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SEC lawsuit alleges marijuana investor manipulated MassRoots stock

The U.S. Securities and Exchange Commission filed a lawsuit against longtime marijuana investor Douglas Leighton, alleging that he and six associates made millions of dollars by engaging in illegal stock manipulation…

News April 14
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Most Danish health agency inspections on hold, including those for cannabis producers

The Danish Medicines Agency has put most inspections on hold because of the COVID-19 pandemic.

News April 14
Marijuana research

Denver OKs cannabis research license

The Denver City Council approved a new license to research cannabis as part of the city’s moves to update its marijuana business laws. The vote was 12-1 in favor of the research…

News April 14
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Chart: Forced store closures hit Massachusetts marijuana retailers to the tune of $2 million per day

Lost recreational marijuana sales in Massachusetts stemming from forced store closures already could amount to $40 million among the state's cannabis retailers, underscoring business owners’ need to be strategic about…

News April 14
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Organigram posts revenue decline, net loss in second quarter

Organigram Holdings Corp. saw net revenue decline on a quarterly basis in the second quarter of its fiscal year, from 25.2 million Canadian dollars ($18.1 million) in the first quarter…

News April 14
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Raises, professional development courses boost cannabis workers’ morale during COVID-19 pandemic

In states where cannabis businesses have been deemed essential, employees at many companies are being asked to continue working, putting themselves at risk of infection from the coronavirus.

News April 14
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James E. Wagner Cultivation cannabis assets up for grabs

The assets of Kitchener, Ontario-based cannabis cultivator James E. Wagner Cultivation Corp. (JWC) are up for sale for at least 11.95 million Canadian dollars ($8.61 million), the company said Monday.

News April 13
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Massachusetts marijuana commission member stepping down

Kay Doyle is leaving her spot on the commission that regulates medical and recreational cannabis in Massachusetts. Doyle, who was appointed to the Cannabis Control Commission when it was created in…

News April 13
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Cannabis producer Hexo raises CA$46 million in public offering

Ontario-based cannabis grower Hexo on Monday announced the closing of an underwritten public offering worth 46 million Canadian dollars ($33 million). The offering sold 59,800,000 units for CA$0.77 each. Each…

News April 13
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