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Cannabis company Hexo’s stock craters on bad news

Days after Hexo's CFO resigned, the marijuana company announced a huge miss to fiscal fourth-quarter revenue and withdrew…

News October 11
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Nevada governor forms marijuana task force to attack corruption

Nevada Gov. Steve Sisolak on Friday announced he is creating a multi-agency task force to “root out corruption…

News October 11
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55 finalists announced for inaugural MJBizDaily Awards honoring cannabis companies, executives

Cultivator of the Year. Regional Game Changer. Community Impact. These are just some of the categories for which…

News October 11
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Week in Review: Cannabis merger goes up in smoke, regulators target MJ vaping, Maine inches toward adult-use sales & more

MedMen and PharmaCann scrap their planned merger, state and federal officials act against marijuana vaping, Maine moves toward…

News October 11

Cannabis companies scale back plans as access to capital tightens

Several companies recently announced challenges with financing their expansion plans. The trend doesn't bode well for many cannabis…

News October 10
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Arkansas medical marijuana sales brisk, total $12.3 million for five months

Sales of medical cannabis in Arkansas continue at a strong pace, totaling $12.35 million in the first five…

News October 10
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Vireo agrees to milestone medical cannabis labor pact in Pennsylvania

Minnesota-based Vireo Health, a multistate marijuana operator, signed the first vertically integrated medical cannabis labor agreement in Pennsylvania,…

News October 10
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US Senate leader McConnell expected to discuss marijuana banking reform

U.S. Senate Majority Leader Mitch McConnell is scheduled to talk with cannabis industry executives this week in California…

News October 10
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Los Angeles attorneys group creates cannabis law practice area

The Los Angeles County Bar Association (LACBA) approved a new law practice section specifically focused on marijuana, a…

News October 10
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REIT inks $42 million deal with LivWell for Michigan marijuana warehouse

Innovative Industrial Properties, a real estate investment trust (REIT) focused on the cannabis industry, bought a warehouse in…

News October 10
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