Deep Roots Harvest has acquired fellow Nevada marijuana operator The Source in a deal that includes a portfolio of retail, distribution and cultivation assets in the state.
Margaret Jackson
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Kentucky medical cannabis dispensary licenses to be decided in 2 lotteries
The fate of Kentucky applicants seeking medical cannabis dispensary licenses will be decided starting in late November.
Virginia chooses Metrc to run state’s medical cannabis seed-to-sale tracking
Metrc will run the new seed-to-sale tracking program for Virginia’s medical cannabis market.
Massachusetts cannabis commission chooses new executive director
The Massachusetts Cannabis Controlled Commission (CCC) has selected a former employee as its new executive director.
Kentucky awards 26 medical marijuana business licenses in lottery
Kentucky regulators have awarded 26 medical marijuana licenses for cultivators and processors seeking to operate in the state’s impending industry.
Marijuana operator Green Dragon to cease operations by year-end
Marijuana operator Green Dragon plans to close 17 retail locations in Colorado as well as 39 dispensaries and a grow site in Florida.
Funding shortage for LED rebates leaves cannabis lighting vendors on hook
A rebate program that encouraged indoor growers to switch to LED lights proved so popular that Xcel Energy ran out of money to pay for it.
CPAs offer 280E guidance to Treasury, IRS ahead of marijuana rescheduling
In a letter to the U.S. Department of Treasury and the IRS, the American Institute of CPAs is trying to provide guidance aimed at cannabis businesses and tax professionals ahead of potential marijuana rescheduling.
Delaware awards first adult-use permits for marijuana cultivation, manufacturing
Delaware on Thursday awarded the state’s first adult-use marijuana licenses to cultivators and manufacturers via a lottery.
Chicago Atlantic closes on $50 million loan to fund new marijuana investments
Specialty marijuana finance company Chicago Atlantic Real Estate Finance closed on a $50 million loan to fund future investments and other corporate purposes.
Oregon outdoor cannabis cultivators call 2024 harvest ‘a huge improvement’
Oregon’s sun-grown cannabis cultivators are experiencing one of the best harvests they’ve had in recent memory.
Minnesota recreational marijuana market on target for 2025 launch, regulator says
Minnesota’s recreational marijuana market is on track to launch in 2025, even as some potential businesses say they’re concerned that the process is taking too long.
