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US federal cannabis reform outlook: Progress expected in 2020, but distractions, high hurdles persist
President Trump’s impeachment trial, the upcoming elections, Iran and trade wars. That's a lot of distractions for federal lawmakers, and they represent some of the big reasons why many experts…
News January 22$50 million for Harvest to exit Falcon deal?
The dispute between Harvest Health & Recreation and Falcon International over a failed deal continues to heat up, with Harvest now apparently fighting over a $50 million breakup fee and…
News January 21Comp tables as of Jan. 20: Multiples continue to expand
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 January 21Aurora Cannabis offshoot Australis Capital announces CFO departure
Australis Capital, an investment group that spun off from Canada’s Aurora Cannabis, announced the departure of Chief Financial Officer Michael Carlotti. In a brief news release issued after market close on…
News January 21Judge sides with Missouri medical cannabis store in zoning fight
Missouri regulators cannot deny an application for a medical marijuana dispensary license before a hearing challenging zoning rules is held later this month, a judge ruled. Healing Center of Kansas…
News January 21Illinois social equity cannabis applicants laud licensing help from consultants, technology
Many marijuana industry watchers tout the social equity program in Illinois as one of the most far-reaching and likely to succeed in the U.S. cannabis sector. However, experts also note that…
News January 21Aphria One, Brampton subsidiary receive EU-GMP certifications, clearing way for European cannabis exports
Aphria has received its first two essential European quality standard certifications, which the Canadian medical cannabis producer says will allow it to export finished dried flower and oil in bulk…
News January 21California marijuana firm Falcon seeks $50 million from Harvest
California-based cannabis firm Falcon International wants a $50 million breakup fee from multistate operator Harvest Health & Recreation. Falcon is asking for a cash payment as part of a move…
News January 21New Zealand to overturn cannabis vaporizer ban, clearing the way for imports
New Zealand plans to reverse a law banning cannabis vaporizers before new regulations kick in for the launch of the country’s medical program in April, Marijuana Business Daily has learned.
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