marijuana

Cresco Labs (OTC: CRLBF) said Monday it was pre-qualified for a cultivation and processing license by Michigan's Department of Licensing and Regulatory Affairs Medical Marijuana Licensing Board. The Cannabis Capital Conference returns to Toronto April 17-18! What Happened Cresco Labs, one...

Wholesale cannabis ordering platform and B2B marketplace LeafLink is helping cannabis retailers prepare for the upcoming 4/20 cannabis holiday by launching its own deal month starting Wednesday.  The monthlong deal kicks off with a special event Wednesday, LeafLink Live, where retailers...

Vertically integrated cannabis company Harvest Health & Recreation Inc (OTC: HRVSF) said Monday it will acquire Chicago-based peer Verano Holdings in an all-stock deal worth $850 million. This is the second acquisition announced by Harvest Health & Recreation in the last month. Verano,...

Cannabis investors woke up to a negative sell-side take on Tilray Inc. (NASDAQ: TLRY) Friday, with Jefferies calling the Canadian company's valuation unjustified. The Analyst Jefferies analyst Owen Bennett initiated coverage of Tilray with an Underperform and $61 price target.  The...

Namaste Technologies Inc (OTC: NXTTF) is gaining exposure to the future Canadian cannabis-infused edible market through the acquisition of a 49-percent stake in Calgary-based Choklat. What Happened The value of the transaction is C$1.5 million ($1.12 million), Toronto-based Namaste said in a...

Target Group Inc (OTC: CBDY), a vertically integrated Canadian cannabis company, said Tuesday that it completed the acquisition of CannaKorp, a Massachusetts-based technology company focused on vaporizing products. What Happened Target Group said 99.8 percent of CannaKorp shareholders approved...

Leafly, a platform that provides information about cannabis products, announced Monday that it's appointed longtime Amazon.com, Inc. (NASDAQ: AMZN) executive Tim Leslie as its CEO.  What Happened Tim Leslie worked at Amazon for 20 years and played a crucial role in the...

Flowr Corp (OTC: FLWPF), a Canadian cannabis company focused on premium products, said it hired celebrated chef Ryan Reed to launch a line of signature edible cannabis products under its Flowr brand. What Happened  Reed will work closely with Flowr's R&D team to research and...

In a move to expand its influence to another major state in the cannabis industry, Curaleaf Holdings, Inc. (OTC: CURLF) announced -a definitive agreement Wednesday to acquire Eureka Investment Partners, LLC. The move allows Curaleaf, a U.S.-based vertically integrated cannabis business, to...

The market share of cannabis flower continues to fall in California, likely representing an even sharper decline for the rest of the United States. Data from BDS Analytics shows that cannabis flower had a 56-percent share of California's legal cannabis sales for the first quarter of 2017....

GW Pharmaceuticals plc (NASDAQ: GWPH) reported its financial results Tuesday for the first quarter of fiscal 2019. The company reported revenue growth of  67.5 percent. One highlight: the report includes sales of the company's Epidiolex drug, which last year became the first cannabis-based...

Thai King Maha Vajiralongkorn signed into law a bill legalizing medical use of cannabis earlier this week. The move comes two months after the country's legislature approved the necessary amendments. What Happened In November, the Thai National Legislative Assembly submitted a number of...

Canopy Growth (NYSE: CGC), the cannabis industry's largest company by market value, refiled its third-quarter management discussion and analysis, or MD&A, on Thursday due to a spreadsheet formula error. The move comes less than a week after the Canadian company's Feb. 14...

Constellation Brands, Inc. (NYSE: STZ) shares dropped Wednesday after the alcoholic beverage maker commented on its beverage growth expectations at an industry conference. The company said it expects to see a 10-cent-per-share hit to fourth-quarter earnings from its investment in cannabis...

The first clinical study assessing the effectiveness of hemp-derived cannabinoids in recovery from brain injury will be launched in the U.S. as part of a collaboration between the Flowering HOPE Foundation and Clover Leaf University. What Happened The study is sponsored by Real Time Diagnostics...