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Volatility in the cannabis sector has opened opportunities for willing investors
New York-based investment firm Navy Capital is bullish on the cannabis industry. Since 2016, the company has invested about $200 million in roughly 40 different cannabis companies.
News February 16
Week in Review: NM nixes adult-use cannabis bill, Aurora posts big loss, Trump seeks money to regulate CBD/hemp & more
A New Mexico Senate panel scraps legislation to legalize recreational marijuana, Aurora Cannabis reports a steep loss for its second quarter, President Trump’s 2021 budget proposal seeks additional money for…
News February 15
MJBizDaily launches annual marijuana industry survey seeking business data
Help Marijuana Business Daily help you by participating in the eighth annual survey of cannabis industry executives and investors. The undertaking that will help Colorado-based MJBizDaily provide key market, financial and operational data for…
News February 14
Nevada cannabis testing lab fined $70,000 for inflating THC levels
A Nevada marijuana testing lab inflated THC levels on cannabis products by as much as 10%, according to a settlement agreement approved by state regulators. Certified Ag Labs, which runs…
News February 14
Canadian cannabis firm Canopy sees stock soar on revenue growth
Canadian marijuana giant Canopy Growth on Friday reported fiscal third-quarter net revenue that soared 62% from the second quarter, jumped 49% from its third quarter in 2019 and drove up its stock…
News February 14
Former UN drug policy chief joins Thai cannabis company as president
A former head of the United Nations body responsible for international drug treaty compliance has been hired as president of Thailand's leading medical cannabis company, lending a significant voice to…
News February 14
Medical cannabis business opportunities could swell in several states this year
Several states could expand their medical cannabis programs this year through new laws or regulatory policies, opening the door to additional business licenses, more sales for existing cannabis operators and…
News February 14
California unions ask state’s Democrats to shut out major cannabis trade group
The California Cannabis Industry Association might have a serious political problem in Sacramento.
News February 13
Aurora Cannabis: EBITDA targets will be difficult to achieve
What Aurora has to do in terms of sales and expenses in order to produce that level of EBITDA will be tough given its current cost structure, consumers trending to…
News February 13
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