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New $102 million equity fund targets ancillary cannabis businesses
Pennsylvania-based Intrinsic Capital Partners said it raised $102 million in a fund that will invest in science and technology businesses focused on the legal marijuana and hemp industries. “We believe…
News October 16Advice for cannabis executives who want to address social justice
The International Drug Policy Consortium (IDPC)’s new report about the responsible regulation of cannabis shines a light on why companies should address broader issues such as social justice and sustainability.…
News October 16Marijuana advocates seriously eye federal legalization after election
Federal marijuana legalization could be only months from becoming reality, spurring Washington DC-based MJ advocates to seriously consider a "post-prohibition" world as they map out political strategies for 2021.
News October 16Retail marijuana sales take a slight downturn in Colorado
Retail cannabis sales had been on a steady upward trend month-on-month in Colorado despite the coronavirus pandemic, but that momentum backslid in August. According to CPR News, the Colorado Department of…
News October 15Analysis highlights lack of diversity in Canada’s legal cannabis industry
Leadership positions in Canada's regulated marijuana sector continue to be held predominantly by white males, according to a statistical analysis released this week.
News October 15Scotts Miracle-Gro leads funding to legalize adult-use cannabis in NJ
Agricultural giant Scotts Miracle-Gro is the largest contributor so far to efforts to legalize recreational marijuana in New Jersey, donating $800,000 of the nearly $1.3 million raised as of Oct.…
News October 15UFCW, medical marijuana grower ink labor contract in Rhode Island
Organized labor continues to make inroads into the cannabis industry with the United Food and Commercial Workers Union (UFCW) announcing the first agreement with a medical marijuana cultivator in Rhode…
News October 15Access barriers stall Canadian medical cannabis market, survey shows
Systemic barriers are making Canada’s legal medical cannabis program prohibitive, causing patients to seek treatment in recreational and unregulated channels with no oversight from medical practitioners, a new survey says.…
News October 15Aphria’s record Canadian cannabis sales marred by weak EU revenue
Strong demand in Canada for Aphria’s recreational marijuana products failed to offset disappointing international revenue in the Leamington, Ontario-based company’s first fiscal quarter. The Canadian producer’s net revenue declined 4.5%…
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