A New York-based company’s claim that it should have won one of the state’s five initial medical marijuana licenses has taken a big step forward. An...
Canadian cannabis and alcohol company Tilray Brands posted a $457.8 million net loss for its fourth quarter and a $434 million net loss for its 2022 fiscal year....
The U.S. Senate on Tuesday held a committee hearing on marijuana legalization for the first time in the chamber’s history but took no action. The hearing – held...
Several cities in Minnesota imposed moratoriums on cannabis edibles, and others are considering bans, in the wake of a first-of-its kind law allowing adult-use THC sales in outlets...
Choice Consolidation Corp. is winding up its business and backing away from any marijuana industry acquisitions, the industry special purpose acquisition corporation (SPAC) announced. The Chicago-based company raised $150...
The U.S. island territory of Guam will kick off its adult-use cannabis licensing process at the end of next month, making applications available for marijuana entrepreneurs who must...
The U.S. House of Representatives passed a revised bipartisan bill that would make it easier for researchers to study marijuana. The bill passed Tuesday by a...
Canadian marijuana retail chain Nova Cannabis announced an at-the-market share offering to issue as much as 20 million Canadian dollars ($15.5 million) worth of shares over time. The...
Four medical marijuana companies in Arkansas are in the crosshairs of a federal civil lawsuit alleging that they conspired to defraud MMJ patients by illegally lying...
The wholesale price of cannabis flower in Colorado dropped to an all-time low, reflecting a market saturated with supply and squeezing cultivator margins. The price per pound...