Day: December 22, 2020

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Casa Verde Capital, a California-based marijuana investment fund launched by rapper Snoop Dogg, finalized a $100 million raise. This raise and a recent surge in M&A activity are signs of renewed investor interest in the marijuana industry. The funding brings Casa Verde’s portfolio value to $200 million, according to TechCrunch,Continue Reading

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Canopy Growth Corp.’s partly owned strategic investment subsidiary, Canopy Rivers, is selling some of its assets to the former and cutting ties with the company in a transaction worth nearly 300 million Canadian dollars ($232.2 million) that Rivers says will clear the path for new deals in the United States.Continue Reading

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A Missouri judge on Monday ruled to keep the state’s medical cannabis licensing regulations in place, dismissing a lawsuit that challenged the program’s license caps. Missouri judge throws out challenge to marijuana cultivation license limits is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneursContinue Reading

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The number of active medical cannabis registrations in Canada grew at the fastest pace in nearly three years during the latest quarter, defying predictions that the medical sector would fizzle after adult-use prohibition came to an end. Canada added 73,803 active client registrations with a federal license holder for theContinue Reading

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Australia is considering reforms that have the potential to transform the country’s cannabis sector. The Department of Health, through the Therapeutic Goods Administration (TGA), is seeking comments on a review of the regulatory processes for the manufacturing, labeling and packaging of medical marijuana products, the agency announced this week. AustraliaContinue Reading

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While California is widely touted as the largest legal cannabis market in the world, analysis of cultivation license data from Cannabiz Media shows that Oklahoma narrowly surpassed the West Coast state in issuing commercial growing permits this year. Oklahoma’s Medical Marijuana Authority issued 2,392 new permits through November 2020, outpacingContinue Reading