Cannabis producer CannTrust said it’s returning to the Canadian recreational marijuana market this month as the embattled company looks to open a new chapter more than a year after being censured for serious regulatory violations. The Vaughan, On…
Cannabis Industry & Marijuana Business Briefs
Minnesota adds two medical cannabis qualifying conditions
Minnesota regulators are adding two conditions that qualify patients to receive recommendations for medical marijuana, making a total of 17 conditions, which should help boost the bottomline for cannabis businesses in the state.
Minnesota adds two medi…
Marijuana MSO Jushi lists senior secured notes on Canadian exchange
Multistate marijuana operator Jushi Holdings listed $76,352,000 worth of secured debentures for trade on the Canadian Securities Exchange.
Marijuana MSO Jushi lists senior secured notes on Canadian exchange is a post from: Marijuana Business Daily: Fin…
PharmaCielo gets new CEO after revenue collapses; Khiron reports loss
PharmaCielo and Khiron Life Sciences – Toronto-based companies with their main operations in Colombia – reported losses this week for the quarter ending in September. PharmaCielo reported revenue of only 25,913 Canadian dollars ($20,000) fo…
Tilray adds dronabinol to German product portfolio
Canadian cannabis producer Tilray is offering dronabinol in the German medical cannabis market, according to a notice in the German trade publication Apotheke AdHoc. Tilray’s dronabinol is plant-derived – like most, if not all, of the drona…
Michigan adult-use cannabis sales exceed $400 million in first year
Adult-use cannabis sales in Michigan totaled nearly $440 million in the first full year of the program and already are on pace to nearly double in the second year.
Michigan adult-use cannabis sales exceed $400 million in first year is a post from: Mari…
Pennsylvania medical marijuana research venture gets OK from state
Pennsylvania regulators gave the green light to a company that intends to delve into medical marijuana research, potentially opening the door for much more industry product development. Organic Remedies has been cleared by the state health department t…
Arkansas reaches $187 million in medical cannabis sales
Arkansas’ slow-starting medical marijuana market is growing, with more than 80% of the state’s dispensaries now open and sales reaching a cumulative total of $187 million since the program launched in May 2019. That $187 million figure repr…
Zenabis selling cannabis facility for half of original asking price
Vancouver-based Zenabis Global has reached a conditional agreement for the sale of its facility in Delta, British Columbia, for what appears to be half of the original listing price. The conditional deal comes as large Canadian marijuana producers look…
VA recreational marijuana market would need 5 years to mature, report says
A working group in Virginia is estimating it will take up to five years for a recreational marijuana program to get established in the state.
VA recreational marijuana market would need 5 years to mature, report says is a post from: Marijuana Business …