Cannabusiness

Getting into the legal cannabis industry can be an expensive endeavor. The best growth opportunities are the ones that companies can defend even during periods of extreme market change.

Earlier this week, Canadian marijuana producer Canopy Growth signed a $3.4 billion deal to take over medical marijuana firm Acreage Holdings as soon as the federal government ends prohibition.

With April 20 falling on a Saturday and new consumers continually entering the legal market, this year’s holiday will be the biggest sales day for retailers in 420 history.

Think Big, founded by Biggie Smalls' son, will release cannabis products like pre-roll joints, gummies, vapes, apparel, and more, and will focus on marijuana’s ability to inspire "creativity, contemplation, and healing."

A recent study from the folks at Clever Real Estate finds that property values in legal pot states are worth $6,000 more than in places where possession of the herb means living in a jail cell.

The three deals include the MedMen Enterprises Inc. (MMNFF) acquisition of Pharmacann, The Green Thumbs Industries (GTI) acquisition of Fiorello Pharmaceuticals and the Cresco Labs Inc.(CRLBF) deal with Valley Agriceuticals.

If the US moves closer to full legalization of recreational use (currently only in 12 states), the market could explode even more.

While far from the most devastating consequences of Brexit, Amsterdam officials have announced that British nationals will be banned from the city’s infamous cannabis coffee shops when Britain leaves the European Union.

High taxes and restrictions on dispensaries are creating a situation where companies like MedMen are losing money, though the company's also stabbed itself in the foot as of late.

As an industry under the microscope, cannabis is revealing some interesting trends when it comes to those who work in the sector, one of...