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What Curaleaf’s hostile takeover bid for Aurora Cannabis is really about
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Ascend Wellness completes $68 million raise, acquires Illinois marijuana shops
Ascend Wellness Holdings, a multistate operator based in New York, said Tuesday it closed a $68.2 million funding round and reached agreement to acquire two more Illinois marijuana retailers. The…
News August 25
Hexo, Molson Coors launch Truss cannabis beverage portfolio
Canadian cannabis producer Hexo Corp. and brewer Molson Coors Canada have launched new beverage products under their Truss Beverage Co. joint venture, marking increased competition in Canada’s much-hyped marijuana beverage…
News August 25
Pennsylvania governor urges legalization of adult-use cannabis
Pennsylvania Gov. Tom Wolf on Tuesday called on lawmakers to legalize a commercial recreational marijuana program during the fall legislative session. The request reflects the mounting pressure for states to…
News August 25
No decision this summer on New Brunswick cannabis store privatization
A decision to privatize cannabis store sales in New Brunswick will not be made until after the province’s September election. The province had anticipated executing an agreement in early July,…
News August 25
Correction: Iron Laboratories marijuana testing lab is open
A story that ran on Marijuana Business Daily on Thursday, Aug. 21, about Iron Laboratories in Walled Lake, Michigan, was incorrect and should not have been posted. Iron Laboratories is open…
News August 25
Chart: Nationwide sales of adult-use cannabis further eclipse those of medical marijuana
While the United States has three times as many state medical marijuana markets than adult-use programs, recreational sales are expected to be roughly 30% or more above MMJ in 2020.
News August 25
Canada, US business groups to support global cannabis industry expansion
Two North American business groups signed a memorandum of understanding to support Canadian and American companies seeking to capitalize on the growth of the international cannabis market. The agreement between…
News August 24
Several Colorado cities, counties may loosen marijuana business restrictions
As local governments across the nation look to expand their tax base during the recession, several in Colorado are contemplating loosening restrictions on marijuana companies, including prohibitions on home delivery,…
News August 24
More licensed cannabis stores coming to Manitoba
The next wave of cannabis stores has begun to arrive in Manitoba, giving Canada’s regulated marijuana industry a chance to increase market share in the country’s fifth-most-populous jurisdiction. Manitoba’s government…
News August 24
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