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Green 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 18
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Wholesale 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 18
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Marijuana 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 18
illinois recreational marijuana

Chicago 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.…

News December 18
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Chart: Cannabis industry, MJBizCon continue growth trends

Fueled by continued growth in the cannabis industry - both domestically and internationally - the number of attendees, exhibitors and exhibition space at MJBizCon 2019 reached all-time highs.

News December 18
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Cannabis comp tables as of Dec. 17 – now excluding excess cash

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 17

Illegal cultivation

California agency filed a lawsuit against Lowell Herb, alleging the Los Angeles-based company had processed marijuana without a license in San Luis Obispo County in California between December 2018 and…

News December 17
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Most marijuana insurance claims involve theft

Roughly 90% of cannabis insurance claims in the U.S. industry involve theft, according to Gerrit Nagarwalla, a claims supervisor at London-based Canopius Group. He also suspects much of the thefts involve…

News December 17
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California firm charged with illegal cannabis grow

A California agency filed a lawsuit against Lowell Herb, alleging the Los Angeles-based company processed marijuana without a license in the state’s San Luis Obispo County between December 2018 and…

News December 17
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