UK-based CBD brand Naturecan acquires Oregon production facility

United Kingdom-based CBD and wellness brand Naturecan acquired the IAH Oregon cannabidiol production facility in the U.S. for 8 million pounds (roughly $10 million). Naturecan did not specify how it would satisfy the price of the acquisition. ADVERTISEMENT IAH Oregon, headquartered in Medford, previously produced the CBD used in Naturecan products, according to a news […]

Cannabis producer Tilray makes US list of largest craft brewers

Cannabis and alcohol company Tilray Brands has made a widely followed list of the largest craft brewers in the United States, an apparent first for the nation’s multibillion-dollar craft brewing industry. Tilray’s beer division ranked No. 9 on the Brewers Association’s annual report of the nation’s top craft companies based on beer sales volume in […]

Cannabis producer Tilray makes US list of largest craft brewers

Cannabis and alcohol company Tilray Brands has made a widely followed list of the largest craft brewers in the United States, an apparent first for the nation’s multibillion-dollar craft brewing industry. Tilray’s beer division ranked No. 9 on the Brewers Association’s annual report of the nation’s top craft companies based on beer sales volume in […]

Louisiana lawmakers kill adult-use marijuana legalization efforts

Lawmakers in Louisiana’s Republican-led House quashed an effort to legalize marijuana possession for those 21 and older and establish an adult-use retail market. According to the Lafayette Daily Advertiser, the House Criminal Justice Committee voted 9-4 to oppose House Bill 24 introduced by Democratic Rep. Candace Newell. ADVERTISEMENT The bill was opposed by Louisiana sheriffs, […]

Louisiana lawmakers kill adult-use marijuana legalization efforts

Lawmakers in Louisiana’s Republican-led House quashed an effort to legalize marijuana possession for those 21 and older and establish an adult-use retail market. According to the Lafayette Daily Advertiser, the House Criminal Justice Committee voted 9-4 to oppose House Bill 24 introduced by Democratic Rep. Candace Newell. ADVERTISEMENT The bill was opposed by Louisiana sheriffs, […]

Schwazze expands New Mexico cannabis footprint through $38 million acquisition

Colorado-based cannabis multistate operator Schwazze is deepening its presence in New Mexico with the planned acquisition of certain assets belonging to Sucellus. The acquisition of not-for-profit Everest Apothecary is valued at approximately $38 million, according to a news release. ADVERTISEMENT The transaction involves 14 dispensaries, a cultivation facility and a manufacturing plant. Schwazze will pay […]

Schwazze expands New Mexico cannabis footprint through $38 million acquisition

Colorado-based cannabis multistate operator Schwazze is deepening its presence in New Mexico with the planned acquisition of certain assets belonging to Sucellus. The acquisition of not-for-profit Everest Apothecary is valued at approximately $38 million, according to a news release. ADVERTISEMENT The transaction involves 14 dispensaries, a cultivation facility and a manufacturing plant. Schwazze will pay […]

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