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Massachusetts cannabis regulators catch THC potency inflation in recent sting
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Arizona’s initial adult-use marijuana licensing leaves some cities underserved
Arizona might have opened adult-use marijuana sales last week, but the initial round of retail licenses, whether by design or not, leave some of the state’s most populated cities underserved.…
News January 26
Cannabis firm Weedmaps aims for 175% revenue growth via higher ad prices, wider footprint
Cannabis advertising giant Weedmaps hopes to boost its revenue over the next three years by a whopping 175% - and investors are wagering the California-based company can deliver on that…
News January 26
Harvest closes $34.6M Florida sale-leaseback deal with marijuana REIT
Multistate marijuana operator Harvest Health & Recreation on Monday closed a sale-leaseback transaction, selling a cultivation and processing facility in Alachua, Florida, to Innovative Industrial Properties for $23.8 million.
News January 25
France chooses companies to supply free medical cannabis for trial program
The French Agency for the Safety of Medicines and Health Products selected the companies that will supply France's medical cannabis pilot program that's intended to provide free products to patients…
News January 25
Boycott spurs Massachusetts cannabis trade group to withdraw delivery suit
A Massachusetts cannabis retail association is backing off its legal challenge to the state’s social equity-focused delivery licensing plan after a swift backlash from many of the group’s members. The…
News January 25
Analyst warns of closures, consolidation amid Canadian cannabis glut
The Canadian cannabis industry should brace for more facility closures, bankruptcies and consolidation amid a worsening oversupply situation, Jefferies analyst Owen Bennett warned this week following a Marijuana Business Daily…
News January 25
Canadian marijuana retailer High Tide buys US online head shop for $8 million
Calgary, Alberta-based marijuana retailer High Tide is spending $8 million to acquire Smoke Cartel, a U.S. e-commerce website that sells cannabis accessories and CBD products. Under terms of the deal,…
News January 25
French consultation on marijuana legalization passes 200,000 responses
A consultation on cannabis legalization in France that launched on Jan. 13 has already gathered 200,354 responses, Marijuana Business Daily has learned.
News January 25
Premium flower demand drives Colorado wholesale marijuana prices to nearly five-year highs
Wholesale marijuana flower prices in Colorado are climbing in part because of the increased demand from the coronavirus pandemic as well as premium flower brands commanding more of the market.
News January 25
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