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What Curaleaf’s hostile takeover bid for Aurora Cannabis is really about
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As consolidation hits Canadian cannabis retail, more mergers and acquisitions expected
Consolidation is picking up among Canada's regulated cannabis retailers as recreational marijuana sales continue their upward monthly trend, with industry insiders predicting more store mergers and acquisitions.
News November 26
Georgia taking applications to produce ‘low-THC’ marijuana oil
Georgia regulators are taking applications to process and manufacture medical marijuana oil in the state's limited program.
News November 25
Growing markets lift multistate cannabis operator earnings as many MSOs turn the corner
Publicly traded multistate cannabis operators generally enjoyed robust third-quarter financial performances, bolstered by sizzling sales growth during the coronavirus pandemic and a focus on state markets that are growing.
News November 25
Cannabis SPAC acquires Caliva and Left Coast Ventures, hires Jay-Z
New York-based Subversive Capital Acquisition Corp., a special-purpose acquisition company, said it has acquired two California cannabis companies and hired rapper and producer Shawn "Jay-Z" Carter in a role to…
News November 24
Marijuana firm Vireo files prospectus to issue up to $200 million in securities
Minneapolis-based Vireo Health International said it has filed a preliminary prospectus in Canada to sell as much as 260 million Canadian dollars ($200 million) in securities if and when market…
News November 24
Supply-demand imbalance grows for Canadian cannabis edibles
Makers of edible cannabis products in Canada continue to stock more goods than they’re able to sell, the latest data from Canada’s cannabis regulator shows. In August, federal license holders,…
News November 24
California judge rules against cannabis billboard ads on interstate highways
Billboards for marijuana companies are commonplace in California, but that advertising option for cannabis businesses is about to shrink based on a district court judge’s ruling. According to TV station…
News November 24
Latin American cannabis exports continue to fall short of lofty expectations
Expectations that Latin America would become a significant exporter of cannabis for medical and scientific use have not yet materialized, with total export revenue from the continent estimated to be…
News November 24
Maine’s recreational marijuana sales reach $1.4 million in first month
Regulated recreational marijuana retailers in Maine sold $1.4 million worth of cannabis in the first month of adult-use legalization, which kicked off on Oct. 9. The preliminary, unaudited sales data…
News November 24
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