The Business of Cannabis

Curaleaf Announces Hostile Takeover Bid For Aurora Cannabis

Marijuana’s effect on most humans is to make them more mellow and content. So it felt a little out of character when U.S. cannabis company Curaleaf (OTC:CURLF) launched a hostile takeover bid for its Canadian peer, Aurora Cannabis (NASDAQ:ACB) on Tuesday. Curaleaf’s...

Energy Costs Are Reshaping Cannabis Economics

Some cannabis growers built on the assumption that power would stay cheap. That bet has gone bad. Electricity rates are up 15% to 25% over the past two years with no ceiling in sight through 2030, according to Jim Kordoban, founder and CEO of On Point Power, a...