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Initial closing of $61.5 Harvest-High Times cannabis retail deal completed

Multistate operator and vertically integrated marijuana company Harvest Health & Recreation finalized a deal to sell eight California retail stores to Los Angeles-based High Times Holding. Under terms of the…

News June 23
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Aurora Cannabis to close five facilities, lay off 700 staff as part of restructuring

Aurora Cannabis is shutting down five smaller production facilities and cutting roughly 700 employees as part of a corporate transformation plan over its next two quarters, with the goal of…

News June 23
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Ontario cannabis market surpasses 100 retail store authorizations

Canada’s largest market for adult-use cannabis products saw its 100th retail store authorization this month, Alcohol and Gaming Commission of Ontario records show, though not all the stores are open…

News June 23
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Australia reviewing ‘unlawful’ medical cannabis advertising

The regulatory body for therapeutic goods in Australia is reviewing complaints involving the noncompliant advertising of medical cannabis products. The Therapeutic Goods Administration (TGA) says it “has written to a…

News June 23
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Chart: Tepid adult-use cannabis sales in Massachusetts for first week of reopening

Recreational marijuana stores reopened in Massachusetts in late May after a state-mandated, two-month shutdown in response to the coronavirus, but sales during the first week were lukewarm. Retailers across the…

News June 23
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Oregon mulls banning additives in marijuana vaping products

The Oregon Liquor Control Commission, which regulates marijuana in the state, took its first step toward adopting rules that would ban non-cannabis additives from inhalable products containing THC, though MJ-derived…

News June 22
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Curaleaf amends deal to acquire cannabis multistate operator Grassroots

Vertically integrated cannabis company Curaleaf Holdings revised its deal to acquire privately owned multistate operator Grassroots Cannabis. The stock and cash transaction was originally announced in July 2019 with a…

News June 22
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Los Angeles proposes ‘major course change’ for cannabis business licensing, social equity

In a series of recommendations to the Los Angeles City Council, L.A.’s Department of Cannabis Regulation proposed an immense overhaul of its marijuana business licensing structure and social equity program.…

News June 22
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Marijuana MSO Jushi buys Vireo grow facility in Pennsylvania for $37 million

Florida-based Jushi Holdings, a multistate marijuana and hemp company, agreed to purchase Vireo Health International’s grower-processor operations in Pennsylvania for $37 million. To fund the purchase, Jushi secured $15.25 million in…

News June 22
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