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Cannabis firm CannTrust reaches agreement to settle shareholder claims

Embattled Canadian cannabis producer CannTrust Holdings on Wednesday announced a restructuring support agreement that will pave the way for the company to settle shareholder lawsuits as it restructures. Under the agreement, shareholders’ litigati…

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Canada’s ‘croptober’ surge pushes cannabis inventory over 1 million kilograms

Canadian licensed producers added a record 220,461 kilograms of marijuana to their inventories in October 2020, according to new data offering a statistical glimpse of the country’s first large-scale “croptober” – when most of the fall outd…

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An elusive pathogen is damaging cannabis crops – here’s how to fight it

Over and over again, I meet cannabis growers who are not yet aware of a widespread disease that has been appearing more and more across the United States – hop latent viroid (HpLVd).
An elusive pathogen is damaging cannabis crops – here’s h…

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Strong demand drives up Oregon’s wholesale cannabis prices in 2020

Increased consumer demand for cannabis in Oregon helped push wholesale prices in the state out of a three-year slump caused by overproduction. For the first time since 2017, the median price per pound of recreational marijuana sold by cultivators to re…

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New Mexico medical cannabis operator ups pressure to boost plant-count limits

New Mexico’s leading medical cannabis company is trying to compel a court to force state regulators to increase the marijuana plant-count limit, claiming the restriction has resulted in a crisis of insufficient supply and high prices in the rapidly gro…

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Wildfires that damage marijuana crops are focus of new federal group

In response to the 2020 wildfires that engulfed the western U.S. and harmed many marijuana cultivators, two federal departments are banding together “to ensure better forest management effectiveness” in the fight against such natural disasters.
Wildfir…

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New Jersey cannabis company workers sign up with union

Employees at New Jersey cannabis company Verano NJ voted to ratify a union contract with two local chapters of the United Food and Commercial Workers International Union (UFCW) Local 152 and Local 360.
New Jersey cannabis company workers sign up with u…

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California marijuana regulatory merger on track for July

California Gov. Gavin Newsom’s 2020 proposal – to merge the three regulatory agencies that oversee the state’s marijuana industry into one new department – has finally been rescheduled and is now slated to be completed by July. …

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Vireo closes $4 million purchase of Nevada cannabis production facilities

Cannabis multistate operator Vireo Health said it has finally closed on a 2018 deal valued at $4 million to purchase four Nevada marijuana production licenses. According to a news release, the permits are only for cultivation and manufacturing and won&…