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New Jersey cannabis regulators appeal loss to Curaleaf in labor fight
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Toronto Stock Exchange warns CannTrust about possible delisting
The Toronto Stock Exchange (TSX) said it would delist CannTrust’s shares if the Ontario cannabis producer is unable to file relevant financial statements by March 25, 2020. A review will be…
News November 27
Hopeful L.A. cannabis market entrants bleed money as they wait again – this time for licensing audit
The Los Angeles marijuana market is enduring more licensing delays. This time, it’s for a government-ordered audit of the city’s cannabis regulators. It means more uncertainty for marijuana firms. And,…
News November 27
Cresco blames cash component for abandoning VidaCann deal, eyes leasebacks for cash
Amid volatile stock prices, acquisitions based on share-swap agreements are more likely to close than those with a lot of cash consideration or with a fixed-dollar amount to be paid…
News November 26
Cannabis comp tables as of Nov. 25, 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 November 26
Cresco terminates VidaCann acquisition, highlighting cannabis industry’s focus on saving cash
Chicago-based multistate cannabis operator Cresco Labs said it is ending its agreement to buy Florida's VidaCann, becoming the latest U.S. marijuana M&A deal to unravel and highlighting the steps companies…
News November 26
Cyprus delays bidding process so medical cannabis licensing fees can be reviewed
The bidding process to cultivate medical cannabis in Cyprus is stalled after government authorities requested a review of the licensing fees. The delay, reported by the Phileleftheros newspaper, stemmed from concerns the…
News November 26
Dried cannabis vaporizers face 20% tax in British Columbia
British Columbia’s beefed up provincial tax will apply to dried cannabis vaporizers in addition to liquid marijuana vaping products.
News November 26Recreational marijuana licensing
Michigan issued two more business licenses for adult-use cannabis retailers, and both stores are expected to open when recreational marijuana becomes legal Dec. 1.
News November 26
Deloitte acquires Canadian consultancy Cannabis Compliance
Deloitte has acquired Mississauga, Ontario-based Cannabis Compliance, an industry leader in marijuana industry consultancy, the companies announced Tuesday.
News November 26
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