Ayr Wellness To Acquire Cannabis Beverage Startup Levia
Cannabis multistate operator Ayr Wellness announced this month that it has entered into a definitive agreement to acquire Cultivauna LLC, the owner of Levia brand cannabis infused seltzers and water-soluble tinctures, in a deal valued at up to $60 million. Ayr, a...
Medical Dispensary Prepares For Recreational Marijuana Sales
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Chris Webber opening $175M cannabis compound in southwest Detroit
Former NBA star and Detroit native Chris Webber is planning to open a cannabis “compound” in southwest Detroit, which will include a marijuana operations and training facility, a cultivation facility, a dispensary and a cannabis consumption lounge. Webber...
Is Aurora Cannabis’ ‘Business Transformation Plan’ Yielding Results?
Aurora Cannabis (NASDAQ:ACB) (TSX:ACB) reported a 45% year-over-year plunge in consumer cannabis net revenue, while its total net revenue in the fourth quarter of fiscal 2021 amounted to CA$54.83 million ($43.4 million), down from CA$68.43 million in the same period....
KindTap Brings First-of-Its-Kind Credit Payments Solution to Cannabis Industry with Launch in Massachusetts
Introduces compliant digital credit solution for B2C cannabis transactions, proving cash is no longer king BOSTON, Sept. 28, 2021 /PRNewswire/ – KindTap Technologies (“KindTap”), the cannabis industry’s first digital credit and...
CBD Stocks Creating Opportunities – Established (BCCI), (STG), (WEED), (ACRGF), (RLTR), (CBMJ), and Newcomer (VAPR) Lead the Charge
You would have to be living in isolation to have not picked up on the hottest marijuana derivative consumable and therapeutic center isolate CBD. CBD “Cannabidiol” is the non-psychoactive full spectrum derivative of the hemp and marijuana plant largely credited for the majority of the medical beneficial attributes associated with marijuana.
Tool and dye shop in Westland to become marijuana business
WESTLAND — The owner of a tool and die shop is changing his business strategy to stay afloat. His next venture? Marijuana. “Times change,” said Gregory Raymond, owner of Ray Industries, which is currently known as R&A Tool and Engineering Co....
Rochester couple starts cannabis business in preparation of legalization
ROCHESTER, Minn. (KTTC) – Cannabis will be fully legal in Minnesota in a matter of days, after passing this past lawmaking session. However, its estimated that dispensaries won’t be here until at least 2025, but that isn’t discouraging some from growing from home. “We...
2.7M New Yorkers consume marijuana at least once a month: officials
It’s the Empire Baked. Some 2.7 million New Yorkers enjoy marijuana at least once a month, state cannabis regulators revealed Wednesday, as they continue to push toward a robust, legal marketplace for the green goods. “There is a large and established market,” said...
Maryland’s Adult-Use Cannabis Market is Open for Business
With more than $10 million in retail sales during its opening weekend and more than $20 million in retail sales during the first week, Maryland’s adult-use cannabis market is open for business. Nearly 100 of Maryland’s existing medical cannabis dispensaries and 42...
Washington easing rules for marijuana industry
After blocking dozens of people with criminal records from entering the legal marijuana industry, Washington officials managing the 9-year-old industry are preparing to chill out a bit. Right now, a past felony conviction can be enough to prevent people from getting a...
Smaller cities, townships see financial benefits from cannabis retail
Local roads, fire departments, parks and development projects are just some of the ways that Michigan municipalities allowing retail recreational cannabis sales are spending their first yearly allocation of cannabis excise tax revenue. The state’s 2018 voter-initiated...
Mitchell City Council to consider approving changes to city’s medical marijuana ordinances
After state lawmakers released more medical marijuana regulations for cities to follow in early September, the council will tweak its own medical cannabis program during the 6 p.m. meeting on Monday to align with the new state rules, which includes allowing cannabis...
This Cannabis ETF Is Bouncing
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most...
How Michigan hopes to make small marijuana business ownership more accessible
© Mike Mulholland | mmulholl@mlive/Mike Mulholland | MLive.com Cannabis is weighed after being put into a plastic jar for samples, to be tested for potency and purity, at Michigan Pure Med in Marshall, on Tuesday, June 8, 2021. Sun Provisions in Decatur is a little,...
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