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Cannabis company Harvest Health & Recreation Inc. (HRVSF) and privately-held Verano Holdings, LLC said Thursday that they have agreed to mutually terminate their merger transaction, citing the "persistent challenges" in consummating the transaction as well as current market conditions. The companies...

MediPharm Labs Corp., a Canada-based provider of cannabis oil and concentrates, said it has completed its first shipment of bottled cannabis topicals under a contract manufacturing agreement. In addition, the company is accelerating its research and development program to bolster its presence in...

Curaleaf Holdings Inc. said it has received an 'Essential Services Designation' in key markets, allowing its medical dispensaries to remain open during the COVID-19 outbreak. The Massachusetts-based cannabis company added that it will hire across its retail, cultivation and processing facilities. In...

The U.S. Drug Enforcement Administration or DEA has released a new rule proposal that would enable more businesses or entities to obtain licenses to grow marijuana for scientific and medical research purposes. Currently, the University of Mississippi is the only entity licensed to produce marijuana for...

While California Governor Gavin Newsom recently issued a stay-at-home order for all residents in the state due to the COVID-19 outbreak, licensed cannabis business can remain open as they have been considered "essential businesses". "The supply chain must continue, and Californians must have access...

Washington State has allowed licensed cannabis retailers to remain open and provide "curbside service" amid the coronavirus outbreak. State regulators said that cannabis retailers may provide "curbside service" to customers and patients in order to promote social distancing, while drive-through windows...

San Francisco has reversed an earlier decision, allowing marijuana dispensaries to remain open alongside essential businesses during the city's shelter-in-place order amid the coronavirus pandemic. City officials had originally told cannabis stores to close on Tuesday as the city shut down most nonessential...

Canadian cannabis company Canopy Growth Corp. (CGC, WEED.TO) said Tuesday that it has decided to temporarily close all corporate-owned Tokyo Smoke and Tweed retail locations across Canada due to the COVID-19 outbreak. The company will move all its sales online. The decision affects all the 23 corporate-owned...

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