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CIBC: ‘Indiscriminate’ cannabis selloff should start to shift in 2020

The cannabis stock meltdown that erased $49 billion in enterprise value this year should begin to shift in 2020 as the industry leaders separate themselves, one of Canada’s largest investment…

News December 11
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Cannabis comp tables as of Dec. 10, 2019

This comp table provides a benchmark for private investors to evaluate existing and future investments as well as a menu for public investors to peruse.

News December 11
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Florida medical marijuana firm VidaCann expanding grow operation

VidaCann, a medical marijuana company based in Jacksonville, Florida, on Wednesday announced a $25 million investment that includes expansion of its cannabis cultivation facility in the state to more than 600,00 square…

News December 11

Vaping regulations

Two Massachusetts agencies agreed to share information with each other to determine if six probable cases of vaping-related lung illnesses are linked to state-licensed marijuana retailers.

News December 11
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Peru issues key cannabis regulations, effectively launching nation’s medical marijuana program

Peruvian authorities have published long-awaited guidelines governing the nation’s medical marijuana program, allowing companies to start applying for different types of business licenses spelled out under a 2017 law. The…

News December 11
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Despite early freeze and $7 million in losses, Colorado marijuana grower still enjoys strong sales

Pueblo, Colorado-based Los Sueños Farms – the state’s largest cannabis grower – now estimates it lost about $7 million in an early October freeze, but the owner said the outdoor…

News December 11

Medical marijuana

New Mexico's medical cannabis program drew 215 patients from outside the state in November after legislative reforms did away with an in-state residency requirement.

News December 10
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New York Stock Exchange warns cannabis producer CannTrust its listing in danger

CannTrust Holdings said the New York Stock Exchange has notified the Canadian marijuana producer that its stock price had fallen below the $1-a-share threshold required to continue trading on the…

News December 10
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Denmark eyes medical marijuana trial extension 

Denmark might need to extend its medical cannabis trial plans in order for the government to conduct a mandated midterm evaluation of the pilot program, Health Minister Magnus Heunicke said.…

News December 10
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