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Marijuana MSO Cresco inks $213M all-stock deal to expand into Florida

Marijuana multistate operator Cresco Labs entered a definitive agreement to acquire Bluma Wellness for $213 million in an…

News January 14
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Cannabis firm Aphria grows Q2 revenue, reports CA$120.6M net loss

Canadian cannabis company Aphria on Thursday reported increased quarterly revenue for the quarter ended Nov. 30, with a…

News January 14
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Chart showing the decline of gram-sized flower sales in the US and Canada in 2020

1-gram cannabis flower sales fell in 2020 amid pandemic, but don’t write off the small packet

Sales of 1-gram cannabis flower packages tumbled in multiple North American marijuana markets last year, likely related to…

News January 14
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Colorado hits $2B for 2020 marijuana sales – with December still to count

The oldest adult-use marijuana market in the United States, Colorado, hit a milestone in 2020 when sales surpassed…

News January 13
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New Jersey cannabis company workers sign up with union

Employees at New Jersey cannabis company Verano NJ voted to ratify a union contract with two local chapters…

News January 13
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Maine marijuana testing lab closed over licensing issue

Massachusetts-based marijuana testing company ProVerde Laboratories shut down its Portland, Maine, location after municipal authorities said it was…

News January 13
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Virginia looks poised to legalize adult-use cannabis market

Virginia Gov. Ralph Northam’s administration announced an adult-use cannabis legalization plan that would impose a 21% excise tax…

News January 13
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A comparison of New York and New Jersey marijuana programs in the form of a table.

New York appears better positioned than before to legalize $2 billion-plus recreational marijuana market

Facing massive budget woes and legalization in neighboring New Jersey, politicians in New York are set to take…

News January 13
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Cannabis CEOs, led by Aphria’s Irwin Simon, are among Canada’s top-paid execs despite losses

A number of executives in the cannabis industry are among the highest-compensated CEOs in Canada, according to a…

News January 13
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Massachusetts marijuana regulator taps attorney to fill vacant seat

The Massachusetts Cannabis Commission selected Dorchester lawyer Ava Callender Concepcion to fill the last remaining open position on…

News January 12
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