Canada’s discount cannabis segment heats up with competing value brands
High prices were a regular consumer complaint when Canada legalized recreational cannabis in October 2018. Only a year and a half later, […]
Category: Recreational Marijuana News
Prosecutor: AG Barr ordered politically motivated probes of cannabis mergers
A federal prosecutor will testify before members of the U.S. House of Representatives on Wednesday that U.S. Attorney General William Barr ordered […]
Initial closing of $61.5 Harvest-High Times cannabis retail deal completed
Multistate operator and vertically integrated marijuana company Harvest Health & Recreation finalized a deal to sell eight California retail stores to Los […]
Los Angeles proposes ‘major course change’ for cannabis business licensing, social equity
In a series of recommendations to the Los Angeles City Council, L.A.’s Department of Cannabis Regulation proposed an immense overhaul of its […]
Oregon mulls banning additives in marijuana vaping products
The Oregon Liquor Control Commission, which regulates marijuana in the state, took its first step toward adopting rules that would ban non-cannabis […]
Week in Review: Acreage cannabis loan’s steep interest rate, Big Tobacco-MJ bankruptcy, Missouri starts cultivation & more
Cannabis multistate operator Acreage Holdings obtained a $15 million short-term loan with an eye-popping 60% yearly interest rate. The secured note, received […]
Bierman and Modlin leave board of cannabis firm MedMen
The co-founders of California-based multistate marijuana operator MedMen are completely out of the company, having relinquished their roles on the board of directors. […]
Cannabis firm Acreage gets $15M loan at 60% interest rate
Marijuana multistate operator Acreage Holdings has secured a $15 million short-term loan with a whopping 60% yearly interest rate, the company said […]
Michigan recreational cannabis sales top medical for first time
Adult-use marijuana sales in Michigan surpassed medical cannabis sales on a weekly basis for the first time since the state’s recreational market […]
Recovery from losses, damage during protests will take weeks for many cannabis businesses
The protests, lootings and robberies connected to the death of George Floyd in Minneapolis might have died down over the past two […]