Bluma Wellness, which operates as One Plant in Florida's fast-growing medical marijuana market, started trading on the Canadian Securities Exchange on Monday under the ticker symbol BWEL. Fort Lauderdale-based Bluma is the result of a reverse takeover transaction with...
Protests across the United States over the treatment of black Americans have prompted calls for companies to address racial inequities and increase diversity. The cannabis industry has a long way to go, as evidenced by a recent study of Denver's marijuana market. But...
Multistate marijuana operator iAnthus said it expects to default on interest payments due June 30 and likely will delay its quarterly earnings past an extended June 15 deadline - a move that could result in a stock trading suspension. The New York-based company, which...
High Times Holding Corp.'s agreement to buy planned and operating California dispensaries from multistate operator Harvest Health & Recreation has been cut to 10 from the 13 announced in late April. The Los Angeles-based owner of High...
A lawsuit challenging Missouri’s medical cannabis licensing caps and scoring process can move forward toward a potential trial, a judge ruled. A county circuit judge rejected the state Department of Health and Senior Services motion to dismiss the suit filed by four...
Dank of Oklahoma, a medical marijuana dispensary in Tulsa, resolved a trademark suit by agreeing to drop its name, hexagonal logo and other marks likely to cause confusion with those used by the Bank of Oklahoma. According to a federal judge's consent judgment...
Class action lawsuits against cannabis companies are rising, driven by industry growth, stock price volatility, regulatory uncertainties and preventable mistakes by the companies themselves. The trend shows little sign of abating in the short term, but marijuana...
Marijuana multistate operator Acreage Holdings relinquished its medical cannabis manufacturing license in Iowa, two months after halting operations at the facility.
The parent company of High Times magazine signed a deal to license its iconic brand and High Times-branded products at 18 operational and planned cannabis dispensaries in Michigan, with additional rights in Illinois and Florida. High Times Holdings on Tuesday touted...
The United States is officially in a recession and, in fact, has been for several months, but the jury is still out to what extent marijuana and ancillary businesses truly are recession-proof. The National Bureau of Economic Research on Monday...
A Missouri lobbyist reportedly under state and federal scrutiny had direct contact with state medical marijuana officials as they were developing the program’s regulations and taking business license applications, a newspaper reported.
A Florida partnership has sued multistate marijuana operator Columbia Care for allegedly conspiring to fraudulently strip its rights to a medical cannabis license worth tens of millions of dollars. Florida MCBD filed the lawsuit against New York-based Columbia Care in...
