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Medicine Man Technologies looks beyond Colorado after nearly $300M buying spree

Medicine Man Technologies is undergoing a growth spurt of historic proportions, including visions for national and even international expansion that are a long way from the company’s humble beginnings. At the beginning of this year, the Denver-based company was largely a cannabis consulting company with annual revenues of less than $10 million. Now, after an […]

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Sales of marijuana edibles up in at least four states in wake of vape health scare

The vaping health crisis apparently has been good for the marijuana edibles sector, a sign that consumers are funneling more money into infused products instead of vaporizers. Since the first vape-related death was reported in August, retail sales of edibles have climbed steadily in four states while those of vaping products have declined, though the […]

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Turmoil abounds over Los Angeles’ latest marijuana business licensing and its social equity program

Los Angeles’ latest marijuana business licensing round – which opened last month and has yet to award any retail permits – has many hopeful applicants outraged and threatening to take drastic action if major changes aren’t made. Hundreds reportedly appeared Thursday for the city’s Cannabis Regulation Commission meeting, where allegations of corruption, incompetence, and basic […]

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Cannabis farmers in Western states report large crop yields, only minor challenges

Cannabis growers in California, Oregon and Washington state say they are enjoying a robust outdoor harvest, with strong crop yields, high-quality flower and market prices well above last year’s depressed levels. Growers in the Western United States?have been reporting higher overall prices, so this turnaround in the market coupled with higher yields likely will make […]

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Week in Review: Mexico moves toward recreational cannabis legalization, vape firm Pax cuts jobs, Northeast govs huddle & more

Mexico prepares to become the most populous nation in the world to legalize adult-use marijuana, vape company Pax cuts 25% of its workforce, governors of Northeast states consider working together to legalize recreational MJ?– and more of the week’s top cannabis business news. Mexico prepares to legalize recreational cannabis Mexico’s Senate is ready to receive?a […]

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Antitrust cloud lifting on cannabis M&A deals, but will some be renegotiated – or even abandoned?

The antitrust cloud hanging over several large mergers and acquisitions in the U.S. marijuana industry appears to be lifting, but its effects continue to linger and could remain a factor if the deals ultimately are renegotiated or even scrapped in a difficult funding environment. In recent weeks, a number of marijuana companies have announced that […]

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