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Week in Review: NV cannabis licensing gripes, Connecticut permits more MMJ dispensaries & Q3 earnings roundup

Nevada issues 61 additional provisional recreational marijuana retail permits, Connecticut doubles the number of medical cannabis dispensary licenses…

News December 14
Aphria Canopy Growth privateer holdings Tilray

Howard Dean, Lloyd Axworthy join marijuana firm’s International Advisory Board

Amid growing scrutiny of cross-border deals in the marijuana industry, Nanaimo, British Columbia-based Tilray has formed an International…

News December 13
cresco labs

Marijuana firm Cresco Labs posts $3.9 million net income in third quarter

Chicago-based Cresco Labs posted $3.9 million in net income in its fiscal third quarter, reversing its year-ago loss of…

News December 11
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Cannabis clones

Female-focused marijuana company first to offer clones in Canada

Ontario-based Natural MedCo has become the first company in Canada to offer marijuana clones for sale to legal…

News December 11
New Zealand

New Zealand legalizes medical cannabis for domestic, export markets

A bill to legalize medical marijuana on Tuesday won the approval of New Zealand’s parliamentarians on its third…

News December 11
Dixie Brands

Infused cannabis product maker Dixie Brands posts $2.4 million loss in third quarter

Denver-based Dixie Brands reported a net loss of $2.4 million in its fiscal third quarter, even though revenues…

News December 10
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Cannabis shortages plague Canadian retailers; here’s how they’re responding

As the Canadian cannabis industry struggles to provide enough supply to meet exuberant demand since recreational use became…

News December 10
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Uruguayan government announces new application process for recreational cannabis cultivation

Four years after Uruguay became the first nation in the world to legalize recreational cannabis, officials announced that…

News December 7
Canopy Growth Storz & Bickel
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Canopy Growth boosts M&A transparency in wake of Aphria fiasco

Cash-rich Canopy Growth bought global vaporizer leader Storz & Bickel for 220 million Canadian dollars ($160 million) in…

News December 7
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WHO postpones recommendation for rescheduling cannabis at UN summit

The World Health Organization (WHO) postponed its much-anticipated recommendations about the international scheduling of cannabis, citing a need for more time…

News December 7
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