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Industry Headlines: Page 368
Marijuana Is Getting Cheaper. For Some States, That’s a Problem.
Marijuana prices are collapsing in Colorado and in other legalization states (e.g., Oregon, where the price can go as low as $100/pound).
Massachusetts’ First Recreational Marijuana Sales Will Begin Tuesday
Cultivate Holdings in Leicester and New England Treatment Access, or NETA, in Northampton will begin sales on Nov. 20.
Trio of Bills Would Improve Veterans’ Access to Medical Marijuana, Cannabis Shortages Could Continue in Canada: Week in Review
Rep. Seth Moulton has partnered with Rep. Matt Gaetz to introduce a trio of bills that would nudge the VA to better integrate cannabis into the treatment it provides veterans.
Marijuana Startup Backed by John Boehner Goes Public in Canada
The company raised $314 million in a private placement that values it at about $2.8 billion.
Columbia Care Leads US Cannabis Industry Towards Global Expansion By Becoming First American Company Licensed in European Union
The company is launching EU and global expansion strategy with fully integrated license issued by federal government of Malta.
Cannabis Banking Takes Off in U.S. as Women Forge Path Around Ban
Bloomberg reports: A CEO, business banker and lawyer gain notoriety as pioneers.
Tilray Ready to Move Into U.S. Cannabis if Farm Bill Passes
Tilray would have an advantage over U.S.-based cannabis companies that are forced under current regulations to have operations for individual states.
Canada-Wide Cannabis Shortages Could Last Years, Producers Warn
Provinces including British Columbia, Alberta, Manitoba, Saskatchewan, Quebec, Nova Scotia and New Brunswick have all reported varying degrees of shortages.
Seattle Company Gets Washington’s First Cannabis Research License
Verda Bio received the state's first license to grow and process cannabis purely for research purposes.
Cannabis Industry Is Facing a Shakeout, Aphria President Says
“There will be a group of companies at the top, the big producers, and some smaller producers at the bottom, like craft beer,” Jakob Ripshtein said.
Aurora Earnings Surge by 2,800% After It Produces 11,000 Pounds of Cannabis in 3 Months
The Canadian-traded Aurora shares rose slightly on Monday and have doubled in the last year
Trulieve Cannabis Corp. to Acquire Life Essence, Inc. and Leef Industries, LLC
The transactions on both coasts are the first operational ventures beyond the state of Florida.
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