Premium flower demand drives Colorado wholesale marijuana prices to nearly five-year highs
Wholesale marijuana flower prices in Colorado are climbing in part because of the increased demand from the coronavirus pandemic as well as […]
Category: United States Cannabis Industry & Marijuana Business News
Recreational marijuana sales kick off in Arizona less than three months after voters pass ballot measure
Arizona approved 73 dispensaries to start selling recreational marijuana on Friday, launching the state’s adult-use cannabis program with sales beginning less than […]
First Big Tobacco marijuana player exits marijuana, hemp after bankruptcy
The first Big Tobacco company to make a foray into the marijuana and hemp industries is exiting both sectors in a bid to […]
Aurora Cannabis raising $125 million with eye on reducing debt
Aurora Cannabis is raising $125 million via a stock-purchase deal to finance general corporate activities, which might include “opportunistically reducing debt,” the […]
Cannabis sales records smashed or set in 2020, and insiders expect the gains to continue
The COVID-19 outbreak that began about a year ago has proved devastating for many mainstream industries – including airlines and restaurants, for […]
Keegan Peterson, founder/CEO of marijuana tech firm Wurk, dies at 33
Marijuana industry executive Keegan Peterson, who founded Denver HR tech company Wurk, has died at 33. Keegan Peterson, founder/CEO of marijuana tech […]
Cannabis MSO Verano announces $100M subscription receipt financing
Multistate cannabis operator Verano Holdings raised $100 million in subscription receipt financing in connection with a reverse-takeover deal that will see the […]
NCIA: High recreational marijuana taxes in New York could hurt legal market
A marijuana industry official cautioned New York officials that recreational marijuana taxes need to be low enough to curtail illicit sales. New […]
Cannabis firm CannTrust reaches agreement to settle shareholder claims
Embattled Canadian cannabis producer CannTrust Holdings on Wednesday announced a restructuring support agreement that will pave the way for the company to […]
These four states could legalize medical marijuana through legislation in 2021
Four red states – Alabama, Kansas, Kentucky and South Carolina – could legalize medical marijuana through their legislatures this year, and, if […]