New York regulators have started seizing products and issuing violations as part of a statewide initiative to rein in unlicensed marijuana operators in one of several new developments aimed at jump-starting sales in the state’s adult-use market.
The executive director of Colorado’s Department of Revenue wants marijuana businesses in the state to pay higher licensing fees to fund enforcement initiatives.
New Jersey regulators revoked marijuana cultivation and manufacturing licenses from an operator in the state over unpaid fees.
An Arizona bill making its way through the legislature aims to significantly cut the price of medical marijuana cards as MMJ sales and patient registrations has fallen dramatically the last few years.
Embattled Michigan marijuana cultivator and retailer Skymint, which is in receivership, will auction off its assets.
A settlement between New York cannabis regulators and a Michigan plaintiff will finally open up retail licensing in the Finger Lakes region.
New legislation and significant regulatory policy shifts are in play to stabilize the shaky roll-out of New York’s adult-use cannabis program, including allowing some of the nation’s largest multistate operators (MSOs) to enter the expanded market by year’s end.
Social equity advocates in Missouri are questioning the validity of numerous zip codes submitted by law enforcement that would qualify residents to apply for cannabis microbusiness licenses.
First-quarter cannabis sales in California slid to $1,249,584,223, the lowest quarterly total since the onset of the COVID-19 pandemic, according to the latest statistics from the state’s Department of Tax and Fee Administration.
Vertically integrated California cannabis operator Lowell Farms sold its Monterey County processing plant for $19.4 million to New Wilston Associates and entered a leaseback agreement with the company.
Massachusetts regulators scrapped a pilot program to establish cannabis cafes in 12 municipalities, likely ending the potential for consumption spaces to open in the state this year.
Vertically integrated cannabis producer and retailer Item 9 Labs Corp. has initiated a restructuring plan that includes cutting expenses by $3.5 million and an executive shake-up.
