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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
cannabis studies

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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Canadian cannabis producer Hexo’s sales decline as net loss grows

Federally licensed cannabis producer Hexo recorded net revenue of 14.5 million Canadian dollars ($11 million) in its most recent quarter, down slightly from the previous quarter’s CA$15.4 million. The Gatineau,…

News December 16
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Cannabis labor peace requirements expand, sometimes sparking conflict in legal marijuana markets

Unionization is spreading through the cannabis industry, spurring some companies to sign labor agreements or "peace pacts" but causing other businesses to resist labor organizers.

News December 16
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MJBizCon 2019: Marijuana professionals offer business insights on vaping crisis, M&A, retail best practices & more

LAS VEGAS – Cannabis experts took to the MJBizCon stage this week to share marijuana business know-how and best practices, touching on everything from the vaping epidemic to corporate integration…

News December 13
Maine marijuana

Dozens seek Maine recreational marijuana business licenses

Maine has received 76 applications for business licenses to sell adult-use marijuana since the state began taking applications on Dec. 5. Thirty-eight of the license applications are for retail stores,…

News December 13

Marijuana lawsuit

Tennessee man filed a federal lawsuit seeking millions of dollars in damages against Trulieve, Florida’s largest medical marijuana operator, for allegedly sending illegal text messages to his cellphone.

News December 13
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