Justin Costello, a former CEO of Seattle-based GRN Funds, pleaded guilty on Wednesday to securities fraud after posing as a billionaire and war veteran to dupe investors into...
Illinois regulators are extending a filing deadline and offering additional support for the state’s next round of marijuana social equity retail license applicants. The Illinois Department of Financial...
Florida-based multistate operator Trulieve Cannabis contributed another $5 million late last year toward a 2024 ballot initiative that would legalize adult-use marijuana in the state. The company, which enjoys a commanding...
New York-based marijuana multistate operator Columbia Care is laying off 25% of its corporate headcount as part of a larger effort to slash costs, reduce cash burn and...
U.S. Virgin Islands Gov. Albert Bryan Jr. signed a comprehensive marijuana legalization bill into law this week, forming the legal foundation for the territory’s adult-use and medical cannabis...
Several cannabis companies have added marijuana seeds to their line of product offerings – even though the move, at first blush, might seem counterintuitive. Why, for...
Consumer sales of recreational cannabis products in November 2022 fell in almost every Canadian province and major city, according to newly released data by Statistics Canada....
Michigan’s record-breaking marijuana sales in December brought the state’s total for the year to $2.3 billion. That total is a 28% increase over the state’s sales...
Hexo Corp. has regained compliance with the Nasdaq’s minimum bid price, allowing the Canadian cannabis company to continue listing its shares on the U.S. stock exchange. Quebec-headquartered Hexo...
On his first full day in office, Maryland Gov. Wes Moore directed the state to spend $46.5 million to set up the recently legalized state’s adult-use cannabis marketplace....