Ontario-based Maricann plans to acquire a hemp farm in Switzerland for 8 million Swiss francs ($8.5 million), making the Canadian medical marijuana producer the latest to seek a toehold in the lucrative European hemp market Maricann announced plans Wednesday to acquire hemp producer Haxxon AG, which...
Seattle-based Privateer Holdings, which has long been setting benchmarks for capital raises in the marijuana sector, has established a new standard – and demonstrated that at least some deep-pocketed investors have not been spooked by U.S. Attorney General Jeff Sessions. The marijuana-focused private equity company announced...
A girl in Illinois just had a huge victory for her health and her education last week. Eleven-year-old Ashley Surin was kicked out of school for wearing a medical marijuana patch and using cannabis oil and lotion. In 2008, when she was just a toddler, she was...
Sen. Mitch McConnell (R-KY), left, and Sen. Chuck Schumer (D-NY), center, struck a bargain that will fund the government through Feb. 8. House Republicans, led by Rep. Paul Ryan (R-WI), right, passed the measure on Monday afternoon. (AP Photo/Evan Vucci) Senate Democrats and Republicans came to...
Washington state Attorney General Bob Ferguson (Elaine Thompson/AP) Washington state officials sent up a flare over the state’s legal cannabis industry this week, asking operators to speak up about problems that have arisen in the wake of US Attorney General Jeff Sessions’ recent rescission of the...
New Brunswick’s provincial-run alcohol retailer and one of Canada’s top marijuana producers are teaming up to develop a training program for recreational cannabis retail employees. NB Liquor and Smiths Falls-based licensed producer Canopy Growth Corp. will launch the new program, which will first be offered to...
With a statewide ballot measure in Michigan likely to go before voters in November, the campaign working on the initiative just got some good news. According to a recent poll of Michigan voters, a solid 57% of them already support adult-use legalization, according to a survey...
With a statewide ballot measure in Michigan likely to go before voters in November, the campaign working on the initiative just got some good news. According to a recent poll of Michigan voters, a solid 57% of them already support adult-use legalization, according to a survey...
Canopy Growth has become the first major licensed producer of medical marijuana in Canada to announce plans for its own stand-alone retail recreational cannabis outlets. The Smiths Falls-based company aims to have its sales outlets up and running by the time cash registers ring in the...
(This is the seventh installment in a series that examines hemp markets in U.S. states. Other installments: New York, North Carolina, North Dakota, Oregon, Vermont and Virginia.) Some hemp growers struggle to get water for their crops. In Tennessee, hemp farmers have the opposite problem: They must...
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