Provincial windfall from Ontario Cannabis Store seen rising to CA$170M
Ontario’s monopoly cannabis wholesaler and online retailer, the Ontario Cannabis Store (OCS), is forecasted to contribute 170 million…
News March 25
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Marijuana foes seek to impose THC potency caps to curb industry’s growth
Marijuana opponents, frustrated by the growing number of legalization victories across the U.S., are increasingly trying to rein…
News March 25
Pair convicted in bank fraud case related to cannabis transactions
Two businessmen indicted in 2020 for defrauding merchant banks on behalf of California cannabis delivery company Eaze have…
News March 24
Colorado marijuana businesses provide THC products for MJ research
Two Colorado-based marijuana companies are teaming up with the University of Colorado Boulder to study the heath impacts…
News March 22
Recreational marijuana legalization bill stalls in New Mexico but could head for special session
New Mexico lawmakers postponed a Senate floor vote on a recreational marijuana legalization bill as the regular legislative…
News March 20
Court battle over one of Virginia’s five medical cannabis licenses
Illinois-based PharmaCann has taken Virginia to court over a medical cannabis business license that the company claims is…
News March 19
MedMen raises CA$20 million to bankroll marijuana expansion in Florida
Financially strapped MedMen Enterprises said it raised 20 million Canadian dollars ($16 million) at CA40 cents a unit…
News March 19
Cannabis MSO Cresco expands in Massachusetts via $90M acquisition
Chicago-based cannabis multistate operator Cresco Labs is spending $90 million to acquire all the outstanding equity interests of…
News March 19
New Brunswick won’t privatize recreational cannabis sales
New Brunswick discontinued its request for proposal (RFP) process for the privatization of recreational cannabis sales, meaning the…
News March 19
Marijuana tech platform I Heart Jane suffers slowdown, affecting retailers
Marijuana e-commerce platform I Heart Jane suffered a slowdown on Wednesday that impacted an unknown number of recreational…
News March 18
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