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Cannabis grow firm seeks to raise $125 million in stock offering

GrowGeneration Corp., a cannabis cultivation company that owns a chain of hydroponic garden centers, intends to raise an additional $125 million through a secondary stock offering to fuel expansion, according…

News December 8
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Germany’s growing medical cannabis extract market attracts competition

Germany’s market for medical cannabis extracts has shown meaningful growth this year, according to the latest reimbursement data available, and the gains have attracted new brands and products. While the…

News December 8
Chart showing the growth of adult-use marijuana sales in Anchorage, Alaksa.

Anchorage recreational marijuana sales a bullish indicator of Alaska’s growing market

Recreational marijuana sales in Alaska’s largest city continued to grow in 2020 despite the COVID-19 pandemic, highlighting the resiliency of the state’s adult-use industry even in challenging conditions. Anchorage posted…

News December 8
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Biden to pick attorney general soon; choice could favor marijuana industry

President-elect Joe Biden told reporters Monday he plans to identify his attorney general this week, a cabinet post that could be critical for the marijuana industry.

News December 7
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Medical cannabis edibles production set to launch in Missouri

One of the newest medical cannabis markets to launch - Missouri - has yet to see dispensaries stock their shelves with edibles, but that will change in a matter of…

News December 7
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Ontario criticized for not properly monitoring cannabis inventory

Ontario’s adult-use cannabis regulator has not been adequately monitoring the movement of marijuana products in the province’s growing number of retail stores, according to the province’s auditor general, Bonnie Lysyk.…

News December 7
South Dakota marijuana

South Dakota AG defends under-fire recreational marijuana measure

The attorney general of South Dakota is asking a judge to dismiss a lawsuit from two state law enforcement officers that challenges an adult-use marijuana legalization measure passed by voters.…

News December 7
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Arizona cities might opt out of adult-use cannabis sales expansion

The city councils of two sizable municipalities in Arizona are planning to vote against allowing new adult-use cannabis businesses and testing labs, even though the state's voters approved a recreational…

News December 7
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New Jersey lawmakers agree on recreational marijuana legalization bill

Legislative leaders and New Jersey Gov. Phil Murphy said they agreed on a compromise to establish the state’s recreational marijuana market, and a vote on the implementation bill is expected…

News December 7
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