April 2022. McKee, a…
News March 12
CWNevada’s receivership might offer blueprint to other financially strapped marijuana businesses
A once-significant player in Nevada's cannabis industry is in the final stages of liquidating more than $12 million worth of assets under the guidance of a state court, offering a…
News March 12
Marijuana SPAC Silver Spike II prices IPO to raise $250 million
Marijuana industry special purpose acquisition company (SPAC) Silver Spike Acquisition Corp. II priced an initial public offering on the Nasdaq exchange to raise $250 million.
News March 11
Hundreds in Arizona spend $25,000 each to enter cannabis license lottery
Nearly 400 hopeful cannabis entrepreneurs ponied up $25,000 apiece for a shot at an upcoming business license lottery, which will determine the winners of 13 new permits.
News March 11
Efforts to stall South Dakota medical marijuana program fizzle
A voter-approved medical marijuana program likely will be implemented in South Dakota as scheduled after efforts to stymie the program failed.
News March 11
Mexico’s lower house approves landmark cannabis legalization bill
Mexico’s Chamber of Deputies approved a bill in general to lay the legal foundation for regulated marijuana and hemp industries, but the pending law still has hurdles to overcome and…
News March 11
British American Tobacco strikes deal with Canada’s Organigram, portending similar tie-ups with US cannabis firms
A subsidiary of cigarette maker British American Tobacco and Atlantic Canada-based cannabis producer Organigram signed a 220 million Canadian dollar ($175 million) strategic collaboration with a focus on research and…
News March 11
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