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Indica news
More layoffs at Aurora Cannabis following Great North deal
Alcanna Inc. is spinning-off its retail cannabis business and combining it with competing retailer YSS Corp. to create one of the largest networks of recreational marijuana stores in Canada, the companies announced Monday. The deal is the latest in a series of M&A...
More layoffs at Aurora Cannabis following Great North deal
Aurora Cannabis has laid off salespeople after tapping Great North Distributors to be its sales representative across the Canadian recreational marijuana retail environment. The company was unable to share the specific number of employees who will be displaced as a...
Virginia Senate Holds First Marijuana Legalization Hearing, With More Scheduled Next Week
A Virginia Senate committee held an initial hearing on Friday on a bill to legalize marijuana that was introduced with support from the governor just two days ago. The legislation’s quick consideration by the Senate Rehabilitation and Social Services Committee is an...
Biden Taps Marijuana Legalization Supporter To Lead Democratic National Committee
President-elect Joe Biden’s pick to lead the Democratic National Committee (DNC) is a strong backer of marijuana legalization—the latest example of a nominee holding cannabis policy reform views that go further than the incoming president’s. If confirmed by party...
Washington State Marijuana Homegrow Bill Draws Smooth Reception At Initial Hearing
A renewed effort in Washington State to allow adults to grow marijuana at home had its first hearing in Olympia last week, with a House committee considering a bill that would permit individuals to cultivate up to six cannabis plants for personal use. A committee vote...
French government to ask public opinion on recreational cannabis
The French parliament will launch an online questionnaire today to better understand public opinion towards recreational cannabis use. The questionnaire, which will have five or six questions, will be available on the Assemblée nationale website for around one month....
Indiana senator introduces bill that would legalize marijuana in the state
An Indiana senator introduced two new bills last week, which would legalize and regulate marijuana in the state. Senator Karen Tallian introduced SB 87 and 223 which would allow for the regulation and legalization of marijuana.SB 87 would establish a cannabis...
MMJ Group Holdings Ltd to broaden investment portfolio beyond cannabis sector
MMJ has expanded the mandate of its investment manager, Parallax Ventures, to include additional investments made under a new amended diversification agreement. the deal will broaden its existing investment mandate to include strategic investments in sectors outside...
Colorado’s Record-Breaking Marijuana Sales Top $2 Billion In 2020
Colorado’s total marijuana sales surpassed $2 billion in 2020, the highest amount since legalization, the state’s Department of Revenue (CDOR) said Tuesday. State dispensaries brought in $175,145,246 in November, a 17 percent increase from 2019. In return, the state...
U.S. Census Bureau Wants To Collect Marijuana Tax Revenue Data From States
The U.S. Census Bureau has announced that it plans to begin collecting data on marijuana tax revenue generated by state governments around the country. The federal agency tracks state tax data as part of quarterly reports it issues to provide benchmark financial...
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