Institutional Investors Eye Cannabis as Schedule III Move Nears
Federal marijuana rescheduling is opening the door for institutional investors to enter cannabis markets, but industry maturation and improv...
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Business
Company news, mergers, and market analysis
Cannabis Companies Face Million-Dollar Liability From Data Breaches
Cannabis operators face million-dollar liability from data breaches involving patient and employee records, often even when third-party vend...
High Tide Adds Alberta Store for $670K in Latest Expansion
High Tide acquired a Chestermere, Alberta cannabis store for $670,000 cash, expanding its Canna Cabana retail chain as consolidation continu...
Aurora Cannabis Doubles German Production Capacity in EU-GMP Push
Aurora Cannabis completed a multimillion-dollar expansion of its German EU-GMP facility, more than doubling annual flower production capacit...
Curaleaf Updates Aurora Acquisition Offer in New SEC Filing
Curaleaf has filed an updated offering circular with regulators, incorporating its increased acquisition bid for Canadian cannabis producer ...
Cannabis Companies Fund Trump PACs Backing Anti-Cannabis Candidate
Major cannabis MSOs have donated millions to Trump PACs now supporting a Senate candidate with an anti-marijuana voting record, raising ques...
Curaleaf Raises Aurora Takeover Bid to $5 Per Share
Curaleaf has raised its hostile takeover offer for Aurora Cannabis to $5 per share, valuing the struggling Canadian LP at roughly $1.2 billi...
Missouri Microbusiness Winners Face Contract Scams, Industry Warns
Cannabis industry consultant warns Missouri's 77 new microbusiness license winners to scrutinize contracts carefully as inexperienced operat...
Business
Reggaeton Star Randy Launches Puerto Rican Cannabis Brand La Zaza
Reggaeton artist Randy has launched La Zaza, a Puerto Rican cannabis brand positioning itself as a Caribbean alternative to California produ...
Business
New York's Legal Cannabis Market Crosses $4 Billion in Sales
New York's legal cannabis dispensaries have sold over $4.1 billion since launching in late 2022, state regulators announced Thursday, as the...
Business
New York Cannabis Sales Set Record Pace Despite Growth Slowdown
New York's legal cannabis market continues setting sales records but monthly growth has slowed. The state faces ongoing challenges from unli...
Business
Verano Remodels Virginia Operations Ahead of July Adult-Use Launch
Verano Holdings is renovating its Virginia cannabis operations ahead of the state's July adult-use launch, taking a measured approach that p...