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Wildfires that damage marijuana crops are focus of new federal group

In response to the 2020 wildfires that engulfed the western U.S. and harmed many marijuana cultivators, two federal departments are banding together “to ensure better forest management effectiveness” in the…

News January 15
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Cannabis MSO Cresco prices Canadian share offering to raise $125 million

Chicago-based multistate cannabis operator Cresco Labs priced an overnight marketed share offering, designed to raise roughly $125 million, at 16 Canadian dollars ($12.56) per share. The offering of Cresco’s Canadian…

News January 15
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Ontario cannabis stores can still offer pickup, delivery during lockdown

Brick-and-mortar cannabis stores in Canada’s largest recreational marijuana market are still permitted to offer home delivery and curbside pickup during a government stay-at-home order, although their operating hours have been…

News January 15
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A marijuana pioneer changes course: Q&A with Harborside co-founder Steve DeAngelo

Steve DeAngelo is one of the marijuana industry’s most high-profile pioneers. But earlier this month, DeAngelo and the Oakland, California-based company he co-founded in 2006, Harborside, formally parted ways. Moreover,…

News January 15
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Judge: California has 30 days to inform marijuana firms about billboard ban

A California judge ruled this week that state marijuana regulators have 30 days to inform businesses of a new ban on billboard advertising.

News January 14
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MD cannabis staffers get same COVID vaccine status as health-care workers

Cannabis workers in Maryland will receive the same status as health care providers and begin to receive Covid vaccinations as part of the first wave.

News January 14
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Marijuana MSO Cresco inks $213M all-stock deal to expand into Florida

Marijuana multistate operator Cresco Labs entered a definitive agreement to acquire Bluma Wellness for $213 million in an all-stock transaction in a move to expand into Florida’s fast-growing medical cannabis…

News January 14
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Cannabis firm Aphria grows Q2 revenue, reports CA$120.6M net loss

Canadian cannabis company Aphria on Thursday reported increased quarterly revenue for the quarter ended Nov. 30, with a net loss of 120.6 million Canadian dollars ($95.3 million).

News January 14
Chart showing the decline of gram-sized flower sales in the US and Canada in 2020

1-gram cannabis flower sales fell in 2020 amid pandemic, but don’t write off the small packet

Sales of 1-gram cannabis flower packages tumbled in multiple North American marijuana markets last year, likely related to consumers who shopped less often because of the COVID-19 pandemic but made…

News January 14
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