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Canopy strikes groundbreaking cannabis-sector deal to buy Acreage for $3.4 billion

Get more in-depth analysis of this deal – and others in the cannabis industry – with an Investor Intelligence subscription. Marijuana industry leader Canopy Growth has struck a deal to buy New York-based Acreage Holdings in what would be the first major Canada-U.S. cannabis transaction – but the purchase won’t be executed until the U.S. government removes […]

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Leaving no county unheard on cannabis: Q&A with Pennsylvania Lt. Gov. John Fetterman

Pennsylvania successfully rolled out a medical marijuana program and now, having reversed course and with legalization pressure building in the Northeast, Democratic Gov. Tom Wolf is open to considering legalizing adult-use marijuana. The state’s approach is a deliberate one. As a first step, Lt. Gov. John Fetterman is conducting “listening sessions” in each of the […]

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California licensing snafu could cost cannabis growers thousands in lost revenue, possible shutdowns

California’s marijuana growers are at risk of losing thousands of dollars in revenue as scores of temporary business licenses expire each day before the state can replace them with annual permits. That leaves many cultivators trapped in a licensing logjam with a difficult choice: Continue operating with expired permits – or shut down. This is […]

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Chart of the Week: Colorado 4/20 sales spike higher than other recreational cannabis markets

Despite competing with newer adult-use marijuana markets in other states that also attract swarms of tourists, Colorado’s established recreational cannabis business arena remains a steady retail sales leader on April 20 – the unofficial marijuana holiday known as 4/20. According to data provided by Flowhub, a Denver-based marijuana software company, and Headset, a Seattle-based cannabis […]

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Marijuana Business This Week: German medical cannabis contracts, CBD self-regulation, MMJ group’s bank account closed & more

Here are some notable stories and events to watch for in the coming days: MAKING IT OFFICIAL: Contracts between Germany’s Federal Institute for Drugs and Medical Devices and the three companies it tentatively selected to cultivate and distribute its medical cannabis could be formalized as early as Wednesday after a mandatory 10-day appeals process expires. […]

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