Virginia took a major step toward becoming the 16th state in the nation to legalize a recreational marijuana market and the first in the South after the House of Delegates and Senate passed different legalization bills on Friday. The differences in tho…
Cannabis Industry Extraction News
Will GW’s multibillion-dollar sale ‘open floodgates’ to pharma-cannabis deal-making?
Jazz Pharmaceuticals’ planned $7.2 billion takeover of United Kingdom-based GW Pharmaceuticals could kick off a wave of deal-making between pharma and medical cannabis companies, analysts and industry sources say. But rather than all cannabis pro…
Will GW’s multibillion-dollar sale ‘open floodgates’ to pharma-cannabis deal-making?
Jazz Pharmaceuticals’ planned $7.2 billion takeover of United Kingdom-based GW Pharmaceuticals could kick off a wave of deal-making between pharma and medical cannabis companies, analysts and industry sources say. But rather than all cannabis pro…
Market for licensed marijuana businesses heats up as buyers snap up retail stores, other properties
The market for buying and selling licensed cannabis businesses has perhaps never been hotter, with demand fueled by new entrants into the industry, hopes for federal marijuana reform and multistate operators keen to expand their footprint. On the flip …
iAnthus receives $11M loan, go-ahead to finish New Jersey cannabis facility
Cannabis multistate operator iAnthus said it has closed on $11 million of financing to complete a build-out and improvements of a cultivation and processing facility in New Jersey. The facility is the subject of litigation between MPX New Jersey and iA…
Funding for marijuana companies surges after Democrats win control of White House, Congress
A Democratic election trifecta – control of the White House and both chambers of Congress – is giving marijuana industry executives hope for federal reform and encouraging investors to pump a record amount of money into cannabis businesses …
Tobacco giant sues California cannabis firm, alleging trademark violation
The owners of the Kool menthol cigarette brand filed a lawsuit that claims a California cannabis business has infringed upon its trademarked logo. According to Bloomberg Law, Kool owner ITG has sued Los Angeles-based Capna Intellectual, which does busi…
Outlining your cannabis business plan on paper can avoid partnership disputes later
Partnership disputes—whether between business partners or owners and investors—continue to be an ugly feature of the cannabis industry. Such conflicts can be costly and time-consuming; plus, they can sink a cannabis company. But there are steps compani…
Vape mail ban likely won’t impact marijuana businesses, stakeholders say
The news that vape products cannot be shipped via the U.S. Postal Service doesn’t seem to have the marijuana sector overly concerned.
Vape mail ban likely won’t impact marijuana businesses, stakeholders say is a post from: Marijuana Business Daily: Fin…
Newly formed Cannabis Beverage Council inspired by alcohol prohibition
A new beverage group has been formed to connect leaders in the cannabis and beverage industries who hope to expand that segment of the hemp and marijuana sectors.
Newly formed Cannabis Beverage Council inspired by alcohol prohibition is a post from: Ma…