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Capital for access: The developing two-way marijuana road between California and Canada

It’s no secret that the number of business relationships between American and Canadian cannabis interests has skyrocketed since federal legalization went into effect north of the U.S. border. From a high-level perspective, it’s a simple trade: money for market access. That’s particularly true in California, which has no in-state residency requirement for cannabis companies and […]

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West Virginia’s medical cannabis delays test patience of marijuana business owners

A likely yearslong delay in the launch of West Virginia’s medical marijuana program reflects the uncertainties cannabis entrepreneurs face when vying to enter certain conservative states. State officials blame the holdup on a struggle to provide banking services for the program. But the advocacy group Marijuana Policy Project recently noted that a leading federal prosecutor […]

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Week in Review: CannTrust considers its options, Cresco rebrands, Harvest’s cannabis regulatory tumult & more

Troubled CannTrust hires an adviser to explore a possible sale,?Cresco rebrands its dispensaries, Harvest Health & Recreation hits some regulatory snags in Pennsylvania and Ohio –?and more of the week’s top marijuana business news. Amid turbulence, CannTrust seeks ‘strategic alternatives’ To cap off a rough-and-tumble month for Canadian marijuana producer CannTrust Holdings, the company’s board […]

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California’s enforcement efforts against illicit marijuana market having a so-so impact for legal businesses

Raids, arrests, seizures and fines have caught the attention of the California cannabis industry in recent months, as the state’s legal marijuana market continues to grapple with financial challenges caused by business lost to the state’s enormous number of illicit MJ companies. How big a hit to the bottom line are licensed marijuana firms taking […]

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Deal Watch: Hemp, infused products and devices see notable gains in M&A activity

While overall merger and acquisition investment in the North American cannabis industry has been far outpacing that of 2018, several sectors have posted notable increases so far this year.

Three sectors – hemp, infused products and extracts, and consumption devices – have seen M&A activity values at $1.42 billion this year.

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Antitrust issues weigh on US cannabis stocks, but is it enough to unravel deals?

The U.S. cannabis industry has seen billions of dollars of acquisitions in recent months, attracting scrutiny from federal trustbusters examining whether planned purchases could quash competition in the emerging marijuana industry. The U.S. Department of Justice’s review of the deals – including those involving Chicago-based Cresco Labs (CSE:?CL;?OTC: CRLBF)?and Arizona-based Harvest Health & Recreation (CSE:?HARV;?OTC: […]

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