Marijuana MSO Ayr Strategies increases capital raise to $110 million
Multistate marijuana operator Ayr Strategies announced that it has increased a $75 million debt offering to $110 million because of strong demand. […]
Month: December 2020
Cannabis firm LeafLink raises $40 million to fund expansion
Cannabis wholesaling platform LeafLink announced new funding worth $40 million from a Series C investment round. The $40 million funding round was […]
Brazil postpones evaluation of CBD formulation for medical coverage
A government evaluation to include a specific CBD formulation in Brazil’s Public Health System (SUS) has been postponed. The National Committee for […]
New Mexico’s medical marijuana sales rise as prospects for recreational legalization improve
New Mexico’s medical marijuana sales have nearly doubled in the past two years despite strict plant-count limits, and the state might be […]
Detroit expected to issue recreational marijuana permits by summer 2021
Regulators in Detroit will finally start accepting applications for recreational marijuana business licenses in January, and the permits are expected to be […]
US House passes bill to expedite, expand medical cannabis research
The U.S. House of Representatives on Wednesday passed a groundbreaking bill to reduce barriers and expand scientific research into medical cannabis, a […]
Canopy Growth shuttering facilities across Canada, abandons outdoor marijuana cultivation
Cannabis producer Canopy Growth is shuttering more facilities across Canada amid a fresh round of layoffs in an effort to streamline operations […]
Mexican Congress delays cannabis bill debate, pushing approval into 2021
The Mexican lower house decided Tuesday to delay debating the cannabis legalization bill until the next legislative period, which starts in February […]
California cannabis growers seek cheaper mixed-light license fees, saying current cost too high
California mixed-light cannabis growers are asking for a change to licensing fees they say create unsustainable costs for using light deprivation techniques. […]
Full US House expected to take up medical cannabis research bill
The U.S. House of Representatives is poised to vote on a bill this week to accelerate medical cannabis research, a move that […]