Industry update Aphria blames slump on Covid despite steady market growth CEO Simon says he expects to capture 30% of a $6B Canadian market following the Tilray merger and pandemic lifting Nick LabaApril 12, 2021
Industry update Ikänik Farms, SGS create global medical cannabis quality certification Company's Colombian subsidiary Pideka and a world-leading verification firm aim to set international cannabis production standards Jared GnamApril 12, 2021
Industry update California weed firm Glass House to go public in US$567M deal A Canadian special-purpose acquisition company says the deal will create California's largest cannabis operator Jared GnamApril 9, 2021
Industry update Green Thumb to convert NY federal prison into $50M grow The Illinois cannabis firm to create 125 jobs at facility in Warwick, New York after the state launches adult-use sales next year Jared GnamApril 9, 2021
International Senate delay of Mexican weed law a political tactic, deputy says Delaying legalization is a move to distance the law from Mexico's conservative president, according to Martha Tagle Martínez Natalia Buendia CalvilloApril 9, 2021
Industry update Canopy buying Supreme Cannabis for $435M in premium brand grab Analysts question whether consumers will stay loyal to 7Acres under Canopy's stewardship Jared GnamApril 8, 2021
Industry update Ikänik Farms inks 3-year Latin American CBD deal Distributor Yura Group to sell 240,000 Ikänik Life CBD products into 8 countries each year Jared GnamApril 7, 2021
Industry update Michigan university offers first US cannabis chemistry scholarship Lake Superior State University hopes its cutting-edge chemistry program will help boost US cannabis jobs to 500,000 by 2022 Jared GnamApril 6, 2021
Industry update White House makes curbing overdose deaths top drug priority In a statement, the Biden-Harris administration says it intends to expand treatment and lessen inequity. Advocates criticize the plan for upping enforcement Natalia Buendia CalvilloApril 5, 2021
Industry update Switzerland to launch Europe’s first adult-use cannabis market this year The Swiss government has released draft rules to introduce an experimental recreational market as early as May 15 Jared GnamApril 5, 2021