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Australia looks to implement single medical cannabis license for producers

The Australian government held public consultations on a proposal to implement a single medical cannabis license for producers, which experts say would address lengthy delays and disproportionate levels of paperwork…

News February 4

Comp tables as of Feb 3: Multiples mostly flat

These comp tables provide a benchmark for private investors to evaluate existing and future investments as well as a menu for public investors to peruse.

News February 4
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Illinois adult-use cannabis sales hit $40 million in first month

Recreational marijuana stores in Illinois sold almost $40 million worth of product during the state's first month of legal sales.

News February 4
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Public comment period opens for Trinidad and Tobago’s cannabis law

Businesses have been invited to comment on Trinidad and Tobago’s proposed medical cannabis law, which is intended to form the legal framework for a new industry in the Caribbean’s largest…

News February 4
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Canada’s ‘cannabis health products’ review draws strong public interest, with 1,100-plus submissions

Canada’s federal health regulator received more than 1,100 responses from the public for its review of the potential market for cannabis health products, demonstrating strong industry interest in the potential…

News February 4
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Chart: Cannabis delivery companies adapt strategy to focus on increasing participation by women

As cannabis acceptance becomes widespread, consumer demographics have shifted to include more women, impacting methods used by businesses to reach their target audience.

News February 4
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Marijuana Ponzi scheme alleged in Washington state

A Washington state cannabis farm was the focus of a multimillion-dollar Ponzi scheme, an illegal example of the sudden-riches mentality in the legal marijuana industry, according to federal officials.

News February 3
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Florida Cannabis Market Update: Trulieve CBD volume down significantly as Curaleaf and Parallel trend up

Trulieve experienced a huge drop-off in milligrams of CBD sold in Florida over the past eight weeks, and the trend is accelerating this week.

News February 3
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New Mexico court allows medical cannabis business tax deductions

New Mexico medical marijuana providers can claim a tax deduction for prescription MMJ, the state's Court of Appeals ruled, providing dispensary owners with a potential tax break that is unavailable in…

News February 3
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