Chicago-based marijuana multistate operator Green Thumb Industries wants to raise about $150 million through the sale of 10 million shares of stock, according to a regulatory filing made with the U.S. Securities and Exchange Commission on Friday. Green Thumb said in its prospectus that it would use the proceeds toContinue Reading
With one wellness company selling its unadorned in-house extracts, it’s simpler than ever to DIY your CBD The post Making CBD products from scratch is easier than you think appeared first on Leafly. Read More: Making CBD products from scratch is easier than you thinkContinue Reading
The Arizona Supreme Court on Thursday ruled that a voter initiative that would legalize a commercial recreational marijuana program in the state will appear on the November ballot, removing the final legal challenge. In a last-ditch effort to keep the issue off the ballot, opponents had argued that the initiativeContinue Reading
Canadian marijuana retailer High Tide is acquiring competitor Meta Growth Corp., creating an entity touted as Canada’s largest cannabis retailer. The combined companies will operate 63 retail stores across Alberta, Manitoba, Ontario and Saskatchewan, according to a news release issued Friday morning. There are plans to grow to approximately 115Continue Reading
Canadian retail sales of adult-use cannabis crested yet again in June, increasing 7.9% over the record set in May. Monthly retail sales grew in every Canadian province, reaching nearly 201.1 million Canadian dollars ($152.1 million), new figures from Statistics Canada show. The national monthly increase reflects natural market growth andContinue Reading
Iowa’s 2-year-old medical marijuana program is struggling to become financially viable, constrained by low THC levels, high prices, minimal physician participation – and more. While most marijuana markets across the country have experienced robust demand during the coronavirus pandemic, Iowa’s MMJ sales have been weak. Patients have struggled to renewContinue Reading
The most common reason people want to detox from THC is because of their job. Despite full legalization in 11 states and Washington D.C., many companies still require their employees to pass a urine test. In fact, most places will not even hire an individual who has traces of THCContinue Reading
The marijuana industry is unlike any other, and it’s home to executives who have overcome federal prohibition, social stigma, draconian regulations and more obstacles to build successful companies. To provide our audience with tips and tools to build their own companies, Marijuana Business Daily has launched an occasional video seriesContinue Reading
