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Massachusetts Regulators Give Final Green Light to Cannabis Delivery
Massachusetts Regulators Give Final Green Light to Cannabis Delivery

Cannabis delivery is getting the official go-ahead in Massachusetts after regulators adopted revised regulations that will enable consumers across the Commonwealth to purchase adult-use marijuana without ever leaving their homes. During a virtual meeting on Monday, the Massachusetts Cannabis Control Commission voted 3-1 in favor of creating two classes of adult-use marijuana delivery licenses.

Subversive Capital to Acquire Caliva and Left Coast Ventures in Bid to 'Dominate' California Cannabis Industry
Subversive Capital to Acquire Caliva and Left Coast Ventures in Bid to 'Dominate' California Cannabis Industry

Subversive Capital — which last year raised $575 million through a special-purpose acquisition company (SPAC) and set out to purchase one or more cannabis ventures — announced Tuesday deals for two of California’s most prominent operators: Caliva and Left Coast Ventures.

Earnings Roundup: Curaleaf, Green Thumb, Cresco Labs and Others Report Impressive Revenue Growth
Earnings Roundup: Curaleaf, Green Thumb, Cresco Labs and Others Report Impressive Revenue Growth

Third quarter earnings are out and all of the major cannabis firms have reported their financial results. Key highlights and links to individual announcements from some of the top operators across the United States are below.

Survey: 87% of Canadians Now Aware of Cannabis Drinks
Survey: 87% of Canadians Now Aware of Cannabis Drinks

A new study commissioned by Truss Beverage Co., the joint venture between Molson Coors and Hexo, found that 87% of Canadian consumers are now familiar with cannabis beverages.

NCIA Tackles Environmental Sustainability in New Report
NCIA Tackles Environmental Sustainability in New Report

The National Cannabis Industry Association (NCIA) has released an in-depth report that explores environmental challenges facing marijuana businesses and offers ways to improve sustainability.

Massachusetts Cannabis Sales Top $1 Billion
Massachusetts Cannabis Sales Top $1 Billion

The Massachusetts Cannabis Control Commission, citing data from the state’s Metrc “seed-to-sale” tracking system, last week reported that 80 dispensary operators in the Bay State had combined to sell $1,000,521,905 worth of cannabis products since November 20, 2018.

Multistate Cannabis Firms Verano Holdings and AltMed to Merge
Multistate Cannabis Firms Verano Holdings and AltMed to Merge

Chicago-based cannabis firm Verano Holdings announced Wednesday plans to acquire Florida’s Alternative Medical Enterprises (AltMed) for an undisclosed sum. The merger of the two multistate operators (MSOs) will create one of the largest private cannabis companies in the U.S., a news release noted.

Aphria CEO Irwin Simon is Bullish on Cannabis Drinks
Aphria CEO Irwin Simon is Bullish on Cannabis Drinks

Aphria chairman and CEO Irwin Simon believes that beverages will become one of the biggest segments in the cannabis industry once adult-use marijuana is federally legalized in the U.S. In a conversation with THCnet, Simon explained his bullishness on the cannabis-infused drinks segment and shared why his company agreed to acquire Atlanta-based craft beer maker Sweetwater Brewing for $300 million.

Canadian Cannabis Firm Aphria to Acquire Sweetwater Brewing
Canadian Cannabis Firm Aphria to Acquire Sweetwater Brewing

Ontario, Canada-based cannabis firm Aphria Inc. will acquire Atlanta-headquartered craft beer company Sweetwater Brewing in a deal valued at $300 million. In a news release, Aphria said Sweetwater shareholders would receive $250 million in cash and roughly $50 million in stock.

GrowGeneration Adds 5 New Stores with Acquisition of The GrowBiz
GrowGeneration Adds 5 New Stores with Acquisition of The GrowBiz

Denver-based GrowGeneration continued its acquisition streak Monday, announcing plans to purchase The GrowBiz, the third-largest chain of hydroponic garden centers in the United States. Specific financial terms of the deal were not disclosed, but the acquisition will add $50 million in annual revenue to GrowGeneration’s books, according to a news release.

Gwyneth Paltrow, Casey Neistat and Other Celebs Invest in Cannabis Drinks Company Cann
Gwyneth Paltrow, Casey Neistat and Other Celebs Invest in Cannabis Drinks Company Cann

Los Angeles-based cannabis drinks company Cann today revealed that it has the backing of numerous well-known celebrities, including actress Gwyneth Paltrow and former NBA star Baron Davis, among many others. Rebel Wilson, Ruby Rose, Darren Criss, Tove Lo, Casey Neistat and Bre-Z also invested in the company.

Saucey and Emjay Merge to Form Leading ‘Vice Delivery’ Platform
Saucey and Emjay Merge to Form Leading ‘Vice Delivery’ Platform

Pacific Consolidated Holdings Group Inc. (PCH), a newly formed operating and holding company focused on cannabis and analogous vice industries, today announced a merger of Saucey, a leading alcohol delivery and logistics platform, and Emjay, a prominent California focused vertically-integrated cannabis delivery and retail platform.

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