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Massachusetts cannabis regulators catch THC potency inflation in recent sting
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Tuatara-backed SPAC raises $175 million to target cannabis acquisitions
Tuatara Capital Acquisition, a cannabis-focused special purpose acquisition company (SPAC), said it raised $175 million in an initial public stock offering with an option for its underwriters to purchase and…
News February 16
Hexo strikes deal to acquire Zenabis for CA$235 million, eyes European, Canadian cannabis markets
Ottawa, Ontario-headquartered cannabis producer Hexo Corp. on Tuesday entered a definitive agreement to buy struggling competitor Zenabis Global for 235 million Canadian dollars ($185 million) in stock.
News February 16
Ontario accelerates cannabis store licensing to 120 per month
The cannabis store regulator in Canada’s largest recreational marijuana market has once again increased the pace at which it issues store licenses, from 20 per week to 30 per week.…
News February 16
Canadian marijuana retailer Fire & Flower seeks Nasdaq listing
Fire & Flower Holdings, a Canadian marijuana retail chain with an eye on international growth, applied to list its shares on the Nasdaq exchange in the United States. “The company…
News February 16
Maine recreational cannabis sales booming; new testing lab opens
A maturing recreational cannabis market in Maine is driving higher sales and lower prices - and consumers are spending more.
News February 16
Oklahoma medical marijuana sales surpass $800 million for 2020
Medical marijuana sales in Oklahoma reached more than $800 million for 2020, more than twice that of 2019.
News February 16
Retail prices for recreational marijuana flower rise in response to record demand amid pandemic
The average retail price for smokable recreational marijuana products in four Western states continued to increase throughout the coronavirus pandemic, thanks to record demand. Retail flower prices in California, Colorado,…
News February 16
Delaware doubles number of medical cannabis licensees
Delaware increased the number of medical cannabis business licensees from three to six, a reflection on medical cannabis card registrations soaring nearly 40% last year over 2019. According to the…
News February 15
New Mexico adult-use marijuana bill advanced by state House panel
A New Mexico legislative committee Monday advanced a social equity and microbusiness-focused adult-use marijuana legalization bill while tabling a more industry-oriented measure. The early step indicates what direction the Legislature…
News February 15
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