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Aurora Cannabis follows through with promised US entry via $40 million hemp deal

Canadian producer Aurora Cannabis has struck a $40 million stock deal to purchase U.S. hemp firm Reliva, checking off a long-stated ambition for the Alberta company’s executives to enter the…

News May 21
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Trying to navigate a city’s cannabis zoning maze? Here are some things to consider

Marijuana entrepreneurs seeking to open a business face a similar type of roadblock in virtually any U.S. market: municipal zoning regulations, which can be difficult and annoying.

News May 21
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Cannabis firm Green Growth Brands gets initial creditor protection

Ohio-based marijuana retailer Green Growth Brands said Wednesday it has filed for insolvency protection in Canada. The financially troubled multistate operator – with operations in Florida, Massachusetts and Nevada –…

News May 20
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LivWell continues Colorado expansion, buys marijuana retail chain Mindful

Colorado-based LivWell Enlightened Health continued its acquisition spree this month with the purchase of competing retail chain Mindful, which owns five cannabis stores in the state. According to Denver alt-weekly…

News May 20
Portland, Maine, Maryland

Maine’s largest city OKs adult-use cannabis, caps store licenses at 20

Portland, Maine, has opted into the state’s recreational marijuana industry with plans that call for 20 retail licenses and a scoring bonus for applicants who have been residents for at…

News May 20
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Cannabis stores coming to Canada’s remote Nunavut territory

The government of Nunavut will soon accept applications for cannabis stores, bringing bricks-and-mortar recreational marijuana storefronts to the only Canadian jurisdiction that still doesn’t have any. License applications will be…

News May 20
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Michigan expands parameters of marijuana social equity program

Michigan is again revamping its marijuana social equity program in an attempt to draw more entrepreneurs impacted by the war on drugs into the industry. To date, the program has…

News May 20
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Korean sovereign fund buys into cannabis as Canadian fund slashes Canopy stake

South Korea’s sovereign wealth fund bought up three Canadian cannabis stocks as they dipped to 52-week lows in the first quarter of 2020.

News May 20
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Ontario’s ‘virtual inspections’ of cannabis stores keep industry growing

Cannabis store entrepreneurs are crediting Ontario’s regulator for its quick transition to a virtual inspection regime amid the coronavirus pandemic, saying the move has been key to increasing the number…

News May 20
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