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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 18Beleave 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 18Chicago 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 18Wholesale 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 18Denver 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…
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