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Cannabis MSO Verano announces $100M subscription receipt financing

Multistate cannabis operator Verano Holdings raised $100 million in subscription receipt financing in connection with a reverse-takeover deal that will see the company go public on the Canadian Securities Exchange.

News January 21
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Keegan Peterson, founder/CEO of marijuana tech firm Wurk, dies at 33

Marijuana industry executive Keegan Peterson, who founded Denver HR tech company Wurk, has died at 33.

News January 21
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Czech medical cannabis sales surge, but market remains small

The Czech market for medical cannabis flower quadrupled last year compared to 2019, according to data published by the State Agency for Medical Cannabis. However, the market remains very small.

News January 21
Map showing states that could legalize medical marijuana in 2021 with information about previous attempts.

These four states could legalize medical marijuana through legislation in 2021

Four red states – Alabama, Kansas, Kentucky and South Carolina – could legalize medical marijuana through their legislatures this year, and, if successful, they could generate hundreds of millions of…

News January 21
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Cannabis firm CannTrust reaches agreement to settle shareholder claims

Embattled Canadian cannabis producer CannTrust Holdings on Wednesday announced a restructuring support agreement that will pave the way for the company to settle shareholder lawsuits as it restructures.

News January 20
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NCIA: High recreational marijuana taxes in New York could hurt legal market

A marijuana industry official cautioned New York officials that recreational marijuana taxes need to be low enough to curtail illicit sales. New York Gov. Andrew Cuomo unveiled more details this…

News January 20
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Valens ‘clears the deck,’ liquidating most cannabis oil inventory

Cannabis derivative manufacturer Valens Co. said it is liquidating most of its oil inventory, citing industry trends such as outdoor marijuana harvests and falling prices. Marijuana Business Daily has reported…

News January 20
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Canada’s ‘croptober’ surge pushes cannabis inventory over 1 million kilograms

Canadian licensed producers added a record 220,461 kilograms of marijuana to their inventories in October 2020, according to new data offering a statistical glimpse of the country's first large-scale “croptober”…

News January 20
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An elusive pathogen is damaging cannabis crops – here’s how to fight it

Over and over again, I meet cannabis growers who are not yet aware of a widespread disease that has been appearing more and more across the United States - hop…

News January 20
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