Month: April 2019 (Page 14)

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Florida’s medical cannabis marketplace is set to see a significant boost in the number of businesses that can operate in the state as regulators approved licenses for eight more firms in addition to the 14 existing MMJ operators. The state will grant the additional licenses to companies that failed toContinue Reading

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Vancouver’s first 420 event of the post-legalization era in Canada is, paradoxically, turning into a fight over free speech. City authorities claim the event has gotten out of control and must come to an end — or at least be significantly reined in. Organizers, in turn, are asserting their rightContinue Reading

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On the same day it announced it was being acquired by Canada’s Canopy Growth in a groundbreaking deal, New York-based marijuana firm Acreage Holdings unveiled it is buying Deep Roots, a vertically integrated cannabis company based in Nevada. The $120 million deal was secured through Acreage subsidiary High Street CapitalContinue Reading

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Los Angeles City Attorney Mike Feurer announced a new push against illegal cannabis shops, starting with a civil lawsuit filed against one illicit operator in south L.A. and several business associates. Legal marijuana businesses in California likely will take careful note as this clampdown effort progresses, because they’ve long arguedContinue Reading

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As CBD’s popularity continues to surge, companies that invest in data, research and branding as key differentiators will be better positioned for long-term success, Canopy Growth CEO Bruce Linton said at a cannabis conference in Toronto. “Water’s free, and you can make a lot of money packaging and branding it.Continue Reading