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Cannabis firms must focus on profitability, communication for long-term viability

The cannabis industry is at a crossroads where companies will need to differentiate based on profitability, strong yet simple capital structures and investor communication.

News December 17
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New Jersey lawmakers vote to put adult-use cannabis on 2020 ballot

New Jersey lawmakers approved a historic resolution Monday that will put adult-use marijuana legalization on the 2020 ballot. Both the New Jersey Senate and Assembly passed the resolution by the…

News December 16

Illegal marijuana crackdown

California officials continued their crusade against the illicit cannabis market in December with 24 search warrants served on illegal cannabis shops in the Los Angeles area.

News December 16
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Montana to begin enforcing marijuana vaping ban this week

Montana’s health department will begin enforcing an emergency ban on the sale of flavored vaping products starting Wednesday, according to state officials. The restrictions include the sale of all THC…

News December 16
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British Columbia exempts dry cannabis vaporizers from increased tax

British Columbia updated a notice clarifying how its planned increased sales tax on vaporizer products will apply to cannabis devices.

News December 16
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Cannabis firm Cresco Labs inks $50 million sale-leaseback deal

Chicago-based Cresco Labs, a multistate marijuana operator, closed a $50 million sales-leaseback deal in Illinois, weeks before adult-use marijuana becomes legal in the state on Jan. 1. Cresco sold its…

News December 16
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California raid nets $8.8 million in illicit marijuana products

California officials continued their crusade against the illicit cannabis market in the state by raiding unlicensed cannabis shops in the Los Angeles area.

News December 16
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US senators ask DEA for cannabis cultivation timeline

Eight Democratic U.S. senators have requested that the U.S. Drug Enforcement Administration (DEA) provide by Jan. 10 a timeline for when it will issue additional marijuana cultivation licenses for research…

News December 16
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Catalyst Calendar: Dec. 16, 2019

The cannabis industry changes so rapidly that investors must always be aware of new information. This catalyst calendar provides you with key events that may impact your investments and investment…

News December 16
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