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Curaleaf entry into Colorado portends tougher competition

Curaleaf is not likely to be content with BlueKudu's current $2.7 million in sales given its the company's pro forma revenue guidance of $1.0 billion to $1.2 billion.

News March 6
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First adult-use cannabis topical ships in Ontario

Toronto-based 48North Cannabis shipped its cannabinoid-based topical to the Ontario Cannabis Store this week, tapping a market that could potentially reach 175 million Canadian dollars ($130 million). The company said…

News March 6
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Marijuana businesses fight state efforts to limit THC content in flower, concentrates

Lawmakers in several states have sought to limit the amount of THC in cannabis – moves that, if successful, would likely result in costly business adjustments, loss of sales to…

News March 6
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Postponed vote on WHO cannabis recommendations reveals international disagreements, uphill battle ahead

The 63rd session of the United Nations Commission on Narcotic Drugs (CND) in Vienna this week laid bare deep divisions in the international community over the World Health Organization (WHO) cannabis…

News March 6

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
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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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