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Poll: Is coronavirus, or something else, your top cannabis business concern?

As the coronavirus rattles broader stock markets around the world, it is also making it even harder for cannabis companies to raise money from investors in an already-tight funding environment.…

News March 6
COVID

Coronavirus will compound financial pressures for cannabis companies but also provide openings for investors

As the coronavirus rattles broader stock markets around the world, it is also making it even harder for cannabis companies to raise money from investors in an already-tight funding environment.

News March 6
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Canadian indoor grow capacity to decline 7% on Canopy’s announced cuts

New Canopy Growth CEO David Klein is already imposing discipline upon the Canadian market by closing a staggering 58% of the Ontario company's existing indoor production capacity and 29% of…

News March 5
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Utah’s top medical marijuana regulator is stepping down

Less than a week after the first medical marijuana dispensary in Utah opened its doors, the state’s top cannabis regulator announced he is resigning. Andrew Rigby, director of the state’s…

News March 5
Image of a woman's hand holding a cannabis leaf in front of a Canadian flag

Ontario Cannabis Store releases first annual report covering legalization

The government-owned Ontario Cannabis Store released its first annual report covering the period marijuana was legalized in Canada, roughly 17 months ago, for a fiscal year that started almost two…

News March 5
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Investors target distressed cannabis companies for new opportunities

Could it be a win-win deal? An increasing number of investors - including mainstream investment banks new to cannabis - have begun seeking out cash-strapped marijuana companies with the aim…

News March 5
Michigan marijuana sales

New Michigan rule could increase business for cannabis growers

Michigan regulators agreed to phase out medical marijuana caregivers, a move that could generate more business for the state’s licensed cannabis growers and processors. Authorized caregivers who grow cannabis have been…

News March 5
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Investing in distressed marijuana businesses: Q&A with Trava Capital’s James Parker, former MedMen CFO

James Parker is no stranger to the marijuana industry or distressed-asset investing, and he's aiming to combine both with a private equity firm he founded in December - California-based Trava…

News March 5
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Mexican Senate commissions approve marijuana bill legalizing recreational use

Three Senate commissions in Mexico acting together passed legislation on Wednesday to legalize all forms of cannabis, bringing the Latin American country one step closer to launching the world’s largest…

News March 4
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