Marijuana Business Daily

Canadian cannabis company Cronos Group (NASDAQ: CRON) promoted John Griese, former chief operating officer of The Supreme Cannabis Co., as senior vice president, head of North American operations, reported Marijuana Business Daily. The Toronto-headquartered company provided no official...

MJBiz confirmed Tuesday it has been acquired by the New York-headquartered b2b event and media company Emerald Holding Inc. (NYSE: EEX) for $120 million in cash plus potential earnouts. The deal includes MJBiz Con, one of the oldest and largest cannabis-focused trade shows, as well as...

In an attempt to deal with cannabis testing issues and laboratory inconsistencies, California is standardizing the process throughout the state's approximately 40 active weed testing facilities. What Happened The initiative comes under the new state law...

Cannabis operators tell Benzinga that there is much to be thankful for as the United States heads into Thanksgiving this year. Dozens of sources cited a range of subjects they're thankful for, including the eroding stigma against the plant, growing sectors and state marketplaces...

Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) announced Tuesday that the company prevailed in a high-profile lawsuit brought by its former CFO James Parker. The trial, which was held at the Los Angeles County Superior Court, has been ongoing for over two and a half years....

As of Monday, medical patients in Florida can resume purchasing cannabis products online from licensed medical marijuana dispensaries. The decision from Judge Suzanne Van Wyk comes months after Florida's Department of Health announced it would fine any licensed cannabis dispensary that used...

As the cannabis industry scales, so does its need for experienced business veterans to steer companies towards the top. The demand has led to an influx of executives entering the space from other industries. Most in the cannabis industry note that the move is a likely response to a nascent...

Canadian cannabis giant Tilray Inc.’s (NASDAQ: TLRY) (TSX: TLRY) CEO Irwin Simon has received nearly $30 million in total compensation so far in calendar 2021, with nearly half of that sum paid in cash, according to a recently disclosed regulatory filing. The compensation paid to...

Cannabis company Parallel, led by chewing gum heir William "Beau" Wrigley Jr. and Ceres Acquisition Corp. (OTCQX: CERAF), a special purpose acquisition corporation, have mutually ended their billion-dollar merger deal after months of negotiations. The two companies terminated...

Once viewed as a rising star in the Democratic party, former Massachusetts mayor Jasiel Correia was sentenced to six years in prison on Tuesday after being convicted in May on charges including fraud and extortion of hundreds of thousands of dollars tied to local marijuana businesses. The ex-mayor...

Cannabis growers in the U.S. are not the only ones whose operations have been endangered by wildfires. Canadian companies Aurora Cannabis (NASDAQ: ACB) and Heritage Cannabis Holding (OTCQX: HERTF) are experiencing the same difficulties in British Columbia....

The last several years will definitely be remembered as the most important for cannabis-related industries, as various milestones have been achieved. So far, around 18 states and Washington, DC, have legalized adult-use marijuana, and 37 have given the green light to ...

Recreational cannabis sales in Illinois just set another record for the month of July, hitting an all-time high of $128 million. While the booming industry can be attributed to the easing of pandemic-related restrictions, a major push came from Lollapalooza – the...

Canopy Growth Corporation's (NYSE: CGC) (TSX: WEED) leadership team earned over CA$4 million ($3.2 million) in cash bonuses in fiscal 2021, according to a proxy statement sent ahead of the company's annual general meeting, scheduled for September 14 via webcast.  The board of the...

Aurora Appoints Theresa Firestone As Independent Director, Expands Board To Nine Members Canadian cannabis giant Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) tapped Theresa Firestone as a new independent director earlier this week. Firestone, who previously held several senior healthcare executive...