MedMen’s $682 Million Acquisition of PharmaCann Terminated
MedMen’s $682 Million Acquisition of PharmaCann Terminated

A blockbuster merger between two leading multi-state cannabis companies has been called off nearly one year after it was first announced. California-based MedMen Enterprises, which is licensed to operate 70 retail stores and currently has a presence in nine states, announced the termination of its combination with Chicago’s PharmaCann LLC on Tuesday.

Sproutly Canada Prepares to Launch Infused Beverages
Sproutly Canada Prepares to Launch Infused Beverages

Sproutly Canada is gearing up for the planned release of its cannabis-infused beverages, the company shared Tuesday. In a press release, Sproutly – which earlier this year formed a joint venture with Canada’s oldest and largest independent beermaker, Moosehead – said its “Infuzz20” process will give drinkers a 90-minute buzz in less than five minutes.

Leafly Introduces Online Education Platform for Budtenders
Leafly Introduces Online Education Platform for Budtenders

Cannabis resource Leafly has launched a new program aimed at educating so-called budtenders on the science of cannabis. Called Leafly Learn, the new online education platform gives dispensary workers the “tools to really understand the science and art around budtending.”

Square Opens Platform to CBD Sellers
Square Opens Platform to CBD Sellers

Popular payments firm Square, Inc. has opened up its platform to U.S. companies making CBD products, the San Francisco-based company announced Thursday. The launch builds on a beta test of the service that was offered to select companies in May.

Leafly's New Cannabis Guide Helps Consumers Select Strains
Leafly's New Cannabis Guide Helps Consumers Select Strains

In an effort to help marijuana consumers navigate a dizzying array of strains sold at dispensaries, cannabis information resource Leafly has introduced a “new visual language” that aids users selecting their desired high. According to Leafly, its new "Cannabis Guide" goes “beyond indica, sativa and hybrid” descriptors to help cannabis customers “choose cannabis with more confidence.”

Lighthouse Strategies Lanches Cannabis-Infused Sparkling Water Line
Lighthouse Strategies Lanches Cannabis-Infused Sparkling Water Line

Lighthouse Strategies -- the company behind Cannabiniers and the Two Roots line of CBD- and THC-infused non-alcoholic craft beers -- is adding sparkling water to its growing portfolio of beverages targeted at cannabis consumers. The company today announced the launch of Creative Waters, which Cannabiniers described as “fast-acting, micro-dosed sparkling waters,” that were “created to help you fee

US House of Representatives Passes SAFE Banking Act
US House of Representatives Passes SAFE Banking Act

In a historic display of bipartisanship, Democrats and Republicans in the U.S. House of Representatives came together on Wednesday to pass the Secure and Fair Enforcement (SAFE) Banking Act of 2019 by a vote of 321-103.