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Only 24.4% of businesses in the U.S. cannabis sector report they are profitable, according to a new report by Oregon-based cannabis data and research company Whitney Economics,...
A Republican-led Congressional committee approved amendments in a massive defense bill to fund research and a pilot program to study the effects of medical cannabis and psychedelics. The...
Marijuana distribution drivers in California and medical cannabis dispensary workers in Pennsylvania have voted to join unions, adding more momentum to the labor movement in the MJ industry. Drivers at...
Consumers in Canada spent 1.3% more on legal recreational cannabis in April compared to March, for total monthly sales worth 411.7 million Canadian dollars ($313 million). April was...
Colombia’s Senate failed to approve a legal framework to regulate recreational marijuana sales, making it the latest country to fall short in a bid to bring illegal cannabis...
Rhode Island is now allowing some advertisements by retail licensees who sell both medical and recreational marijuana. The legislation signed Monday by Gov. Dan McKee allows advertising only...
The Alabama Medical Cannabis Commission (AMCC) is delaying handing out its initial round of medical marijuana cultivation and retail licenses as it reviews the consistency of its evaluation...
Cannabis multistate operator Ascend Wellness is planning to raise $7 million in a private placement offering. According to terms of the equity financing, the New York-based MSO intends...
A central figure in New York’s botched adult-use marijuana rollout on Thursday resigned from the state Cannabis Control Board. Reuben McDaniel, president of the Dormitory Authority of the...
Canadian cannabis producer Hexo reported a total net loss before tax of 129.7 million Canadian dollars ($98 million) in the company’s third quarter, bringing accumulated losses since 2016...
