Israel’s IMC looks to spin out, sell cannabis unit in pivot to biotech sector
IM Cannabis Corp. is proposing a reverse merger with Israeli biotechnology firm Kadimastem in which it would spin…
News March 11
Latest In: International
Netherlands irons out wrinkles in cannabis experiment ahead of full summer launch
Dutch authorities have ironed out issues involving the Netherlands' cannabis experiment, government and industry officials told MJBizDaily.
News March 11
Opinion: How to prepare for cannabis’ inevitable future as a natural product
As cannabis marches toward becoming a category in the natural products and wellness CPG industry, its potential economic…
News March 8
Australian cannabis firm Cann Group’s cash crunch raises concerns
The Australian Securities Exchange halted trading of Cann Group Limited’s shares after the company's auditor flagged concerns over…
News March 7
Curaleaf grows 2023 revenue to $1.35B, looks to new marijuana markets
Major marijuana multistate operator Curaleaf Holdings posted $345.3 million in net revenue for the fourth quarter of 2023,…
News March 7
Amsterdam denied inclusion in Dutch cannabis experiment
The lower house of Parliament in the Netherlands rejected the addition of Amsterdam to the country’s cannabis cultivation and…
News March 6
Avant Brands trims loss to CA$1.5 million on record marijuana sales, exports
British Columbia producer Avant Brands reported record net revenue of 26.3 million Canadian dollars ($19.4 million) from the…
News March 4
Cannabis producer Cronos narrows 2023 loss to $74.5 million
Canadian cannabis producer Cronos Group cut its loss in half in 2023, reporting a deficit of $74.5 million…
News March 4
Canada’s unpaid cannabis taxes soar 72% to almost CA$300 million
A growing number of Canadian cannabis producers continue to rack up tax debt, which could lead to "a…
News March 4
Aurora Cannabis repays remainder of convertible senior debt
Aurora Cannabis says it has repaid the remaining balance of its convertible senior notes, a landmark in the…
News March 1
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