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: United States Cannabis Industry & Marijuana Business News
Wildfires that damage marijuana crops are focus of new federal group
In response to the 2020 wildfires that engulfed the western U.S. and harmed many marijuana cultivators, two federal departments are banding together […]
New Mexico medical cannabis operator ups pressure to boost plant-count limits
New Mexico’s leading medical cannabis company is trying to compel a court to force state regulators to increase the marijuana plant-count limit, […]
Marijuana MSO Cresco inks $213M all-stock deal to expand into Florida
Marijuana multistate operator Cresco Labs entered a definitive agreement to acquire Bluma Wellness for $213 million in an all-stock transaction in a […]
MD cannabis staffers get same COVID vaccine status as health-care workers
Cannabis workers in Maryland will receive the same status as health care providers and begin to receive Covid vaccinations as part of […]
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 […]
New Jersey cannabis company workers sign up with union
Employees at New Jersey cannabis company Verano NJ voted to ratify a union contract with two local chapters of the United Food […]
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 […]