Canada’s top cannabis regulator chose not to fine CannTrust and Bonify Medical Cannabis despite significant violations of the rules governing the country’s marijuana industry – including illegal cultivation and sale. In fact, Health Canada has no…
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Marijuana concentrate sales up 40% as more consumers turn to the product category
Cannabis concentrates are gaining a larger share of the overall market and increasing in price as consumers become more comfortable with the intricate process of dabbing and technology makes consumption of the products easier.
Marijuana concentrate sal…
Virginia lawmakers pass landmark recreational marijuana legalization bills
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…
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 …
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 …
Medical cannabinoid firm GW Pharma to be acquired by Jazz Pharmaceuticals for $7.2 billion
Global pharma company Jazz Pharmaceuticals has reached an agreement to buy U.K.-based GW Pharmaceuticals, one of the largest medical cannabinoid businesses in the world, for $7.2 billion in cash and stock, the drugmakers announced Wednesday.
Medical ca…
How interstate commerce could upend the marijuana industry
Also known as interstate commerce, each state’s laws limits the movement of cannabis to within the state.
How interstate commerce could upend the marijuana industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news fo…
California cannabis agency creates uproar by revoking 300-plus business permits, then reinstates most
California’s top cannabis regulatory agency sent shockwaves through the state’s marijuana industry on Monday and Tuesday after it inexplicably revoked the licenses of more than 300 businesses. By Tuesday afternoon, the license suspensions appeared to h…