MMJdaily Newsletter | Wednesday, May 31, 2023

Paul Steckler, Canopy Growth:

"The cannabis industry has lost its focus on purpose"

"With cannabis, we're at the forefront of a new medicine that could benefit many patients around the world. Unfortunately, the industry has lost its…

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US: Minnesota becomes 23rd state to legalize recreational cannabis

Democratic Gov. Tim Walz of Minnesota signed a bill into law on Tuesday legalizing recreational cannabis use in the state. With Walz’s signature,…

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US (MI): More cannabis companies expected to come under receivership control

Michigan cannabis companies have faced a challenging environment in the past year, with the price of cannabis flower rapidly declining, causing margins…

Switzerland: "We found ourselves in a trap when moving from a small scale production to a bigger one"

A new indoor farm is just about to release its first 600 m2 of growing area for plants. On the two-level racks, seedlings with high CBD potency will be…

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£7m credit facility secured by MMJ developer

A pharmaceutical firm focused on the research, cultivation, manufacturing, and sale of breakthrough cannabis-based medicines has entered into a £7m…

Clever Leaves

International supply agreement for medical cannabis extracts in the Czech Republic and Switzerland

Clever Leaves announced the arrival of the company's first shipment of medical cannabis extracts from Colombia to Switzerland-based partner, Astrasana.…

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US (NY): MMJ sellers suffer as adult-use market grows

Everyone in New York’s medical cannabis industry knew things were going to change rapidly after the state legalized adult recreational use of cannabis…

Canopy Growth to acquire 20% interest in Indiva

Canopy Growth has entered into an agreement providing the company the exclusive rights and interests to manufacture, distribute, and sell Wana branded products…

CAN: Delta cannabis grower responds to proposed rule changes

It’s a good start, but more is needed to help the viability of the legal cannabis industry in Canada. That’s the reaction from Pure Sunfarms, a…

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US (MA): Mayor Wu of Boston announce cannabis empowerment series

Mayor Michelle Wu announced today that the City of Boston, in collaboration with Rooted In, will offer a weeklong series of free educational sessions…

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US (CO): Cannabis breeder names strains after Denver Nuggets stars

With a wife, son, and multiple cannabis businesses to operate, longtime Denver sports fan Jason MacLean has had to keep his priorities straight during…

Women’s Pavilion at CWCBExpo New York expands with emerging cannabis entrepreneurs

The East Coast cannabis trade show and conference, CWCBExpo, announces a larger footprint for its Women’s Pavilion and Growers’ Field, a new specialty…