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More Cookies investors have sued the cannabis industry darling, claiming the prominent California-based marijuana brand mismanaged their $15.5 million through “multimillion dollar kickbacks and other self-dealing”...
A lawsuit filed in Illinois by Chicago-based marijuana multistate operator Cresco Labs alleges rival Green Thumb Industries (GTI) stole one of its high-level employees. Chicago-based GTI said it...
Canada’s regulated recreational marijuana retailers sold 415.6 million Canadian dollars ($314.7 million) worth of cannabis in May, a 1.2% increase over April, with the province of Quebec...
Citing an oversupplied market, marijuana multistate operator Curaleaf Holdings is laying off 49 workers at its production facility in Winslow, New Jersey. The Winslow facility still employs 150...
For cannabis retailers, it’s no secret: Customers like buying weed close to home, if they can. New research into Canada’s regulated cannabis market supports that intuition: Consumer...
A new Canadian government initiative will see federal cannabis regulator Health Canada randomly buy and test legal cannabis products – as well as illegal marijuana sourced from law...
Recreational marijuana could become available in North Carolina, but only from the Eastern Band of Cherokee Indians. Members of the federally recognized native tribe, based on a...
Canadian cannabis producer Canopy Growth plans to seek approval to consolidate its shares after the Smiths Falls-based company was notified by the Nasdaq that it does not meet...
Canadian cannabis company Aleafia Health and U.S. multistate cannabis operator Red White & Bloom Brands have called off a proposed merger announced in June. The scrapped merger would have...
Cannabis entrepreneurs are increasingly turning to smaller micro-cultivation facilities to manage costs and produce higher-quality marijuana at a time when the industry is facing a glut...
