Month: June 2020 (Page 23)

On:

Denver-based marijuana management platform MJardin Group terminated its planned acquisition of Nevada edibles maker Cannabella. In a short news release, MJardin disclosed only that the deal had failed to close. The arrangement has been in limbo for more than a year since MJardin announced in April 2019 its plans toContinue Reading

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Federal cannabis licenses for one of CannTrust’s facilities were reinstated, about nine months after the embattled Ontario producer was hit with suspensions over legal and regulatory breaches. In September, Health Canada suspended the licenses held by CannTrust for its Niagara and Vaughan sites over noncompliance with the Cannabis Act andContinue Reading

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A number of multistate marijuana operators are struggling, unloading assets, cutting jobs and overhead costs as well as scrapping expansion plans amid a looming recession and a shortage of investor funding. But other MSOs are doing well financially: Cresco Labs, Curaleaf, Green Thumb Industries and Trulieve, among others. What makesContinue Reading