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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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Cannabis greenhouse retreat continues as Canopy closes two facilities, sheds 500 jobs

Another Canadian cannabis producer is slashing jobs and closing greenhouses in the wake of a years-long expansion drive that resulted in an oversupplied market and underutilized facilities. Canopy Growth, one…

News March 4
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Massachusetts’ capital city gets new marijuana board

With Boston about to see the opening of its first recreational marijuana store, the mayor on Wednesday staffed the city’s new Cannabis Board. Mayor Martin Walsh appointed five members to…

News March 4
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Ontario received 450 cannabis store applications on March 2

Approximately 450 cannabis stores applications were filed in Ontario on March 2 - the first day Retail Store Authorization (RSA) submissions were accepted under the province’s new open-market process.

News March 4
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Arkansas can resume issuing medical cannabis licenses, judge says

A medical marijuana dispensary applicant in Arkansas lost a legal challenge to obtain an MMJ license, which means the state can restart the permitting process. In response to Medicanna’s lawsuit…

News March 4
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Some global cannabis trade events, key for business marketing and growth, feel coronavirus sting

Some U.S. and international cannabis industry conferences and trade shows – important for marijuana and hemp businesses to market their products and cultivate relationships with vendors and buyers – are…

News March 4
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