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Upstart Ohio medical cannabis firm raises CA$85 million to expand footprint

A young cannabis company headquartered in Columbus, Ohio, raised 85 million Canadian dollars ($65 million) that it will use…

News October 25
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‘Horrifying’ marijuana sales in British Columbia a wake-up call for regulators

British Columbia’s dismal cannabis sales in the opening hours of legalization should be seen by provincial and federal…

News October 25
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CIBC: Marijuana legalization a ‘global trend that is merely getting started’

Canadian cannabis businesses would be among the first to capitalize if any other major country takes a meaningful…

News October 24
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Weekly Deal Watch: Cannabis firms hustle to expand, raise capital to support growth

Strong distribution networks are critical for future growth in the U.S. cannabis market - and firms are willing…

News October 24
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Report: Constellation to sell off wine brands, focus on cannabis, beer

One of the world's largest alcohol producers, Constellation Brands, plans to shed some of its U.S.-based wine portfolio…

News October 23
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Verano, Scythian strike $188 million deal for Florida medical cannabis assets

Chicago-based Verano Holdings struck a deal to acquire a prized Florida medical marijuana license from Toronto-based Scythian Biosciences…

News October 23
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Ecuador inches closer to legal medical cannabis production

A key legislative committee in Ecuador approved comprehensive health reform that could lead to legal cultivation, manufacture and…

News October 22
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Canadian bank’s bullish marijuana report comes with significant caveats

A new report from one of Canada’s top banks is bullish on the growth of that nation’s cannabis…

News October 22
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Canadian acquisition company to purchase five US cannabis firms

Toronto-based Cannabis Strategies Acquisition Corp. (CSAC) has inked a deal to acquire five U.S. cannabis firms, with plans…

News October 22
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Chart: Is marijuana already becoming a mainstream industry?

Broader consumer acceptance of marijuana across North America signals that the nascent industry may soon take a place…

News October 22
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