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Aphria secures CA$100 million injection from anonymous investor

Canadian cannabis producer Aphria said Friday it has entered into an agreement with an institutional investor for a strategic investment worth 100 million Canadian dollars ($76 million). Chief Corporate Affairs Officer Tamara…

News January 24
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Canadian medical cannabis firms eligible for federal government funding

Medical marijuana companies in Canada interested in exploring business opportunities overseas are eligible to receive financial aid and other forms of support from the federal government through Canada's Trade Commissioner Service…

News January 24
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Cannabis firms cautiously optimistic New York could legalize adult-use sales this year

New York Gov. Andrew Cuomo has revived the prospects for legalizing recreational marijuana sales in 2020 through the state’s Legislature, but cannabis businesses are taking a tentative approach after legalization…

News January 24
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California to require marijuana retailers to exhibit QR code

Citing the 2019 vaping crisis, California cannabis regulators on Thursday mandated that licensed marijuana retailers and distributors display a QR code in order to differentiate legal cannabis businesses from illicit ones.

News January 23
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9,000 vape cartridges recalled from Detroit medical cannabis store

Michigan regulators recalled 9,380 vaping cartridges containing vitamin E acetate sold by a licensed medical marijuana dispensary in Detroit. The vape cartridges recalled by the state’s Marijuana Regulatory Agency (MRA) came from…

News January 23
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No edibles under New Zealand’s medical cannabis scheme, government says

Businesses will be barred from marketing cannabis edibles under New Zealand’s medical program, which kicks off in April, the government confirmed to Marijuana Business Daily, eliminating for now the opportunity…

News January 23
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Cresco Labs secures up to $200M in debt for marijuana operations

Cresco Labs, a multistate cannabis operator based in Chicago, said it has secured up to $200 million in debt funding from a syndicate of lenders. The money is earmarked for:…

News January 23
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Thailand issues 442 medical cannabis licenses, but full market access years away, report says

Thailand is on track to be competitive in the nascent Asian medical marijuana and hemp markets, but the full commercialization of the sector and liberal access for private businesses is…

News January 23
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First cannabis consumption site in Illinois gets nod

Illinois’ capital city approved the first social consumption marijuana establishment in the state. Illinois Supply and Provisions plans to connect the consumption space to its recreational and medical marijuana store in…

News January 23
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