In reversal, L.A. says no enforcement against nearly 60 marijuana firms with expiring permits
Los Angeles marijuana industry regulators have given at least 57 companies a new lifeline, only days after saying the licensed businesses in […]
Month: December 2020
Canopy, Aphria cited for ‘critical’ cannabis regulatory breaches in 2018, new Health Canada report shows
Canadian cannabis giants Canopy Growth and Aphria were among a half-dozen licensed producers cited for serious regulatory violations in Health Canada’s compliance […]
Maryland medical marijuana firm pays $175K to settle sexual harassment suit
A medical marijuana dispensary in Maryland and its parent company will pay $175,000 to settle a sexual harassment suit brought by the […]
Australian medical cannabis available in German pharmacies for first time
Flower and extracts produced in Australia by two different companies became available in the German medical cannabis market for the first time, Marijuana […]
SPACs pump hundreds of millions of dollars into US cannabis industry through acquisitions
Two cannabis special purpose acquisition companies (SPACs), Silver Spike Acquisition Corp. and Subversive Capital Acquisition Corp., recently announced deals worth more than […]
Marijuana investor Casa Verde Capital closes $100 million funding round
Casa Verde Capital, a California-based marijuana investment fund launched by rapper Snoop Dogg, finalized a $100 million raise. This raise and a […]
Cannabis M&A activity intensifies as investor sentiment brightens since November election
Cannabis mergers and acquisitions are heating up, with more than $600 million worth of deals announced on Tuesday alone – and that’s […]
Cannabis firms Canopy Growth, Canopy Rivers split; Rivers looks to US
Canopy Growth Corp.’s partly owned strategic investment subsidiary, Canopy Rivers, is selling some of its assets to the former and cutting ties […]
Important Security Considerations When Designing Cannabis Facilities
The cannabis industry is growing so quickly that even COVID-19 can’t slow it down. Before the pandemic, the industry amassed $13.6 billion […]
The Cannabis Industry Sees Record Growth Despite Continuous Obstacles
Worth an estimated $54 to $67 billion, the bourgeoning U.S cannabis industry continues to grow at record pace despite conflicting state and […]