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Aurora Cannabis execs saw raises, bonuses despite multibillion-dollar loss

Top Aurora Cannabis executives were rewarded with millions of dollars in bonuses and raises for the fiscal year ended June 30, the company disclosed, despite mass layoffs and a loss…

News October 2
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Billions at stake as voters decide on medical, adult-use marijuana markets in five states

Voters in five states will decide whether to legalize medical and recreational cannabis on Nov. 3, with billions of dollars of market opportunities hanging in the balance.

News October 2
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Cannabis product testing lab in Oregon forced to halt operations

Oregon regulators suspended the license of a marijuana testing lab for a series of violations, most of which predate the facility’s destruction earlier this month by the Almeda wildfire. The…

News October 1
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Schwazze backs out of deal to acquire marijuana R&D firm MedPharm

Denver-based Schwazze said it has terminated its planned acquisition of MedPharm, a medical marijuana company in the same city that landed Colorado’s first cannabis research and development license. Schwazze said…

News October 1
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Ayr Strategies moves into Ohio medical cannabis market, boosts PA presence

Ayr Strategies announced deals worth $39 million that will allow the multistate marijuana operator to enter a new market, Ohio, and expand its presence in Pennsylvania. The company’s two transactions…

News October 1
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Spain still won’t allow local cannabis market, even as exports are occurring

Spain has several medical cannabis licensed producers, and at least one already exports flower to countries such as Germany.

News October 1
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Ultra Health sues New Mexico over medical marijuana rules

Ultra Health, the largest medical cannabis company in New Mexico, is suing the state over MMJ rules the firm deems too restrictive.

News October 1
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Western wildfire smoke delays outdoor cannabis harvest, exposing climate impact

The record wildfires that have blanketed the West Coast in smoke and ash also have blocked out essential sunlight and set back the growth of outdoor marijuana plants by weeks,…

News October 1
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Marijuana and the 2020 election

With this fall’s general election the U.S. marijuana industry could see its biggest spike in business opportunities since the 2016 election. Back then, four states—California, Maine, Massachusetts and Nevada—legalized recreational…

News October 1
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