Industry News
$3M in Grants Awarded to CBD Research
Nine new research awards totaling approximately $3 million will investigate the potential pain-relieving properties in cannabis components such as CBD, particularly its role as an alternative for opioids. These awards are funded by the National... more »
Fyllo Raises $16 Million to Help Cannabis Brands Advertise
A Chicago-based startup has just raised $16 million in its first round of funding to help cannabis companies deliver industry-compliant ad campaigns. Founded this past April, Fyllo has created a marketing tech platform for the... more »
Cannabis-Related Job Postings on the Rise
According to Indeed.com. the number of cannabis-related jobs posted on its website have increased 600% since 2016. Indeed.com reports cannabis job postings on its site have risen from 231 per million in May 2016 to... more »
Report: U.S. MJ Sales May Triple to $30 Billion by 2023
Marijuana Business Daily recently published its 7th annual Marijuana Business Factbook, which details sale projections for the legal cannabis industry in the U.S. between 2018 and 2023. The report breaks down revenue projections into ranges;... more »
Rx Green Technologies CEO to Speak at MJBizCon Next
Wesley Matelich, chief executive officer of Rx Green Technologies, will join a panel discussion at MJBizCon Next in New Orleans. The discussion is titled: Make the Cut: Cultivation Strategies to Survive Oversupply. This informative conversation... more »
Seth Rogen and Evan Goldberg Launch Cannabis Brand
Actor Seth Rogen and screenwriter Evan Goldberg have teamed up with Ontario-based Canopy Growth Corp. to launch a new cannabis and hemp company called Houseplant that will supply the drug within Canada. "Houseplant is the... more »
Harvest Health & Recreation Acquires Verano Holdings
Arizona-based Harvest Health & Recreation has acquired Verano Holdings, a Chicago-based operator and grower of cannabis. At $850 million, this deal is the largest U.S. cannabis acquisition to date. It will give Harvest Health &... more »
Martha Stewart Partners with Cannabis Company
Martha Stewart announced that she is joining the cannabis craze and partnering with grower Canopy Growth Corp. to assist in developing new CBD-based products for both animals and humans. Stewart is expected to play an... more »