Terra Tech acquires marijuana competitor Unrivaled in all-stock deal
California-based Terra Tech Corp. said Wednesday it finalized a deal to acquire another West Coast marijuana multistate operator, Umbrla, which does business […]
Category: Arizona marijuana
Arizona medical cannabis firms qualify for second grow permit, regulators say
Arizona’s longstanding 130 medical cannabis businesses – which are vertically integrated, by law – may now each snag a second cultivation license […]
Newly legal states offer marijuana growers fresh opportunities, but some greener than others
The legalization ballot measures that voters approved on Nov. 3 created cannabis markets in five U.S. states – Arizona, Mississippi, Montana, New […]
Canada’s Ayr Strategies buys Arizona medical cannabis firm for $81 million
Multistate cannabis operator Ayr Strategies announced an $81 million acquisition deal that will allow the Toronto-based company to enter Arizona, giving it […]
A new Arizona adult-use cannabis market may offer limited business opportunities
Even if Arizona voters back recreational marijuana legalization on Nov. 3, don’t expect a wide-open cannabis market with lots of new business […]
Week in Review: Cannabis ballot measures finalized, Florida gets edibles, capital raises rebounding & more
A recreational marijuana legalization ballot measure in Arizona got the final go-ahead, while a medical cannabis legalization initiative in Nebraska is fighting […]
Marijuana MSO Harvest announces layoffs, other pivots in $24M cost-cutting
Arizona-based multistate cannabis operator Harvest Health & Recreation revealed that it recently cut $24 million in expenditures – including laying off an […]
Ex-Harvest employees file suit against the marijuana firm, alleging violations
Two former employees of Arizona-based Harvest Health & Recreation have sued the multistate cannabis operator, alleging they were forced out after alerting […]
How 4/20 played out for marijuana companies across the US
Cannabis companies across the United States reported a mixed bag for sales this year leading up to the industry’s most celebrated day: […]