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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 18California 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 18Medical 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 18New 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 18Analysis: 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 18Green 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 18Wholesale 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 18Marijuana 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 18Chicago 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.…
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