Aurora Cannabis Acquires MedReleaf Australia Aurora becomes the largest global medical cannabis company operating in nationally legal markets. MedReleaf Australia holds the #2 position in medical cannabis within the rapidly growing ~AUD$400 million¹ Australian market. Transaction is expected to be immediately accretive to Adjusted EBITDA² and accelerate the Company’s... Read more
Canada’s THC-infused beverage market is about to get more crowded. Jones Soda, the beloved soft drink company known for its quirky flavors, said on Tuesday that the arm of its cannabis business, Mary Jones, “has been approved to operate in Ontario, Canada, with additional provinces to follow.” “Starting with... Read more
As New Jersey approaches the two-year anniversary of its recreational cannabis market launch this April and adult-use revenue continues to rise, regulators recently announced a new incentive for residents to secure their medical cards. The New Jersey Cannabis Regulatory Commission (NJ-CRC) announced last week that signup and renewal for... Read more
A report from Westword pointed out that the Colorado Tourism Office (CTO) has recently begun to feature information regarding a few cannabis businesses on its website. Westword spoke with licensed cannabis party bus business owner, Sarah Woodson, confirming that the CTO contacted her last year about her The Cannabis... Read more
ScottsMiracle-Gro Reports First Quarter Results Early Season Lawn and Garden Performance In-line with Expectations Company Reaffirms Full-year Non-GAAP Adjusted Gross Margin Improvement of 250 bps and Full-year Non-GAAP Adjusted EBITDA of $575 million First Quarter GAAP Loss of $1.42 Per Share; Non-GAAP Loss of $1.45 Per Share MARYSVILLE, Ohio,... Read more
On Feb. 1, the official X account of The Drug Enforcement Administration (DEA) posted a photo of former President Richard Nixon and a caption meant to celebrate the legacy of the War on Drugs, but the comment section didn’t go as planned. Making things worse, the DEA posted it... Read more
A Humboldt County cannabis grower will pay at least $750,000 to settle a dispute with state water and wildlife agencies over alleged environmental violations at a 435-acre cultivation site in California’s famed Emerald Triangle. In the settlement agreement, licensed weed grower Joshua Sweet and his companies, The Hills LLC... Read more
The groups that form Germany’s coalition government struck a deal last week on cannabis legalization, setting the stage for the new law to take effect in the spring. Now, the proposal will be considered by the country’s parliament, with a vote expected later this month. Zeit, a German publication,... Read more
A group of gay bar owners and LGBTQ+ advocates recently released a joint statement regarding recent “visits,” which they describe as raids, conducted by the Washington State Liquor and Cannabis Control Board (LCB) at their businesses in the Capitol Hill neighborhood. The LCB told bar owners on Jan. 26... Read more
A pharmaceutical company unveiled an experimental new drug that is being touted as a less dangerous alternative to opioids. To date, few drugs have demonstrated enough power to manage higher levels of pain often associated with post-surgery recovery. WXYZ Detroit, an ABC affiliate, reports that Vertex Pharmaceuticals said Tuesday... Read more
