With friendlier regulatory frameworks around the cultivation and consumption of cannabis in countries like Canada and US states like Arizona and Colorado, the cannabis industry will continue to evolve. As such, the next focus...
Greenway Greenhouse Cannabis Corporation, a leading cultivator specializing in top-tier greenhouse cannabis for Canada, recently welcomed Kyle Appleby as their latest Chief Financial Officer. Appleby steps into this role...
New York-based Silver Spike Investment Corp., a firm known for its investments in the cannabis, health, and wellness sectors, has agreed to acquire the Chicago Atlantic Loan Portfolio (CALP) loans. This deal will see Silver...
Canadian cannabis producer Organigram Holdings is exploring international investment opportunities, especially in the U.S. market, as stated by CEO Beena Goldenberg. While the company’s revenue was CA$36.5 million during...
The cannabis market has been projected to reach a revenue of $60.79 in 2024. Even with this projection, work needs to be done in the marijuana investment space, particularly in the area regulations. In the upcoming year,...
According to a recent report, the ranks of women and minority cannabis executives have returned to pre-pandemic levels. This is an important milestone, as the cannabis industry has historically struggled with diversity and...
A significant player in this evolving landscape, Auxly Cannabis Group, has signed an agreement to amend the credit facility for its subsidiary, Auxly Leamington, alongside a group of lenders. As part of ongoing negotiations,...
An Australian-based medical cannabis clinic known for providing state-of-the-art care and services is expanding its operations to the UK. Alternaleaf, which has reported having helped hundreds of thousands of patients worldwide...
World-famous former boxer Mike Tyson has entered the cannabis industry with his line of products known as Tyson 2.0. Introduced recently in New York, the demand for Tyson’s brand soared as fans lined up at dispensaries...
Canadian cannabis retailer High Tide strikes a significant milestone as it opens its first Canna Cabana store in Mississauga, Ontario. The store is strategically located at 5700 Mavis Road and started selling recreational...
The state of California is utilizing tax revenue generated from cannabis sales to fund programs aimed at promoting equity for individuals disproportionately affected by the war on drugs. This initiative, designed to ensure...
As an industry that’s plagued with misinformation and just a lack of information in general, cannabis business networks have been essential tools for many cultivators and businesses, who are looking to find the best practices...
With U.S. states like Arizona, Colorado, Massachusetts, and Washington regulating the use of marijuana for medical and recreational purposes, many cannabis companies are beginning to find their feet in the U.S. market. These...
Recently, Trulieve Cannabis Corp., a prominent player in the U.S. cannabis market, announced the selection of Marie Zhang as its new Chief Operating Officer, effective January 29, 2024. Zhang brings a wealth of experience,...
In recent years, marijuana laws have been changing significantly across the United States. With the beginning of the new year, several states are implementing new policies that affect various aspects of marijuana use and...
In October 2018, Canada became the first major industrialized country to legalize the production, distribution, sale, and possession of cannabis for adults of legal age for recreational purposes. The legal framework paved...
With friendly regulatory environments around marijuana usage for medicinal and recreational purposes in countries like Canada and the UK, investors are turning to cannabis stocks for short and long-term gains. But why invest...
Recently, NewLake Capital Partners Inc., a notable capital provider for cannabis operators licensed by the state, provided insights into their $10 million equity buyback effort. They’ve successfully secured 713,831 shares...
In recent years, Safari Flower has shifted its focus towards international medical cannabis shipments. This strategic move is due to the potential higher profit margins than Canada’s average prices, where margins can range...
Though the use of cannabis for medicinal use is still considered illegal by the U.S. federal laws, a significant beneficiary of the marijuana industry is the healthcare sector. With more companies moving from marijuana cultivation...
The 2018 farm bill’s legalization of hemp in the United States has seen a rise in hemp farming across various states. Despite this, farmers are encountering challenges as the U.S. Department of Agriculture (USDA) revokes...
At present, marijuana is classified as a Schedule 1 drug under federal law. This categorization brings with it significant tax implications for state-legal cannabis businesses. Under Section 280E of the federal tax code,...
In recent events, The Cannabist Company Holdings Inc., one of the largest and most experienced retailers, cultivators, and manufacturers of cannabis products in the U.S., successfully elected all nine nominees for its board...
In recent years, the cannabis industry has experienced both growth and contraction. Denver-based marijuana recruiting firm Vangst reported the first-ever decrease in cannabis jobs in February 2023. Factors such as global...
The year 2023 stood as a turbulent period for the European cannabis industry due to factors such as two ongoing wars, energy and cost of living crisis, and negative sentiment towards cannabis investments. As a result, funding...
Final Bell has acquired the wellness-focused cannabis brand Dosist in a strategic move to expand its presence outside of California. The acquisition deal includes not only the intellectual property of the brand but also its...
New York officials have shut down Big Chief Smoke Shop, an unlicensed cannabis retailer in Brooklyn, due to its persistent failure to comply with state licensing regulations. New York Governor Kathy Hochul, Attorney General...
AFC Gamma, Inc., a company specializing in direct lending and bridge loan opportunities within the real estate sector, intends to pay a dividend of $0.48 per share for the September 30, 2023 quarter. This dividend will be...
In the first year of adult-use cannabis operations in Rhode Island, dispensaries chalked up over $100 million in combined sales from medical and recreational products. This remarkable accomplishment significantly exceeded...
The adult-use cannabis market has been making headlines recently as legalizations spread, new legislation is introduced, and shifting political stances occur. However, there are still many obstacles that need to be addressed...
With the introduction of Cannabis Gamma, Uruguay has experienced a revolution in its cannabis industry. Pharmacies have reported demand that surpassed all expectations due to this innovation. The Institute for the Regulation...
The rise of the cannabis industry has spawned several sub-market sectors globally, including the crucial field of cannabis testing. In a bid to provide insights and facilitate stakeholder navigation in this rapidly evolving...
In a surprising turn of events, it appears that hemp growers in Minnesota may enter the market more than a year ahead of the state’s plan to start selling adult-use marijuana in early 2025. According to information provided...