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Ohio medical marijuana program too expensive, study finds
More than 60% of Ohio residents are dissatisfied with the state’s medical cannabis program, citing high prices as the No. 1 reason, according to a recent study. The study, conducted…
News September 9Village Farms buying balance of Pure Sunfarms as cannabis M&A ‘improving’
Village Farms International is acquiring all the outstanding shares of cannabis producer Pure Sunfarms it does not already own. Vancouver, British Columbia-based Village Farms, which controls 58.3% of Pure Sunfarms,…
News September 9Massachusetts cannabis workers OK three-year labor deal
Employees at a Massachusetts marijuana cultivation and processing facility ratified their initial collective bargaining agreement, 10 months after being the first cannabis workers in the state to vote to unionize.…
News September 9Marijuana firm Cronos replaces CEO with consumer packaged goods veteran
Cronos Group has become the latest Canadian cannabis company to shake up its top ranks, replacing former CEO Mike Gorenstein with experienced consumer packaged goods executive Kurt Schmidt.
News September 9Mississippi heads for potentially close November vote on medical cannabis legalization
A business-friendly medical marijuana initiative with no license caps in the Deep South state of Mississippi faces a high hurdle in November, but even modest support could sway legislators in…
News September 9Cannabis MSO Columbia Care to buy California firm in $69 million deal
Multistate operator Columbia Care agreed to acquire Los Angeles-based marijuana grower and retailer Project Cannabis in a deal valued at $69 million. “The acquisition of Project Cannabis enables Columbia Care…
News September 8Groups push to delay lottery for Illinois marijuana retail licenses
As often happens after winners of state cannabis licenses are announced, losing applicants for retail licenses in Illinois are going to court to delay awarding the permits. Illinois announced finalists…
News September 8Cannabis banking numbers slip, but loans might be increasing
The number of financial institutions serving marijuana-related businesses declined slightly in the first six months of this year, according to federal data, likely because of COVID-19 and other factors.
News September 8Probe clears Maryland medical marijuana licensing of bias
An inquiry into Maryland’s 2019 medical marijuana licensing process found “no evidence of bias or undue influence,” according to a 40-page investigative report released last week. The licensing round, which…
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