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What Curaleaf’s hostile takeover bid for Aurora Cannabis is really about
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Colorado cannabis firms Schwazze, Medicine Man Denver part ways
Medicine Man Denver, a Colorado-based cultivator and retailer, and Schwazze, formerly Medicine Man Technologies, terminated their agreement, effective Aug. 20.
News August 17
Marijuana MSO Acreage wins motion to block Maine city from favoring residents
Marijuana multistate operator Acreage Holdings continues to prevail in its legal efforts to thwart Maine and, now, its largest city from favoring homegrown businesses in the state’s impending adult-use market.…
News August 17
How to choose a tracking system: Scaling your cannabis company beyond compliance
Many states with legalized medical or recreational cannabis mandate license holders to report product movement using a chosen reporting system.
News August 17
Florida REIT raises $80 million to lend to cannabis companies
AFC Gamma, a real estate investment trust (REIT), raised $80 million that, coupled with a $40 million credit line, gives the West Palm Beach, Florida, firm approximately $120 million to…
News August 17
State treasurers group lobbies for marijuana banking in coronavirus bill
A coalition of state treasurers across the country are urging Congress to include cannabis banking reform in the next coronavirus relief stimulus package to give the economy a needed infusion…
News August 17
Battling insurers in the aftermath of lootings: Q&A with California cannabis executive Keith Stephenson
Keith Stephenson’s 14-year-old Oakland cannabis shop, Purple Heart Patient Center, was one of scores that were ransacked the weekend of May 29 during widespread Black Lives Matter protests in California…
News August 17
Struggling economy might signal time for cannabis businesses to seek out real estate deals
The COVID-19 crisis and ensuing economic downturn have created opportunities for cannabis companies to finagle deals on real estate belonging to mainstream businesses or marijuana firms that are scaling back…
News August 16
Week in Review: Canopy CEO’s huge compensation, states’ strong cannabis sales, vaping’s popularity & more
The total compensation for the new CEO at Ontario, Canada-based Canopy Growth was an eye-popping $33.8 million (45 million Canadian dollars), according to the proxy statement the company released after…
News August 15
Maine sets October date to commence recreational cannabis sales
In a long-awaited move, Maine regulators set an Oct. 9 date for recreational cannabis sales to begin, nearly four years after voters approved adult-use sales. The state’s Office of Marijuana…
News August 14
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