California Suspends 394 Cannabusiness Permits
Fri / Nov 8th
California has suspended 394 cannabis business permits, affecting about 5 percent of the state’s legal supply chain, the Associated Press… Read More
Cannabis Business & Financial News
Ganjapreneur is your source for the latest news affecting cannabis entrepreneurs in the industry. Are you a cannabis business owner? Subscribe to our newsletter for daily industry updates and visit our business directory to learn about and connect with other cannabis businesses. These articles are a source for a cannabis business, read on to learn more:
Drake Launches Cannabis Company with Canopy
Fri / Nov 8th
Hip-hop star Drake, real name Aubrey Drake Graham, is partnering with Canadian cannabis company Canopy Growth to launch More Life… Read More
Ex-Canopy CEO Bruce Linton Lands at Vireo as Executive Chairman
Fri / Nov 8th
Bruce Linton, the former founder and co-CEO of Canada’s Canopy Growth Corp., has joined Vireo Health as executive chairman, the… Read More
High Times Fires Seattle DOPE Magazine Employees
Thu / Nov 7th
On Wednesday, October 30, the majority of DOPE Magazine’s editorial team in Seattle was laid off by parent company High… Read More
Columbia Care to Acquire The Green Solution in $140M Deal
Wed / Nov 6th
Columbia Care, which holds cannabis licenses throughout the U.S. and Europe, has entered an agreement to acquire Colorado-based The Green… Read More
L.A. City Council President Calls for Retail Cannabis Licensing Redo
Fri / Nov 1st
Los Angeles City Council President Herb Wesson this week called on city regulators to not approve any new retail cannabis… Read More
Illinois Cannabis Workers Unionize Claiming Unfair Labor Practices
Thu / Oct 31st
Workers at Rock Island, Illinois medical cannabis company Green Thumb Industries have formed a union amid claims of unfair labor… Read More
Canadian Company Adopts Recyclable Tin Cannabis Packaging
Tue / Oct 29th
Canadian cannabis company Freedom Cannabis is launching its product line in a recyclable steel container called Nitrotin, the Winnipeg Free… Read More
Buffett-Linked Venture Capital Fund Invests in Flowhub
Tue / Oct 29th
Cannabis tech company Flowhub has landed a $23 million investment in a Series A funding round led by Evolv Ventures… Read More
Massachusetts Cannabis Company Settles Lumber Firm’s Trademark Dispute
Tue / Oct 29th
Massachusetts cannabis company New England Treatment Access and lumber firm Boise Cascade Company have settled a federal lawsuit over the… Read More
Michigan Starts Accepting Cannabis Industry Applications on Friday
Mon / Oct 28th
Editor’s note: A previous version of this article incorrectly indicated that the application period will begin on December 1 instead… Read More
Canadian Cannabis Producer Hexo Announces Layoffs, Facility Closures
Fri / Oct 25th
Canadian cannabis company Hexo Corp. has laid off about 200 workers including some executive positions in what the firm called… Read More
Snoop Dogg Partners with Seedo for AI Growbox Tech
Wed / Oct 23rd
Rapper Snoop Dogg is partnering with Seedo, an Israeli company that manufactures a small refrigerator-like machine that cultivates plants with… Read More
Blockchain Emerging as New Traceability Option for Cannabis
Mon / Oct 21st
Already seeing success as a transparent traceability solution in food distribution and the pharmaceutical industry, blockchain is emerging as a… Read More
Two Florida Medical Cannabis Licenses For Sale
Wed / Oct 16th
Two Florida medical cannabis licenses are for sale totaling $95 million, the Tampa Bay Times reports. One $40 million license… Read More
CannTrust to Destroy $65M of Cannabis Inventory
Tue / Oct 15th
CannTrust Holdings Inc. is set to destroy about $65 million worth of inventory and $12 million worth of biological assets… Read More
Report: Colorado’s Ebbu Allegedly Violated State Investment Laws
Tue / Oct 15th
Ebbu, a Colorado-based cannabinoid technology company, is alleged to have misled investors and violated Colorado cannabis investment rules, according to… Read More
Denver’s Bonsai Cultivation Issues Flower Product Recall
Tue / Oct 15th
Denver cannabis company Bonsai Cultivation has issued a recall of its flower, shake, trim, and pre-roll products due to excessively… Read More
MedMen Terminates PharmaCann Acquisition Deal
Wed / Oct 9th
MedMen Enterprises Inc., which operates cannabis companies throughout the U.S., has terminated a deal to acquire PharmaCann, LLC, who will… Read More
Report: Hemp-Derived CBD Could Reach $23 Billion by 2023
Tue / Oct 8th
The hemp-derived CBD market could be worth $23 billion by 2023, which works out to about $40,000 per acre at… Read More
Kushy Punch Raided; Authorities Allege Unregulated Market Dealings
Mon / Oct 7th
A licensed California cannabis company is accused of manufacturing products for the illicit market after the Department of Consumer Affairs… Read More
Cannabis Contributed $8.26B to Canadian GDP Post-Legalization
Wed / Oct 2nd
The Canadian cannabis industry contributed $8.26 billion to the nation’s gross domestic product as of July, an increase of $1.24… Read More
Nielsen: U.S. Cannabis Umbrella Could Reach $40B by 2025
Fri / Sep 20th
According to Nielsen’s Total Consumer Report, legal U.S. cannabis sales could reach more than $40 billion by 2025. In 2018,… Read More
First U.S. Hemp Strain Patent Awarded for Charlotte’s Web
Wed / Sep 18th
Charlotte’s Web Holdings (CWB) has received what appears to be first-ever U.S. patent for a hemp plant cultivar. The news… Read More
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