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Australis ends purchase of Colorado CBD firm after lurid charges emerge

Australis Capital, a cannabis investment firm based in Las Vegas, terminated its planned acquisition of hemp company Folium Biosciences in the wake of shocking headlines that surfaced regarding the Colorado…

News February 20
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Alberta cannabis cultivators eligible for agriculture grants

Cannabis producers and processors in Alberta, Canada, might be able to access a suite of cost-sharing programs through the Canadian Agricultural Partnership (CAP), a joint federal-provincial initiative, if they meet…

News February 20
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Multistate operators hog Missouri medical cannabis licenses

Missouri granted medical marijuana licenses to some of the largest multistate cannabis operators in the U.S., leading to a flurry of complaints from applicants who were rejected.

News February 20
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Peru sells out of medical cannabis

Peru’s only medical cannabis product is out of stock, not even three months after sales began. This means patients have no option to legally access regulated medical cannabis in the domestic…

News February 20
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California Marijuana Notebook: How illicit market competition, industry divisiveness hound the state’s legal cannabis market

It's an open secret in the California marijuana industry that since the state launched licensed adult-use sales in 2018, many - if not most - legal operators have done business illegally…

News February 20
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Investment experts shed light on marijuana prospects in 2020

The cannabis investing landscape has changed significantly in the past 12 months. A year ago, the industry saw a record number of deals of record size; now, capital has become…

News February 19
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California extraction firm that serves cannabis sector sells for $50 million

Gibraltar Industries, a diverse manufacturing company based in Buffalo, New York, paid $50 million for the assets of Delta Separation, an ethanol extraction equipment manufacturer that sells to the cannabis…

News February 19
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Grassroots Cannabis inks $19.7 million sale-leaseback deal

NewLake Capital Partners is buying and leasing back 10 marijuana retail stores in six states from Chicago-based Grassroots Cannabis in a deal valued at up to $19.7 million. NewLake, which…

News February 19
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Scatterday appointed CEO of marijuana tech firm Tilt Holdings

Tilt Holdings, a Massachusetts-based cannabis company with a focus on technology, on Wednesday installed Mark Scatterday as permanent CEO. He had served as the company’s interim CEO since May 2019. In…

News February 19
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