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Mexico hits snooze on cannabis legalization until next spring

The Supreme Court of Mexico has again extended the deadline for legislators to comply with a mandate to legalize adult-use cannabis. Now Congress can legislate on this matter until the…

News December 11
Magnolia Wellness marijuana looting

Still struggling after looting that hit marijuana firms, iconic California business turns to fellow company

The lootings and robberies that inflicted millions of dollars in damage on marijuana companies nationwide in May and June might have been the last straw for a storied cannabis business…

News December 11
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First prescriptions of high-THC products imminent in Peru

Khiron Life Sciences - a Toronto-based company with its main operations in Colombia - announced Thursday that it completed the first export from Colombia of high-THC medical cannabis products.

News December 10
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Cannabis advertising platform Weedmaps going public with $1.5 billion valuation

Weedmaps, the oft-controversial but ever-successful cannabis advertising giant, is going public through a deal that values the company produced through the transaction at a whopping $1.5 billion. According to a…

News December 10
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Marijuana MSO Ayr Strategies increases capital raise to $110 million

Multistate marijuana operator Ayr Strategies announced that it has increased a $75 million debt offering to $110 million because of strong demand.

News December 10
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Cannabis firm LeafLink raises $40 million to fund expansion

Cannabis wholesaling platform LeafLink announced new funding worth $40 million from a Series C investment round.

News December 10
Julian Willock medical cannabis

‘Abuse of power’: UK ripped for British Virgin Islands cannabis law delay

The United Kingdom’s representative in the British Virgin Islands (BVI) is facing backlash over his apparent refusal to allow the country to establish a regulated medical cannabis industry. The country’s…

News December 10
Brazil

Brazil postpones evaluation of CBD formulation for medical coverage

A government evaluation to include a specific CBD formulation in Brazil's Public Health System (SUS) has been postponed.

News December 10
Chart showing the growing medical marijuana industry in New Mexico

New Mexico’s medical marijuana sales rise as prospects for recreational legalization improve

New Mexico’s medical marijuana sales have nearly doubled in the past two years despite strict plant-count limits, and the state might be better positioned to legalize recreational cannabis after neighboring…

News December 10
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