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MJBizDaily

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Massachusetts cannabis regulators catch THC potency inflation in recent sting

About 20% of more than 60 cannabis flower samples tested by the state CCC yielded results outside of an acceptable range, regulators said.

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Before interstate commerce, cannabis needs to fix its consistency problem

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Levia co-founders Kristin and Eric Rogers/Courtesy photo

The founders who reacquired their beverage brand from a cannabis MSO

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Image of a pair of eyeglasses, keys, pen and latptop sitting atop a lease agreement

How federal marijuana rescheduling rewrites the rules for cannabis business leases

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Image of interior of a Curaleaf marijuana store.

US marijuana MSO Curaleaf plots $272 million hostile takeover of Aurora Cannabis

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Schwazze acquires six Colorado cannabis stores for $37 million

Schwazze, a Denver-based cannabis company, on Monday said it acquired six retail outlets from Colorado competitor Star Buds in a cash and stock deal worth $37.1 million. The deal announced…

News December 21
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TerrAscend borrows $120M to make payments on marijuana acquisition

U.S. and Canadian marijuana operator TerrAscend borrowed $120 million from a syndicate of lenders to help finance earnout payments related to its acquisition of Ilera Healthcare in Pennsylvania.

News December 21
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European cannabis producer raises $20 million

Emmac Life Sciences, a European vertically integrated cannabis producer, said it raised 15 million pounds ($20 million) via an issue of convertible loan notes.

News December 21
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Colombian agency recommends allowing cannabis flower exports

The Colombian government might reconsider its ban on medical cannabis flower exports for commercial purposes.

News December 21
Chart showing revenue, expenses and stock prices for Medmen in 2020

Marijuana MSO MedMen fights to turn around finances, but challenges linger

Financially strapped MedMen Enterprises is showing modest improvement, raising the possibility that the California-based multistate marijuana operator has hit bottom and is beginning to benefit from its restructuring and turnaround…

News December 21
Christopher and Denise Mink

Strategies that helped marijuana companies thrive in 2020

Let’s face it: 2020 has been brutal. A global pandemic An economic recession. And a hyper-partisan presidential election.

News December 20
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Cannabis MSO 4Front nets $33 million from sale-leaseback deal

Cannabis multistate operator 4Front Ventures said it has completed a sale-leaseback of cultivation and production facilities in Massachusetts and Washington state, generating $33 million to pay down debt and for…

News December 18
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Red White & Bloom borrows $60 million to buy Illinois marijuana grow facility

Toronto-based marijuana multistate operator Red White & Bloom Brands secured a $60 million loan, then signed a definitive agreement to acquire an Illinois medical and recreational cultivation facility for $32.5…

News December 18
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Barbados eyes January start for medical cannabis industry

Barbados has set January 2021 for the launch of its medical cannabis sector as the country looks to gain a competitive edge over other Caribbean nations planning to capitalize on…

News December 18
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