Canada’s federal cannabis regulator is launching new consultations that signal future changes to marijuana possession equivalency limits, including higher possession caps for cannabis beverages.
Canada launches new cannabis consultations on beverages, …
Author: Sarah Johns
Cannabis firm LeafLink raises $40 million to fund expansion
Cannabis wholesaling platform LeafLink announced new funding worth $40 million from a Series C investment round. The $40 million funding round was led by Founders Fund, with participation from Thrive Capital, Nosara Capital and Lerer Hippeau. “Th…
Canadian cannabis retailer High Tide seeks Nasdaq listing
Canadian cannabis retail and accessory company High Tide is applying for a listing on the Nasdaq exchange in the United States, with plans to pursue mergers and acquisitions. Calgary, Alberta-based High Tide says it is Canada’s largest recreation…
Maine medical marijuana sales hit $222 million through October
Medical marijuana sales in Maine reached $221.8 million from January through October, according to state sales tax data. That makes cannabis the state’s biggest crop, according to the Portland Press Herald, and worth more than other leading farm …
South Dakota AG defends under-fire recreational marijuana measure
The attorney general of South Dakota is asking a judge to dismiss a lawsuit from two state law enforcement officers that challenges an adult-use marijuana legalization measure passed by voters. South Dakota voters passed measures legalizing both medica…
Ayr borrows $75 million to fund marijuana acquisitions, finish facilities
Multistate marijuana operator Ayr Strategies announced a $75 million secured loan intended to fund acquisitions and complete facilities in Arizona, Ohio and Pennsylvania. Ayr, which is based in New York with offices in Toronto, said Friday that the sen…
5 marijuana industry predictions for 2021 from MJBizDaily CEO Chris Walsh
The coming year will bring the cannabis industry new state legalization initiatives and a resurgence of investment but is unlikely to result in meaningful federal MJ policy reform, predicts Marijuana Business Daily CEO Chris Walsh.
5 marijuana industry…
Metrc sees new seed-to-sale tracking markets, welcomes cannabis industry’s ‘constructive criticism’
With five states voting in favor of new marijuana markets last month, Metrc sees fresh opportunities to extend its dominance in the seed-to-sale tracking business by winning new government contracts. The Florida-based company also acknowledged its trac…
MJBizCon experts share perspective on surviving uncertain marijuana markets
This session and other MJBizCon 2020 content is available on demand. Three cannabis industry leaders revealed during the “Survival in Uncertain Markets and Preparing for New Markets” panel at MJBizCon 2020 on Wednesday how their firms are w…
Whole Foods CEO John Mackey makes case at MJBizCon for small marijuana operators
At a time when large multistate marijuana operators are ascending to new heights, Whole Foods Market co-founder and CEO John Mackey has a critical message for smaller cannabis entrepreneurs: Make the most of your business intuition to build strong, sus…