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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.

Election 2020: Cannabis Legalization Measures Pass in 5 States with $3 Billion Up for Grabs
Election 2020: Cannabis Legalization Measures Pass in 5 States with $3 Billion Up for Grabs

It was a clean sweep for cannabis on Tuesday, as voters in five states approved marijuana legalization initiatives in a resounding win for marijuana industry stakeholders. Cannabis-related ballot measures in Arizona, Mississippi, Montana, New Jersey and South Dakota overwhelmingly passed. Americans now have access to medical marijuana in 35 states and adult-use cannabis in 15 states.

Joe Caltabiano on Life After Cresco, Federal Legalization and Election Day
Joe Caltabiano on Life After Cresco, Federal Legalization and Election Day

In a wide-ranging discussion with THCnet, Cresco Labs co-founder Joe Caltabiano discusses his departure from the Chicago-based cannabis firm, how he expects the industry to develop in the coming years, and why federal legalization might not come as soon as some hope.

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.

State of the Cannabis Industry to be Discussed at Burns & Levinson’s Virtual Conference on October 29
State of the Cannabis Industry to be Discussed at Burns & Levinson’s Virtual Conference on October 29

Marijuana industry stakeholders will join attorneys from Burns and Levinson’s cannabis practice on October 29 for a half day conference on the state of the industry. Hosted virtually due to the ongoing COVID-19 pandemic, Burns and Levinson’s fourth annual event will feature panel discussions and presentations with several prominent cannabis industry figures.

Election 2020: Cannabis on the Ballot in 5 States
Election 2020: Cannabis on the Ballot in 5 States

Voters in four states will decide whether to legalize adult-use cannabis this election season, while individuals in a fifth state – Mississippi – will be given the opportunity to legalize the use of medical marijuana.

Adult-Use Cannabis Sales in Colorado Top $1.1 Billion Through August
Adult-Use Cannabis Sales in Colorado Top $1.1 Billion Through August

Adult-use dispensaries in Colorado sold more than $1.1 billion worth of cannabis products through the first eight months of the year but sales dipped slightly in August, recent data shows. According to the Department of Revenue’s Marijuana Enforcement Division (MED), recreational marijuana sales in The Centennial State eclipsed $176.5 million in August, down from $183 million in July.

Cannabis Startup OFFFIELD Aims to Make Exercise More Enjoyable
Cannabis Startup OFFFIELD Aims to Make Exercise More Enjoyable

Is there a market for “functional cannabis” and can a brand convince you to get moving? The entrepreneurs behind OFFFIELD, a Los Angeles-based startup, are betting on it.

With Biosteel Distribution Deal, Canopy Growth Bets Beer Wholesalers Will Eventually Move Cannabis Drinks
With Biosteel Distribution Deal, Canopy Growth Bets Beer Wholesalers Will Eventually Move Cannabis Drinks

Will U.S. beer distributors eventually be the ones bringing cannabis-infused drinks to market? That’s what Canopy Growth Corporation, one of the largest cannabis firms in the world, is betting on.

GrowGeneration Enters Arizona, Acquires Phoenix's Hydroponics Depot
GrowGeneration Enters Arizona, Acquires Phoenix's Hydroponics Depot

Denver-based GrowGeneration (NASDAQ: GRWG) announced Monday the acquisition of Phoenix’s largest indoor and outdoor garden center, Hydroponics Depot, for an undisclosed sum. The purchase adds to GrowGen’s expanding national footprint of Hydroponic gardening stores, which now includes 29 locations across 11 states.

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