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Track-and-trace platform Metrc increased its presence in Missouri to include oversight of that state’s newly launched adult-use marijuana market. Since its founding in 2013, Florida-based Metrc has won 23 contracts from governments to manage seed-to-sale accounting of legal cannabis products, according to a Tuesday news release. ADVERTISEMENT The company has had a presence in Missouri […]
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California-based cannabis multistate operator MedMen Enterprises is warning investors that it might not have enough money to “meet its obligations” for the next year and that there are questions about its ability to stay in business. MedMen’s latest quarterly filing with securities regulators noted that the company has only $15.6 million in reserves and a […]
The RCMP has announced the seizure of more than 17 kilograms of cannabis and 170 cartons of unstamped tobacco from a home in Athabasca, Alta. The town of Athabasca, home to around 3,000 people, is about 150 kilometres north of Edmonton. Last June, Alberta RCMP’s Roving Traffic Unit announced it had issued 177 fines and […]
Canadian marijuana company SNDL closed its purchase of five Superette cannabis stores in Ontario as part of a deal arranged through Superette’s proceedings under the country’s insolvency law. SNDL did not disclose the value of its acquisition of the stores in Ottawa and Toronto. ADVERTISEMENT Calgary, Alberta-based SNDL had put in a stalking-horse bid on […]
Canadian marijuana company SNDL closed its purchase of five Superette cannabis stores in Ontario as part of a deal arranged through Superette’s proceedings under the country’s insolvency law. SNDL did not disclose the value of its acquisition of the stores in Ottawa and Toronto. ADVERTISEMENT Calgary, Alberta-based SNDL had put in a stalking-horse bid on […]
Medical cannabis dispensaries in Missouri sold more than $12.6 million worth of marijuana products during the opening weekend of adult-use sales, according to the state’s industry trade association. On Feb. 3, the first day that MMJ dispensaries in the state were allowed to sell recreational products, the outlets sold $5 million worth of marijuana, according […]