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The AdvisorShares Poseidon Dynamic Cannabis Exchange Traded Fund (ETF), which is managed by the Paxhia sibling founders of California-based cannabis hedge fund Poseidon Investment Management, is shutting...
A federal court challenge to Arkansas’ ban on products containing hemp-derived, intoxicating cannabinoids such as delta-8 THC should be dismissed in part because state law supersedes federal...
Michigan adult-use and medical marijuana retailers generated more than $276 million in sales in July, a monthly record, according to the latest statistics from the Cannabis Regulatory Agency. The July...
The U.S. Farm Bill that legalized commercial hemp production in 2018 is set to expire at the end of September. As members of Congress craft replacement...
California-based WM Technology, which does business as cannabis advertising platform Weedmaps, reported a profit for its most recent quarter, signaling a potential turnaround for the technology company. WM...
For the second time this summer, Alabama regulators issued a batch of licenses meant to launch the state’s medical marijuana industry. However, ongoing litigation means it’s still doubtful whether the...
New York won’t issue any more adult-use cannabis retail licenses for at least another two weeks as the latest legal challenge to the state’s tortuous marijuana...
A significant jump in plant-propagation sales and medical marijuana exports helped Canadian licensed producer Aurora Cannabis narrow its loss in the first quarter of fiscal year...
Virginia authorities are cracking down on stores selling unauthorized hemp-derived products under a new law and handing out significant fines in the enforcement push. The Virginia...
Two out-of-state investors are suing to overturn a Montana law that requires owners of marijuana businesses to be residents. The suit is the latest in a string of...
