Blog

Nov 21
Marijuana software company Distru secures $6 million funding

Marijuana software company Distru raised $6 million in a Series A funding round led by Poseidon Investment Management. Marijuana software company Distru secures $6 million funding is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Nov 21
Decibel revenue fell on Canadian competition as it looks toward exports

The firm is moving away from retail as it focuses on exporting cannabis internationally. The post Decibel revenue fell on Canadian competition as it looks toward exports appeared first on Green Market Report.

Nov 21
Simply Solventless third-quarter revenue jumps with CannMart acquisition

The company said next quarter will include results from its acquisition of ANC Inc. The post Simply Solventless third-quarter revenue jumps with CannMart acquisition appeared first on Green Market Report.

Nov 21
Agrify gets $26M lifeline as GTI’s Kovler eyes extraction, hemp biz

Kovler has previously cited the GTI’s interest in Agrify’s extraction division. The post Agrify gets $26M lifeline as GTI’s Kovler eyes extraction, hemp biz appeared first on Green Market Report.

Nov 21
Ohio drives revenue increase at Vext Science

Strength in the Ohio market has helped the company weather declines in Arizona. The post Ohio drives revenue increase at Vext Science appeared first on Green Market Report.

Nov 21
Media Report: Germany’s Medical Cannabis Imports Grow 70% in Q3 as Market Explosion Continues

Germany’s Federal Institute for Drugs and Medical Devices (BfArM) has published the medical cannabis import figures for Q3, showing that the country’s medical cannabis market is still growing rapidly. Since April 01, 2024, and the implementation of CanG and MedCanG, cannabis has no longer been considered a ‘narcotic’ substance in Germany, making the process of both […]

Nov 21
Beer Industry Group Pushes Tighter Regulations For Cannabis Products—And Higher Taxes Than Are Levied On Alcohol

Sounds like somebody feels a bit threatened! Marijuana Moment A leading beer industry trade group has put out a statement of guiding principles to address what it calls “the proliferation of largely unregulated intoxicating hemp and cannabis products,” warning of risks to consumers and communities resulting from THC consumption. Among other recommendations, the Beer Institute […]

Nov 21
Minnesota Office of Cannabis Management Issues Rejections to Majority of Social Equity Applicants

By Hilary Bricken & Jeffrey O’Brien on November 20, 2024 The Minnesota Office of Cannabis Management (“OCM”) has begun issuing final denials to the overwhelming majority of previously qualified social equity applicants (“SEA”s) ahead of its first statewide cannabis lottery on December 2 for 280 available “preapproval” cannabis licenses. Flag of Minnesota in Marijuana leaf shape. The concept of legalization […]

Nov 21
Luxembourg to Restrict Access to Medical Cannabis Flower on Prescription

Cannabis Health Report High-THC cannabis flower will no longer be available on prescription from next year. Luxembourg is set to restrict access to high-THC cannabis flower on prescription from next year, as part of longer term plans to phase out flower-based products altogether. As of January 2025, patients in Luxembourg will no longer be able […]

Nov 21
Avextra Portugal Unveils Advanced Breeding Program to Develop Proprietary THC and CBD Cultivars, Establishing a Key IP Pillar

Avextra Portugal launches an innovative in-house breeding program to develop proprietary cannabis varieties with specific, consistent and reproducible cannabinoid and terpene profiles. Over a two-year period, a total of 5,000 seeds will be used for a comprehensive phenohunt of the Avextra cultivar. So far, 600 seeds have been utilised in the process. Led by industry […]