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Can South Africa challenge Canada for global cannabis export dominance?
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Cannabis MSO Green Thumb Industries raises $56 million in US share sale
Chicago-based multistate cannabis operator Green Thumb Industries raised roughly $56 million from selling shares in the United States. Green Thumb (GTI) accepted offers to purchase 1.6 million subordinate voting shares…
News February 23
Genetic editing offers marijuana and hemp companies a way to improve plant strains
The development of new genetic-editing technology offers cannabis companies a cost-effective way to make specific changes to marijuana and hemp plants - such as more disease resistance - without creating…
News February 23
Virginia OKs smokable flower in move that could spur medical marijuana sales
Virginia lawmakers overwhelmingly passed legislation that would allow smokable marijuana flower sales later this year, a reform that will dramatically boost sales in the state’s nascent medical cannabis market. Flower…
News February 22
Wrigley chewing gum heir to take cannabis MSO Parallel public via $1.9 billion deal
Chewing gum heir William “Beau” Wrigley Jr., the CEO of Atlanta-based Parallel, struck a mammoth deal with an entertainment mogul to take the cannabis multistate operator public through a transaction…
News February 22
Ex-Eaze CEO pleads guilty in $100 million cannabis payment scheme
The former CEO of California cannabis delivery platform Eaze pleaded guilty to one count of conspiracy to commit bank fraud in connection with an alleged scheme to deceive banks into…
News February 22
Attorney general nominee Garland signals friendlier marijuana stance
The U.S. marijuana industry will likely have a friendlier attorney general if President Joe Biden’s pick, Merrick Garland, is confirmed as the head of the Department of Justice – based…
News February 22
New Jersey recreational marijuana implementation law signed, setting stage for $1 billion market
New Jersey Gov. Phil Murphy on Monday finally signed a law to implement a projected $1 billion recreational marijuana market, hours after lawmakers agreed on a “clean-up measure” that had…
News February 22
Canadian cannabis retailer Fire & Flower strikes US licensing deal
Major Canadian cannabis retailer Fire & Flower Holdings is making moves into the United States, licensing its brand and technology to American Acres Managers, a private Canadian firm with marijuana…
News February 22
Green Organic Dutchman weighs sale of cannabis greenhouse in Quebec
The Green Organic Dutchman is considering the sale of its mammoth cannabis greenhouse in Salaberry-de-Valleyfield, Quebec, only about two months after the Mississauga, Ontario-based licensed producer increased its stake in…
News February 22
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