Cannabis MSO Cresco prices Canadian share offering to raise $125 million
Chicago-based multistate cannabis operator Cresco Labs priced an overnight marketed share offering, designed to raise roughly $125 million, at 16 Canadian dollars […]
Category: Recreational Marijuana News
Judge: California has 30 days to inform marijuana firms about billboard ban
A California judge ruled this week that state marijuana regulators have 30 days to inform businesses of a new ban on billboard […]
A marijuana pioneer changes course: Q&A with Harborside co-founder Steve DeAngelo
Steve DeAngelo is one of the marijuana industry’s most high-profile pioneers. But earlier this month, DeAngelo and the Oakland, California-based company he […]
Cannabis firm Aphria grows Q2 revenue, reports CA$120.6M net loss
Canadian cannabis company Aphria on Thursday reported increased quarterly revenue for the quarter ended Nov. 30, with a net loss of 120.6 […]
Colorado hits $2B for 2020 marijuana sales – with December still to count
The oldest adult-use marijuana market in the United States, Colorado, hit a milestone in 2020 when sales surpassed $2 billion for the […]
1-gram cannabis flower sales fell in 2020 amid pandemic, but don’t write off the small packet
Sales of 1-gram cannabis flower packages tumbled in multiple North American marijuana markets last year, likely related to consumers who shopped less […]
Massachusetts marijuana regulator taps attorney to fill vacant seat
The Massachusetts Cannabis Commission selected Dorchester lawyer Ava Callender Concepcion to fill the last remaining open position on the board. Massachusetts marijuana […]
Multiple marijuana businesses sue Michigan city over licensing process
Ten marijuana companies filed suit against the Detroit suburb of Berkley, Michigan, in an attempt to overturn a license scoring process that […]
California marijuana regulatory merger on track for July
California Gov. Gavin Newsom’s 2020 proposal – to merge the three regulatory agencies that oversee the state’s marijuana industry into one new […]
Colorado authorities issue recall of contaminated cannabis
Colorado regulators issued a recall of marijuana from Denver-based Veritas Cannabis, alleging yeast and mold issues. Colorado authorities issue recall of contaminated […]