Marijuana Business Daily

Marijuana firm MariMed invests $30M in hemp-derived CBD producer

Massachusetts-based MariMed, a multi-state cannabis operator, is entering the hemp-derived CBD business with a $30 million investment in a Kentucky company. The company, GenCanna, has contract farmers to grow hemp to its specifications as well processing facilities to turn the plant into CBD extracts, concentrates, isolates and other products. GenCanna […]

Aurora ‘expects sufficient supply’ of marijuana to meet adult-use demand

Aurora Cannabis expects to have sufficient supply next year to meet demand in Canada’s shortage-ridden recreational marijuana market, according to a regulatory filing the Alberta company released Monday alongside its quarterly results. Aurora – one of Canada’s largest licensed producers of companies – reported revenue of 29 million Canadian dollars […]

Oklahoma discloses medical marijuana licensee info, raises ‘security issues’ for MMJ firms

Some in Oklahoma’s medical cannabis industry are worried about the public disclosure of  licensed locations after a cannabis grower’s property was ransacked. Chip Paul, chairman of Oklahomans for Health, the group that spearheaded the voter-approved medical marijuana initiative that passed in June, told The Norman Transcript that the state’s online […]