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Akerna continues its efforts to roll up cannabis software with acquisition of Ample Organics

The accretive acquisition builds on the company's strategy of rolling up the cannabis software sector, and it gives entry into Canada via an opportunistic use of cash to acquire a…

News December 18
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Beleave loses CEO VanderMarel, faces lawsuit from Auxly Cannabis

Jeannette VanderMarel announced her departure as CEO of Canadian cannabis producer Beleave after fewer than two months on the job. VanderMarel disclosed her resignation on social media, saying she “happily…

News December 18
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Chicago will not delay adult-use cannabis sales

Chicago Mayor Lori Lightfoot on Wednesday helped end a short-lived attempt by the City Council’s Black Caucus to delay sales of recreational marijuana in the city for six months until…

News December 18

Wholesale marijuana prices

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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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
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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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