NJ sells $24M of recreational cannabis in first month; more licenses issued
In the first month of recreational cannabis sales, New Jersey retailers sold $24 million worth of adult-use products.
In the first month of recreational cannabis sales, New Jersey retailers sold $24 million worth of adult-use products.
Chicago-based Ferrara Candy Co. filed another lawsuit in a federal court against a cannabis company for allegedly infringing on the trademark for its popular Nerds brand.
Illinois-based multistate operator Verano Holdings said it won a lawsuit in which it was accused of transporting marijuana from its home state to Arkansas.
A second bill to create an adult-use marijuana industry in Delaware failed in the House by one vote when a lawmaker fell ill.
Lawmakers in the Massachusetts House joined their Senate counterparts in approving legislation to promote greater diversity in the state’s licensed cannabis industry.
California Gov. Gavin Newsom’s proposal to eliminate the state cultivation tax on marijuana is a welcome move, according to industry officials.
But they argue the governor’s plan fails to go far enough to help an industry beset by high taxes, burdensome regulations and a robust illicit market.
Financing challenges are at the top of a long list of growing pains cannabis companies are facing.
Legislators in Rhode Island revised a bill to legalize adult-use cannabis with the hope the changes could help the measure pass the state’s General Assembly.
Vermont regulators issued the first license to grow recreational cannabis for the state’s impending adult-use market.
California’s governor wants to eliminate a tax on marijuana cultivation, but not without raising taxes elsewhere on the state’s struggling cannabis industry.
Miami’s City Commission voted 3-2 on Thursday to allow medical cannabis dispensary MRC44 to open, paving the way for other MMJ businesses.
A medical marijuana company in Detroit filed a lawsuit challenging a city ordinance that would bar medical cannabis companies from receiving an adult-use business license for five years.