A federal judge threw out a Maine law that required all licensed cannabis company owners to be state residents, opening up both the medical and recreational markets to...
Canadian cannabis retail chain High Tide secured a credit facility worth 19 million Canadian dollars ($14.7 million) from Alberta credit union ConnectFirst. The nondilutive financing was originally going...
Michigan marijuana retailers hit a new benchmark of nearly $210 million in total sales for July, the best month yet for the program. According to the head of...
Multistate cannabis operator Ascend Wellness Holdings called off its tumultuous acquisition of MedMen Enterprises’ New York operation, citing concerns over the state of the company’s assets. Ascend CEO...
Florida-based seed-to-sale traceability company Metrc signed a contract to provide track-and-trace services to Alabama’s medical marijuana program. The deal marks Metrc’s 23nd state government contract and sixth so...
A proposed ballot measure to legalize recreational marijuana in Florida in 2024 has triggered harsh criticism from within the industry, signaling ongoing divides over how adult-use markets should...
Lawmakers in the small South American nation of Guyana passed an industrial hemp law that decriminalizes hemp cultivation and paves the way for a licensed industry....
A former executive of several marijuana businesses in California has been ousted and ordered by a judge to pay $2.4 million in fines for unlicensed cultivation. According to...
California-based cannabis advertising giant Weedmaps said it has laid off about 10% of its workers because of a widespread slowdown in the U.S. marijuana market. “Given...
Ancillary cannabis company Greenlane Holdings plans to sell its marijuana packaging division. Greenlane intends to invest proceeds from any sale “in the company’s consumer brands business,” the...