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Denver marijuana tech firm buying Canadian company for $45 million

Denver-based Akerna, a technology cannabis compliance company, on Wednesday said it plans to pay up to $45 million in stock and cash for Canada-based Ample Organics. Ample Organics is a…

News December 18
marijuana taxes

California agency suggests state marijuana tax system shift to potentially lower rates, address illicit-market threat

An independent California state agency issued a long-awaited report about the state’s cannabis tax system, and its recommendations include a major overhaul that would simplify and possibly reduce marijuana tax…

News December 18
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Medical cannabis products removed from Pennsylvania shops

TerraVida Holistic Center, the largest medical marijuana retailer in Pennsylvania, removed Standard Farms products from its stores after allegations surfaced that former executives of the company broke public safety laws.

News December 18
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New Zealand finalizes groundwork to launch medical cannabis industry in April

New Zealand completed the regulatory foundation for its medical cannabis sector this week, making a key concession by not requiring specialist approval for prescriptions.

News December 18
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Analysis: Germany’s medical cannabis market loses momentum but on pace to surpass 100 million euros

Insurance reimbursements for medical cannabis in Germany reached a new high during the July-September period, according to recently published data by the German National Association of Statutory Health Insurance Funds (GKV-Spitzenverband). However, the data…

News December 18
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Green Growth ends $310 million purchase of marijuana firm

Green Growth Brands, an Ohio-based cannabis and CBD company, said Wednesday it is terminating its $310 million, all-stock purchase of California marijuana company Moxie, a privately held multistate operator. Green Growth…

News December 18
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Wholesale cannabis bud prices in Colorado set record

The median price of a pound of marijuana flower sold or transferred to a retail store in Colorado rose to a record $1,316, according to the most recent state data.…

News December 18
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Marijuana vape products recalled in Michigan

The Marijuana Regulatory Agency (MRA) is recalling vape cartridges that failed laboratory testing because they contained high levels of vitamin E acetate, a substance linked to lung illnesses cause by…

News December 18
illinois recreational marijuana

Chicago considers delaying recreational cannabis sales

Sales of adult-use marijuana in Chicago would begin July 1, not Jan. 1, like the rest of the state, if an ordinance passed by a City Council committee is adopted.…

News December 18
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