A federal judge has dismissed a patent infringement lawsuit accusing marijuana company Trulieve of improperly using patented technology to manufacture cannabis distillate. U.S. District Judge …
Category: Cannabis Business
Cannabis business news covering company earnings, acquisitions, store openings, market trends, investments and major industry developments.
Federal Prosecutors Charge Cannabis Payment Company Founder With $8.8 Million Investor Fraud, Rhode Island Fee Scheme
Federal prosecutors have charged the founder of a marijuana industry payment-processing company with securities fraud and wire fraud, accusing him of defrauding dozens of investors …
Trulieve Secures Exclusive Rights to Alien Labs and Connected Marijuana Brands in Florida and Texas
Trulieve Cannabis Corp. has entered into a perpetual, royalty-free licensing agreement giving the company exclusive rights to produce and sell Alien Labs and Connected marijuana …
High Tide Named One of Canada’s Top Growing Companies for Sixth Straight Year After 66% Revenue Growth
High Tide Inc. has been named to the Report on Business ranking of Canada’s Top Growing Companies for the sixth consecutive year, following a 66% …
Aurora Cannabis Asks Alberta Securities Commission to Force Curaleaf to Correct Alleged Deficiencies in Hostile Bid
Aurora Cannabis has filed an application with the Alberta Securities Commission seeking an order requiring Curaleaf Holdings to address what Aurora says are multiple securities-law …
Medical Marijuana Company IM Cannabis Signs Deal to Acquire 51% of Tactical Drone Company
Medical marijuana company IM Cannabis Corp. has signed a nonbinding agreement to acquire a controlling stake in a Polish company involved in distributing and potentially …
Canopy Growth Expands Medical Marijuana Business Into UK With Four Canadian-Grown Strains
Canopy Growth announced Tuesday that it is expanding its European medical marijuana business into the United Kingdom, with four Canadian-grown flower strains set to be …
Trulieve Added to S&P Total Market and Completion Indices Following NYSE Listing
Trulieve Cannabis Corp. has been added to two broad S&P equity indices, giving the marijuana company greater exposure to investors and investment funds that track …
Green Thumb Industries Authorizes $50 Million Share Buyback Program
Green Thumb Industries has authorized the continuation of its share repurchase program for another 12 months, making up to $50 million available for additional stock …
Missouri Recalls Infused Marijuana Pre-Rolls After Aspergillus Test Failure
Missouri marijuana regulators have issued a recall for a batch of infused pre-rolls after testing detected Aspergillus, a type of mold that can pose health …
