Canada’s federal cannabis regulator, Health Canada, has announced an upcoming public comment period regarding cannabis regulations that could result in new restrictions on flavors used in cannabis vape products. The proposed amendments to Canada&…
International Marijuana Business 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…
Legal recreational cannabis sales in Canada outstrip illicit spending for first time
Sales of regulated adult-use cannabis in Canada overtook illegal transactions for the first time in the third quarter of 2020, according to new Statistics Canada data. That development demonstrates the success of legalization in these early years, expe…
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…
Marijuana firm Planet 13 raises $53.9M in bought deal public offering
Nevada marijuana company Planet 13 Holdings raised 69 million Canadian dollars ($53.9 million) on Tuesday in a bought deal public offering. According to a company news release, the money will be used for “potential acquisitions for purposes of re…
What marijuana investors can learn from GameStop trading frenzy
Last week’s meteoric rise of GameStop’s shares made headlines, but what should be made of it? And what can we learn from it for marijuana? What happened with GameStop is a short squeeze. The same thing happened to Tilray in 2018, Volkswagen in 2008 and…
TerrAscend Canada cannabis gummy recall affects over 330,000 units
Cannabis producer TerrAscend Canada has recalled more than 330,000 units of THC-infused gummies in relation to possible mold contamination. The recall of TerrAscend’s Haven St.-brand Rise No. 570 Wild Berry THC Infused Gummies was initially annou…
Here’s how to choose the best location for your marijuana retail store
From mom-and-pop shops to corporate chains, everyone in the retail business knows that a carefully chosen location is key to success.
Here’s how to choose the best location for your marijuana retail store is a post from: Marijuana Business Daily:…
Valens files prospectus to issue up to CA$150 million in securities
Valens Co. has filed a base shelf prospectus with securities regulators in Canada that would enable the cannabis derivative manufacturer to raise up to 150 million Canadian dollars ($117 million) in aggregate over the next 25 months. That is up from th…