MJBizDaily
Why a cannabis business is betting on dogs to reach FDA approval
Latest Posts
MedMen raises CA$20 million to bankroll marijuana expansion in Florida
Financially strapped MedMen Enterprises said it raised 20 million Canadian dollars ($16 million) at CA40 cents a unit to fund growth plans in Florida’s medical marijuana market. The California-based multistate…
News March 19
Cannabis MSO Cresco expands in Massachusetts via $90M acquisition
Chicago-based cannabis multistate operator Cresco Labs is spending $90 million to acquire all the outstanding equity interests of vertically integrated Massachusetts operator Cultivate. According to a news release, Cresco is…
News March 19
Ontario, Alberta lead Canadian cannabis sales drop in January
Retail sales of adult-use cannabis products in Canada declined to 282.8 million Canadian dollars ($225 million) in January, 5.6% lower than a month earlier, according to the latest Statistics Canada…
News March 19
Largest human CBD trial launches with eye toward checking safety of trace THC
The largest-yet human CBD toxicological trial has been launched in Europe to check the effects of consuming trace amounts of THC.
News March 19
New Brunswick won’t privatize recreational cannabis sales
New Brunswick discontinued its request for proposal (RFP) process for the privatization of recreational cannabis sales, meaning the province will retain the government-owned and -operated store model through Cannabis NB.…
News March 19
Why cannabis producer Organigram struck a CA$220 million deal with a tobacco giant: Q&A with CEO Greg Engel
While rival Canadian cannabis producers plowed massive amounts of capital into cultivation infrastructure, losing billions of dollars in the process, New Brunswick-based Organigram forged a different path. Organigram – which…
News March 19
$1.9 trillion coronavirus stimulus package offers marijuana-related firms more options for financial help
Cannabis-related firms again face hurdles in qualifying for financial relief under the newly enacted $1.9 trillion coronavirus stimulus package, but the door has opened wider for hard-hit companies, especially small…
News March 19
Marijuana real estate merger creates firm worth $435 million in assets, cash
Chicago-based NewLake Capital Partners and GreenAcreage Real Estate, a real estate investment trust (REIT) in New York have announced the closing of a merger that creates a massive cannabis real…
News March 18
Canada to launch review of cannabis industry fee structure
Health Canada will soon embark on a review of fees collected by the federal government from cannabis companies, including studying the impact those fees have on the industry as well…
News March 18
Latest Sponsored
