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California legislative roundup: Are tax shifts on the way for the state’s cannabis industry?
The 2020 California legislative session began in January, and marijuana industry insiders say what happens by time it concludes could be make-or-break for the state’s legal MJ industry as it deals…
News March 11
Maine marijuana unit would target illegal market
A proposed new division of the Maine Drug Enforcement agency would focus on shutting down the illicit marijuana market that competes with state-licensed MJ growers, processors and retailers. The four-person…
News March 10Comp Tables as of March 9, 2020: Stocks drop 22% on average, compressing multiples further
Average trading multiples for U.S.-focused operators compressed this week, while Canada-focused operators still trade at a premium on sales compared to U.S. operators, despite a smaller market and lower margins.
News March 10
Cannabis edibles maker Wana Brands expands into Canada
One of the largest U.S. edibles makers, Colorado-based Wana Brands, has expanded into the Canadian market through a license agreement with Indiva. Under terms of the agreement, London, Ontario-based Indiva…
News March 10
Marijuana firm Vireo Health raises CA$10.5 million
Bruce Linton, the high-profile executive chairman of multi-state cannabis operator Vireo Health, invested $1 million in the Minneapolis-based company through a private placement stock offering that he organized. Linton, who was…
News March 10
In wake of coronavirus, cannabis firms look for packaging outside China
With factories in China shut down to prevent the spread of the coronavirus, some marijuana companies have turned to manufacturers in the United States, India and Mexico to source packaging for…
News March 10
New Cannabis Council head presses Canada health minister on red tape, exports, excise stamps
One of the first orders of business for new Cannabis Council of Canada head George Smitherman was a meeting with federal Health Minister Patty Hajdu to discuss issues facing the…
News March 10
Chart: What cannabis companies can learn from Canopy’s capacity cuts
Ontario, Canada-based cannabis producer Canopy Growth’s announced production cuts could help ease the nation’s oversupply issues as well as offer lessons for other operators on how to compete in a…
News March 10
Florida Cannabis Market Update: New milligrams-per-store analysis
Florida cannabis market data remained relatively stable through the week of March 5, with no major trend shifts or reversals to note. But we've added new analysis for you.
News March 9
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