Reports: Former cannabis heavyweight Tikun Olam to sell Israeli assets for $42 million

Tikun Olam, once one of the world’s leading medical cannabis companies, is selling its domestic assets for $42 million – or about half of its asking price of $100 million – according to Israeli media reports.

Planet 13 acquires VidaCann for $49M in Florida marijuana expansion

Las Vegas-headquartered Planet 13 Holdings on Monday announced a $48.9 million deal to acquire Florida-based VidaCann’s vertically integrated marijuana  operation, which includes 26 medical cannabis dispensaries.

Cannabis workers in California, Missouri vote to join Teamsters

The International Brotherhood of Teamsters grew its membership of cannabis workers again, this time in California and Missouri.

Opinion: 2022 could be the year for pharmaceutical marijuana

Despite the success of adult-use marijuana, 2022 is looking like the year pharmaceutical cannabis becomes a major market driver.

Drivers for marijuana distributor Nabis vote to join Teamsters union

Organized labor has scored another victory in the marijuana industry, with drivers for California distributor Nabis saying Friday they have voted to join the Teamsters Local 630.

‘Breakthrough’ in South Korea as cannabis law gets major backer

A move to legalize medical marijuana in South Korea picked up a key backer, increasing its chances of approval by the end of this year.