A much-hyped letter from California cannabis regulators to the state’s attorney general raises an intriguing question: Is the Golden State teeing up interstate trade in marijuana?
Akerna Corp., the parent company of pioneering cannabis technology company MJ Freeway, said Friday it’s exiting the marijuana industry based on headwinds much of the market is facing.
Marijuana multistate operator Curaleaf Holdings said Thursday that it will shutter the majority of its operations in three Western U.S. states – California, Colorado and Oregon – and reduce its workforce by 10%, another sign of ongoing difficulties for the cannabis market as a whole.
California marijuana cultivation capacity is down significantly from early 2022, with some growers choosing not to plant or renew their licenses because of low wholesale prices and tough economic conditions.
Nevada regulators voted unanimously to suspend the license of Las Vegas cannabis cultivator Helping Hands Wellness Center over concerns about diversion.
Failing banking reform, marijuana companies can borrow from a nonbank specialty finance company that services the industry’s capital needs.
Marijuana e-commerce platform Dutchie is suing cannabis technology software firm Akerna Corp. over what it claims is a violation of Pennsylvania law.
Nevada regulators have determined that some marijuana products from a Clark County-based cultivator were doused with an unapproved pesticide.
Several cannabis companies have added marijuana seeds to their line of product offerings – even though the move, at first blush, might seem counterintuitive.
Justin Costello, a former CEO of Seattle-based GRN Funds, pleaded guilty on Wednesday to securities fraud after posing as a billionaire and war veteran to dupe investors into funding his cannabis-related business schemes.
Michigan regulators are warning cannabis companies in the state that an increasing number of marijuana delivery drivers are being robbed.
The Texas public safety department is starting a business license application process to add more medical cannabis dispensaries to the state’s limited MMJ program.
