Latest In: California

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Toronto exchange OK with Canopy’s US cannabis plan despite Nasdaq objection

The chief executive of the Toronto Stock Exchange has suggested that Canopy Growth's proposed structure to speed its…

News October 28
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Hemp product manufacturer Bloomios acquires gummy maker for $23.5 million

California-based Bloomios, a white-label and private-label hemp product manufacturer, acquired gummy maker Infusionz for $23.5 million.

News October 27
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Debt financing eclipses equity in US marijuana cultivation and retail fundings

Capital raises in the U.S. marijuana industry are down nearly 65% this year versus 2021, but lower stock…

News October 27
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Lawsuit alleges makers of Jeeter pre-rolls inflate THC potency

A class action lawsuit filed against DreamFields and Med for America claims the companies' Jeeter brand pre-rolls contain…

News October 25
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Canopy Growth speeding entry into US cannabis market, but full approval might stretch into 2024

Canopy Growth Corp. is accelerating its entry into the United States through a plan that will trigger full…

News October 25
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New California task force eradicates $15 million of illegal marijuana

A newly formed California task force eradicated 11,000-plus illegal marijuana plants and destroyed more 5,000 pounds of illegal…

News October 17
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California regulators seize 1 million illegal cannabis plants

California regulators are ramping up enforcement targeting illegal cannabis operations and transnational criminal organizations.

News October 12
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Marijuana financier Justin Costello arrested after federal fraud indictments

Marijuana finance executive Justin Costello, former CEO of Seattle-based GRN Funds, has been arrested after allegedly going on…

News October 6
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MedMen uses federal illegality of marijuana as defense in rent lawsuit

Cannabis multistate operator MedMen Enterprises argues in its response to a lawsuit that it shouldn't have to pay…

News October 5
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DEA-licensed cannabis cultivator closes $20 million Series A funding round

Biopharmaceutical Research Co., one of seven cultivators licensed by the U.S Drug Enforcement Administration to grow cannabis primarily…

News October 4
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