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What Curaleaf’s hostile takeover bid for Aurora Cannabis is really about
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New medical cannabis product recall in Germany
Cologne, Germany-based Cannamedical is recalling a batch of cannabis flower after contamination above acceptable levels was detected, Marijuana Business Daily has learned.
News September 16
Canopy Rivers’ cannabis joint venture PharmHouse gets creditor protection
PharmHouse, a Canadian cannabis joint venture partly owned by venture-capital firm Canopy Rivers, received an initial court order granting creditor protection while the company explores restructuring.
News September 16
New wave of multistate marijuana operators hope they have the ‘secret sauce’ to succeed
A second round of multistate marijuana operators are rapidly expanding their geographic footprints, taking advantage of acquisition and licensing opportunities as well as their ability to raise financing. The companies…
News September 16
New Jersey adding more medical cannabis dispensaries
New Jersey, currently home to only 11 medical marijuana dispensaries, will be getting its 12th on Thursday - in advance of even more opening in the coming months.
News September 16
Four tips to navigate cannabis mergers and acquisitions in a distressed market
In the midst of an extended economic downturn, cannabis companies have few options for raising capital. Equity remains elusive, while debt and sale-leasebacks are generally available only to those with…
News September 16
Maine licenses first recreational marijuana manufacturing facility
Maine regulators licensed the state’s first recreational marijuana manufacturing facility along with two adult-use cannabis stores to begin sales when the market launches Oct. 9. According to the Portland Press…
News September 15
Two Canadian cannabis retail chains report sales growth, net losses
Two of Canada's biggest cannabis retail chains have posted increasing quarterly revenues as the nation's adult-use marijuana market continues to grow.
News September 15
Multistate cannabis operator Holistic Industries raises $35 million
Holistic Industries, a Maryland-based multistate cannabis operator, said it raised $35 million in debt financing to fund cultivation and processing build-outs as well as new licensing and distressed asset opportunities.…
News September 15
Ontario cannabis firm Hexo announces fourth chief financial officer in two years
The chief financial officer carousel is turning once again at cannabis producer Hexo Corp. The Ontario, Canada-headquartered company said Trent MacDonald will take over as the company’s next CFO.
News September 15
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