State treasurers group lobbies for marijuana banking in coronavirus bill
A coalition of state treasurers across the country are urging Congress to include cannabis banking reform in the…
News August 17
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Week in Review: Canopy CEO’s huge compensation, states’ strong cannabis sales, vaping’s popularity & more
The total compensation for the new CEO at Ontario, Canada-based Canopy Growth was an eye-popping $33.8 million (45…
News August 15
Virginia’s potential $50 million medical cannabis program poised to launch
Virginia’s limited commercial medical cannabis program will be met with modest expectations when it launches, possibly within weeks.
News August 12
Jushi completes $37 million deal for Pennsylvania marijuana cultivator
Multistate marijuana operator Jushi Holdings completed its acquisition of Vireo Health International’s cultivation and processing operations in Pennsylvania…
News August 11
California cannabis sales reach record $348 million in July
California set a marijuana sales record of $348 million in July, the biggest month since the 2018 rollout…
News August 11
Trump’s move to restore some jobless benefits could help marijuana sales
The coronavirus-related enhanced jobless benefit of $600 a week that recently expired would be cut to $400 a…
News August 10
Epidiolex maker GW Pharma turns in flat second quarter on pandemic impact
United Kingdom-based GW Pharmaceuticals posted marginal revenue growth in the second quarter over the previous quarter, citing challenges…
News August 7
Illinois hits $61 million in recreational marijuana sales in July
The new Illinois adult-use cannabis market has posted increased sales numbers nearly every month since its Jan. 1…
News August 4
Tight capital markets – worsened by COVID-19 – derail Schwazze’s cannabis acquisitions
Already struggling capital markets further tightened by the coronavirus, a declining stock price and an improving legalization outlook…
News August 3
How to compete with the illicit marijuana market
The illicit marijuana market is among the biggest and most complex challenges facing legal cannabis businesses—one that takes…
News August 2
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