A competitor is emerging to challenge the marijuana retail chain dominating the industry, and it just closed a $640 million acquisition

iAnthus, a publicly-traded firm that operates marijuana dispensaries in a number of US states, acquired Toronto-based MPX Bioceutical in a $640 million stock transaction. The…

Read More A competitor is emerging to challenge the marijuana retail chain dominating the industry, and it just closed a $640 million acquisition

A drug derived from marijuana has triggered the first federal shift on cannabis in half a century, and experts predict an avalanche effect

The nation’s top drug regulator has officially changed how it regulates CBD, a marijuana compound that’s in a new epilepsy drug called Epidiolex. This is…

Read More A drug derived from marijuana has triggered the first federal shift on cannabis in half a century, and experts predict an avalanche effect

The marijuana industry is gripped by a deal frenzy, and PwC says some of the biggest players are guilty of moving in 'too many directions at once'

Excitement around Canada’s marijuana industry is high. AP Photo/Matilde Campodonico Major Canadian marijuana cultivators, or LPs, are on a dealmaking binge. All that excitement around…

Read More The marijuana industry is gripped by a deal frenzy, and PwC says some of the biggest players are guilty of moving in 'too many directions at once'