Day: September 17, 2020 (Page 2)

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Australia’s market for medical cannabis is expected to triple this year to about AU$95 million ($70 million) in product sales, according to a new report published by North Sydney-based data firm FreshLeaf Analytics.  However, FreshLeaf said it analyzed 37 companies vying for less than 100,000 prescriptions, concluding that “the AustralianContinue Reading

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(This story has been updated to reflect new information on upcoming Lift & Co. events.) Lift & Co. Corp., a Toronto-based cannabis events and marketing firm, has filed for bankruptcy. The announcement comes after Lift failed to sell off its consumer and trade marketing divisions, along with its CannSell trainingContinue Reading

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Trulieve, the preeminent medical cannabis operator in Florida, plans to expand to Pennsylvania by acquiring two MMJ companies in a $66 million deal. Pennsylvania will be the fifth state in which Trulieve does business. According to a news release, the Tallahassee-based company agreed to acquire McKeesport cultivator and producer PurePennContinue Reading