Capital raises in the marijuana industry appear to be continuing unabated since the issuance of the Sessions Memo on Jan. 4. Country music star Willie Nelson’s cannabis company joined the marijuana funding fray Wednesday with the announcement of …
Read More
A licensed producer of medical marijuana in Ontario has recalled a small amount of dried marijuana due to a labeling error. Leamington, Ontario-based Aphria issued the voluntary recall for two lots of dried marijuana sold in 10-gram bottles produced be…
Read More
A slow start to implementing regulations for California’s recreational marijuana program has impeded sales of Scotts Miracle-Gro’s hydroponics division this year. Several factors have contributed to the Golden State’s sluggish cannabi…
Read More
A massive marijuana production operation on the drawing board in Quebec could yield enormous financial benefits for the province if it’s fully built out, according to a preliminary economic assessment by accounting firm Deloitte. According to a news re…
Read More
Following up on a plan he announced last year, California state Treasurer John Chiang on Tuesday outlined the foundation for a public bank for cannabis businesses so they won’t have to operate on a cash-only basis. According to the San Francisco …
Read More
Oregon’s marijuana cultivators are facing a falling market that favors vertically integrated companies and craft cannabis. Wholesale prices for outdoor-grown marijuana have dropped as low as $50 a pound, and the situation isn’t likely to im…
Read More
Canada’s global cannabis-buying spree is moving to Uruguay. Vancouver, British Columbia-based Cannabis Wheaton announced Tuesday that it plans to spend up to $15 million to acquire 80% of Inverell shares. Based in Uruguaya’s capital, Montevideo, …
Read More
Colombia’s medical marijuana industry is continuing to develop rapidly, and industry experts predict the country’s producers will be ready to compete on the global stage by the end of this year. As of Jan. 29, the Ministry of Justice had issued 33 lice…
Read More
The director of the Nevada Department of Taxation, who also serves as the chief regulator of the state’s fledgling adult-use marijuana industry, has announced her resignation. Deonne Contine will leave Feb. 9 to pursue an opportunity in the priva…
Read More
The director of the Nevada Department of Taxation, who also serves as the chief regulator of the state’s fledgling adult-use marijuana industry, has announced her resignation. Deonne Contine will leave Feb. 9 to pursue an opportunity in the priva…
Read More