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What Curaleaf’s hostile takeover bid for Aurora Cannabis is really about
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Red tape hampers Peru’s medical cannabis market, but new products expected soon
Medical marijuana companies seeking to serve patients in Peru have been stymied by government red tape, but that appears to be slowly changing with a handful of products poised to…
News September 4
Cannabis companies secure fresh funding deals as investors wade back into capital markets
Marijuana businesses have raised hundreds of millions of dollars in recent months, a trend that is expected to continue as an investment dry spell that began late last year appears…
News September 4
Massachusetts credit union partners with marijuana payment processor
The GFA Federal Credit Union, which said in 2018 that it would serve Massachusetts marijuana companies, announced a new partnership this week with cannabis payment processor Hypur to bring digital…
News September 3
Canopy confirms layoffs at Niagara-on-the-Lake cannabis facility
Cannabis producer Canopy Growth has implemented more layoffs, this time at its operation in Niagara-on-the-Lake, Ontario, the company confirmed. “Canopy Growth did conduct a number of layoffs in Niagara-on-the-Lake as…
News September 3
California city rejects MedMen application for cannabis store license
Troubled multistate marijuana operator MedMen Enterprises was rejected for a conditional-use permit needed to open a planned retail outlet in Pasadena, California – the result of material changes, including management…
News September 3
German group rejects CBD narcotic classification, wants sales only via prescription
An association of pharmacies dispensing medical cannabis in Germany spurned the idea that CBD ought to be considered a narcotic but wants the cannabinoid to remain available only via prescription.
News September 3
Aurora Cannabis faces lawsuit over sublingual-strip licensing agreement
Aurora Cannabis is being taken to court by CTT Pharma, a Canadian developer of drug-delivery technologies that alleges the marijuana giant is making a bad faith effort to avoid paying…
News September 3
4% of Canadian cannabis licensees Indigenous-affiliated, with systemic barriers ‘baked into system’
Just over a dozen Indigenous-affiliated cannabis companies have wound their way through Health Canada’s marijuana licensing process in the past 18 months, according to new data provided to Marijuana Business…
News September 3
Massachusetts leads in giving social equity applicants exclusive access to cannabis delivery licenses
Massachusetts is one of the only states in the nation to set aside marijuana delivery licenses exclusively for minority entrepreneurs, a move that could serve as a model for other…
News September 3
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