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What Curaleaf’s hostile takeover bid for Aurora Cannabis is really about
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Canadian cannabis firm Cronos posts $31.3M operating loss in Q2
Toronto-based cannabis company Cronos Group reported an adjusted operating loss of $31.3 million for its second quarter, along with $40 million worth of coronavirus-related impairment charges on its U.S. operations.…
News August 6
Pennsylvania wraps up medical marijuana research partnerships
Marijuana multistate operator Parallel will provide $3 million in grants to the University of Pittsburgh to research medical cannabis under a 10-year agreement. The partnership is the eighth and final…
News August 6
Cannabis social equity makes progress in Washington state, but licensees will face notable obstacles
Efforts to broaden minority participation in Washington state's cannabis industry are underway, but government officials face obstacles to create a viable social equity program in a hotly competitive market with…
News August 6
MI may allow stand-alone adult-use cannabis licenses earlier than expected
Michigan is considering making recreational-only licenses available to marijuana businesses in November, a year ahead of schedule, according to the state's top cannabis regulator.
News August 5
Canada defers regulatory fee deadline for cannabis industry
Licensed Canadian cannabis companies are getting an extended deadline to pay an annual regulatory fee in light of disruptions caused by the COVID-19 pandemic. Federal cannabis license holders in their…
News August 5
Struggling marijuana MSO iAnthus loses Chief Strategy Officer Stavola
Beth Stavola resigned as chief strategy officer and board director for troubled multistate cannabis operator iAnthus Capital Holdings. The company did not expound on the resignation of Stavola, who previously…
News August 5
Tilray recalls ‘select batches’ of cannabis extracts in Germany
British Columbia, Canada-based Tilray is recalling a small amount of medical cannabis in Germany because of incorrect THC content, German independent pharmaceutical newspaper DAZ reported. The product is THC10:CBD10, a…
News August 5
Individual imports of cannabis continue to grow in Brazil
The cumulative number of authorizations for individual patients in Brazil to import nonregistered medical cannabis products reached 18,650 at the end of March, according to data shared with Marijuana Business…
News August 5
Cannabis industry veterans share measures they’ve taken to keep their companies viable amid the current downturn
Several cannabis industry executives discuss steps that companies can take to survive the current recession.
News August 5
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