A subsidiary of British cigarette maker British American Tobacco (BAT) and Atlantic Canada-based cannabis producer Organigram has signed a 220 million Canadian dollar ($175 million) strategic collaboration with a focus on research and product development, the...

British American Tobacco said on Thursday it will buy a nearly 20% stake in Canada-based cannabis producer Organigram for about 126 million pounds ($175.81 million) as it diversifies beyond its main tobacco business. Slideshow ( 2 images ) Organigram grows cannabis...

During the 2020 election, five states voted to legalize the recreational use of cannabis. Knowing that the Biden administration has expressed their support for decriminalization, in addition to the passing of the MORE Act in 2019, investors are starting to set their...

Curaleaf Holdings said Tuesday it signed a $286 million definitive agreement to acquire London-based medical marijuana company Emmac Life Sciences, giving the Massachusetts-based multistate operator a major foothold in the European cannabis market and a leg up on...

A high-stakes lawsuit that Canopy Growth and other Ontario, Canada, cannabis companies had hoped would disappear along with their ill-fated PharmHouse joint venture has been revived and refiled. The new lawsuit seeks 500 million Canadian dollars ($394 million) and is...

Harborside Inc. (“Harborside”), a California-focused, vertically integrated cannabis enterprise, today announced it has completed a $5 million strategic investment in LPF JV, LLC (“Loudpack”), through a 15%, secured convertible note due December 2022. Loudpack is the...