Day: October 18, 2018 (Page 2)

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Multistate marijuana firm iAnthus Capital agreed to acquire the U.S. assets of Toronto-based cannabis company MPX Bioceutical Corp. in an all-stock deal valued at 835 million Canadian dollars ($640 million), the second mega-acquisition in the American MJ industry in less than a week. US cannabis firm iAnthus inks CA$835 million acquisitionContinue Reading

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The world is reacting as legal marijuana sales began nationwide for the first time in the industrialized world yesterday, as Canada commenced sales of marijuana to all adults over the age of 21. On Wednesday, as the clock struck midnight, the Tweed store in St. John’s, Newfoundland held an officialContinue Reading

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“Growing pains” is an understatement to describe Southern California’s tumultuous recreational marijuana marketplace. New regulations that took effect July 1 are rattling what was already a turbulent part of the California MJ industry. The industry there also is suffering from product shortages, slow license approvals and a thriving black market. Moreover,Continue Reading