If there is a lesson to be learned from the overseas misadventures of Canada’s large cannabis producers in recent years, it is this: Being first to a market is a waste of time and money if that market is still years (or decades) away from producing mat…
Featured Marijuana Business & Cannabis Industry News
Week in Review: Illinois cannabis permits redo, Vermont adult-use progress, Oregon wildfires & more
Seventy marijuana dispensary applicants for recreational cannabis business licenses in Illinois dropped a lawsuit against the state after the governor allowed the losing bidders to make corrections and try again. The lawsuit argued that the state’s lot…
German medical cannabis applications for insurance reach 100,000
Applications for medical cannabis reimbursements with German statutory health insurers (GKV) have hit the 100,000 milestone this year – and 62% were approved, according to data obtained by Marijuana Business Daily. The figure accounts for individ…
SPACs offer marijuana companies a source of funding – and a way to go public
A meteoric rise in cannabis special purpose acquisition companies – better known as SPACs – is providing private marijuana and hemp companies an unprecedented opportunity to raise money and go public. “Cannabis SPAC IPOs (initial public off…
Extreme weather patterns force cannabis growers to rethink cultivation strategies
As extreme weather events ravage the country from coast to coast – including wildfires, floods and early freezes – marijuana growers are being forced to reevaluate their risks and consider changes to their cultivation practices. Outdoor mar…
Israel medical cannabis patient count hits record as imports soar
The number of authorized medical cannabis patients in Israel has more than doubled in the past two years – topping 70,000 – despite persistent supply and regulatory challenges, according to new data from the Israeli Medical Cannabis Agency …
Montana recreational marijuana ballot measure would allow only local operators
Montana voters will decide in November if they want to join the growing list of states with adult-use marijuana, and if they do, the market will be one of a shrinking number that allow only in-state residents to comprise the industry. The ballot measur…