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Canadian Cannabis Producers Are Financially Squeezed: Unpaid Marijuana Fees Grow 10X YoY To CA$914K
Monday, March 28, 2022 - 2:31pm | 637Has competition in the Canadian cannabis market finally reached its climax? Some advocates would say so, considering that unpaid marijuana regulatory fees have grown ten times over the years, according to data from Health Canada, reported MJBizDaily. According to some...
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Materia Ventures Enters German Cannabis Market With Cannaktiv Acquisition
Wednesday, May 13, 2020 - 7:15am | 396Materia Ventures has acquired Cannaktiv GmbH, a licensed importer and distributor of medical marijuana products in Germany. The company will be re-named Materia Deutschland GmbH. Materia did not disclose the value of the transaction, but its CEO Deepak Anand told Benzinga in an email that...
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The Week In Cannabis: MedMen And Hexo See Big Losses, While Psychedelics And Hemp Thrive
Sunday, November 3, 2019 - 1:17pm | 3416It was a tough week for cannabis, but a very good week for psychedelics and hemp. Four major cities took significant steps toward the decriminalization of psilocybin mushrooms and other psychedelic plants. Meanwhile, the United States Department of Agriculture released interim regulations for...
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The Week In Cannabis News: SAFE Banking Act In The Senate, Greenlane's IPO, B-Real, Canopy Growth And More
Sunday, April 14, 2019 - 1:23pm | 4702Last week, Sen. Jeff Merkley (D-OR) and Sen. Cory Gardner (R-CO) introduced the Secure and Fair Enforcement (SAFE) Banking Act into the Senate, counting on the support of 20 cosponsors. This bipartisan piece of legislation was introduced in the House last month, and was approved with bipartisan...