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Aurora Cannabis strikes deal to sell cultivation facilities, document suggests

Aurora Cannabis strikes deal to sell cultivation facilities, document suggests

by kmyatt | Dec 18, 2020 | Dispensaries, Production

Canadian producer Aurora Cannabis has an agreement in principle to sell at least two cultivation facilities in Canada that were closed earlier this year. The two buildings – one in Saskatchewan and another in Alberta – are valued on paper at $9.4 million. It is...
A dozen retail cannabis licenses could be up for grabs in Arizona

A dozen retail cannabis licenses could be up for grabs in Arizona

by kmyatt | Dec 15, 2020 | Dispensaries, Sales and Operations

While most adult-use cannabis licenses in Arizona will go to the roughly 120 existing medical marijuana operators in the state, about a dozen will be available in underserved rural counties. That’s according to state regulators, who also said they are confident in...
Trials minorities face raising marijuana capital: Q&A with DC dispensary owner Linda Mercado Greene

Trials minorities face raising marijuana capital: Q&A with DC dispensary owner Linda Mercado Greene

by InfluencER | Dec 7, 2020 | Dispensaries

Linda Mercado Greene, co-founder, and CEO of Anacostia Organics was already a successful businesswoman and a veteran political strategist when she decided to enter the medical marijuana industry in Washington DC with two friends, Sherri Blount and Yolanda Caraway....
Los Angeles selects 200 social equity cannabis retail license finalists

Los Angeles selects 200 social equity cannabis retail license finalists

by InfluencER | Dec 4, 2020 | Dispensaries

A much-anticipated list of the 200 finalists in the contested fight for social equity retail licenses for marijuana was released by the City of Los Angeles. However, it is unclear why any of the 200 businesses may be able to open their doors to customers. Following a...
Aurora Cannabis reports quarterly loss amid restructuring push

Aurora Cannabis reports quarterly loss amid restructuring push

by InfluencER | Nov 10, 2020 | Dispensaries

Major Canadian marijuana producer Aurora Cannabis reported a slight quarterly revenue increase during its first fiscal quarter, despite an adjusted EBITDA loss of 57.9 million Canadian dollars ($44.7 million) as the company worked through its transition plan. Net...
D.C. Extends Access to Medical Cannabis For Virginia Patients

D.C. Extends Access to Medical Cannabis For Virginia Patients

by InfluencER | Oct 23, 2020 | Dispensaries

Washington D.C. has expanded its reciprocity laws for medical cannabis to 5 additional states, including Virginia. Now, Virginia medical cannabis patients will be able to purchase their medicine from dispensaries in Washington D.C. This is great news considering...
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  • Marijuana MSO Cresco inks $213M all-stock deal to expand into Florida
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