Four marijuana firms to form multinational company, continuing industry consolidation
Consolidation continued in the cannabis industry Tuesday, with four major marijuana businesses from the United States and Canada…
News May 15
Latest In: Finance
Aurora Cannabis to acquire Canadian rival MedReleaf for CA$3.2B in industry’s biggest deal
Aurora Cannabis has agreed to acquire rival Canadian cannabis producer MedReleaf in a deal valued at $3.2 billion…
News May 14
Chart: Putting the $55 billion US retail cannabis market in perspective
With revenue of $5.8 billion-$6.6 billion, sales of legal recreational and medical cannabis in the United States in…
News May 14
Canopy seeks to become first marijuana producer traded on New York Stock Exchange
Canada’s market leader in medical marijuana has applied to trade its shares on the New York Stock Exchange,…
News May 14
West Virginia mulling payment, banking options for medical marijuana companies
In advance of the launch of West Virginia’s medical cannabis industry, the state treasurer has proposed potential solutions…
News May 14
Kevin O’Leary of ‘Shark Tank’: Institutional investors want to wager on cannabis – just not yet
Big institutional investors are sitting on billions of dollars they’d like to pump into the marijuana industry, but…
News May 9
GrowGeneration raises $10 million to bankroll cannabis-related acquisitions
GrowGeneration, a multistate operator of retail hydroponic and organic gardening stores serving marijuana growers, said it raised $10…
News May 9
California’s low marijuana tax stream complicating MJ business climate
A lower-than-expected first quarter of marijuana excise tax income in California has thrown a wrench into the works for…
News May 9
McLellan calls on Canadian Senate to avoid ‘undue partisanship’ to get around rec cannabis delay
The former chair of Canada’s federal task force on cannabis legalization is calling on senators to avoid “undue…
News May 8
Another big Canadian bank dips toes in marijuana sector
A new report on Canada’s legal marijuana industry by the country’s fourth-largest bank signals growing interest in the…
News May 8
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