MJBizDaily
Can South Africa challenge Canada for global cannabis export dominance?
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Edibles outperform cannabis industry growth in 2020 on COVID-spurred sales surge
Cannabis edibles sales grew at a rate exceeding the overall growth of the marijuana industry in 2020, prompting manufacturers to invest in research and development and new product lines for…
News January 11
Here’s how to get your marijuana business ready for sale
Acquisitions remain a key strategy for companies looking to enter or expand their reach within the marijuana industry, but sellers must be ready to seize such opportunities.
News January 10
Vireo closes $4 million purchase of Nevada cannabis production facilities
Cannabis multistate operator Vireo Health said it has finally closed on a 2018 deal valued at $4 million to purchase four Nevada marijuana production licenses. According to a news release,…
News January 8
Oregon marijuana sales reach record $1 billion-plus in 2020
Recreational cannabis sales exceeded $1 billion in Oregon last year, coinciding with the coronavirus pandemic outbreak and mirroring record-high sales in other legal marijuana markets.
News January 8
How Trichome Financial acquired and restructured troubled marijuana producer JWC
A recent acquisition and restructuring deal using Canadian insolvency law demonstrates that even struggling, deeply indebted marijuana producers can be revitalized, an important development at a time when many Canadian…
News January 8
Canopy boosting Ontario presence with nine new Tokyo Smoke stores
Canopy Growth plans to open nine new cannabis stores in Ontario in January under its Tokyo Smoke brand, growing its retail presence in Canada's largest adult-use marijuana market, the company…
News January 8
Some cannabis growers still counting cost of wildfires, but most say industry dodged a bullet
Although the West Coast wildfire season has been over for months, some marijuana companies are still picking up the pieces from a historic wave of blazes that forced thousands to…
News January 8
Montana lawmakers deny money to set up recreational cannabis program
Montana lawmakers rejected a $1.35 million budget request to fund the state’s recreational cannabis program, raising uncertainty about the program’s ability to meet its deadlines. The state revenue department had…
News January 7
Cannabis producer WeedMD shutters Bowmanville, Ontario, facility
Canadian marijuana producer WeedMD is closing a facility in Bowmanville, Ontario, in order to centralize medical cannabis distribution at its site in Aylmer, Ontario. WeedMD “has offered relocation and severance…
News January 7
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