Marijuana SPAC Silver Spike II prices IPO to raise $250 million
Marijuana industry special purpose acquisition company (SPAC) Silver Spike Acquisition Corp. II priced an initial public offering on the Nasdaq exchange to […]
Category: Cannabis Industry & Marijuana Business Briefs
Mississippi lawmakers kill bill to create alternative medical marijuana program
The Mississippi House killed a Senate bill that would have created a legislative alternative to the medical marijuana program the state’s voters […]
British American Tobacco buying stake in cannabis producer Organigram
A subsidiary of British cigarette maker British American Tobacco (BAT) and Atlantic Canada-based cannabis producer Organigram have signed a 220 million Canadian […]
Garland’s confirmation as AG could change Feds’ marijuana views
President Joe Biden’s pick for U.S. attorney general, Merrick Garland, was confirmed easily by a 70-30 vote in the Senate on Wednesday, […]
Canada’s Aurora Cannabis files $1 billion shelf prospectus
Aurora Cannabis filed a preliminary short-form base shelf prospectus to raise up to $1 billion by issuing securities over a 25-month period. […]
Verano accused in lawsuit of illegal interstate marijuana trafficking
Illinois-based multistate operator Verano Holdings is accused in a lawsuit of illegally shuttling marijuana from its home state to Arkansas. According to […]
Ontario Cannabis Store CEO: More stores needed in underserved markets
The chief executive of the Ontario Cannabis Store (OCS) said growing regulated recreational marijuana sales in Canada’s most-populous province depends on more […]
Alaska cannabis grower, retailer face criminal charges in pesticide case
Alaska officials are pressing a criminal case against two associated cannabis businesses that are accused of falsifying business records, misusing pesticides, pesticide […]
Harborside enters $5 million ‘strategic investment’ with CA marijuana firm
Harborside said Monday that it has thrown $5 million in investment capital behind Loudpack, another well-known California marijuana business. According to a […]
California judge rules shuttered marijuana testing lab can reopen
A California Superior Court judge ruled that a marijuana testing lab can reopen immediately after having to close in January because regulators […]