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Cannabis giant Harvest Health seeks to terminate acquisition

Harvest Health & Recreation, an Arizona-based multistate marijuana operator, on Wednesday said it has filed a federal lawsuit against Falcon International seeking to terminate its merger agreement with the California-based…

News January 8
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Massachusetts vaping death linked to marijuana

A man in his 70s who had reported vaping THC died from a vaping-related illness. The unidentified man is the fourth person in the state whose death has been linked…

News January 8
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Cannabis comp tables as of Jan. 7: US multiples still trail Canadian

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 8
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Will Horgan deliver for cannabis sector in 2020? Experts offer policy ideas for British Columbia’s premier

British Columbia has thus far failed to transition much of the thriving noncompliant cannabis market into the regulated fold. The province’s dismal sales through legal channels reached only 12 million…

News January 8
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Weedmaps drops thousands of unlicensed cannabis ads, but some illegal shops remain

California-based Weedmaps has lived up to the pledge it made in August of dropping unlicensed marijuana retailer ads from its site by New Year's Day. But there's a caveat: The…

News January 8
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Some Illinois adult-use marijuana shops close due to product shortages, high demand that totaled $11M in sales in first week

Illinois cannabis shops have had approximately a week to sell recreational marijuana since the state began allowing it Jan. 1, and demand has proven so extreme that – despite enjoying…

News January 7
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Cannabis captures beer market share in first year of Canadian legalization

The volume of beer sold in Canada declined 3% in the first 11 months of 2019 compared to the same period in 2018, according to new data from provincial alcohol…

News January 7
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Vireo’s Maryland medical marijuana workers ratify union pact

Multistate cannabis operator Vireo Health on Tuesday announced that employees at its wholly owned subsidiary in Maryland, MaryMed, overwhelmingly voted to ratify a collective-bargaining agreement with United Food and Commercial…

News January 7
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New Mexico medical cannabis firm wins $69,000 in lawsuit settlement

Officials of events company Expo New Mexico agreed to drop a pending appeal and pay $69,600 to medical marijuana company Ultra Health as part of a lawsuit settlement.

News January 7
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