Canada’s leading producer of cannabis edibles is restructuring its business under the nation’s bankruptcy protection laws as it seeks to sell assets to repay creditors.
Chris Casacchia
Chris Casacchia's Latest Posts
Marijuana REIT buys Florida property for $13 million in leaseback deal with Ayr
Innovative Industrial Properties, a San Diego-based real estate investment trust focused on the cannabis industry, acquired a $13 million industrial space in Florida that will be leased to multistate operator Ayr Wellness.
New York gov taps state insiders for key roles at cannabis regulatory agency
New York Gov. Kathy Hochul is continuing her leadership shake-up at the Office of Cannabis Management, the state’s chief marijuana regulator.
Slovenia voters OK nonbinding medical, personal cannabis cultivation, use
A majority of Slovenia voters sent a message to their newly elected government: Approve a medical cannabis program and personal use of the drug.
Most New York cannabis operators to save big without potency tax
New York Gov. Kathy Hochul’s push to replace the state’s potency tax on cannabis products with a flat excise tax went into effect June 1, the beginning of the new fiscal year for the state.
Missouri picks 48 cannabis microbusiness applicants in second lottery round
Forty-eight applicants in Missouri have been chosen in the second round of a licensing lottery to receive cannabis microbusiness permits.
Cannabis MSO Acreage aims to raise $10 million amid ‘deteriorating’ finances
A day after Canadian cannabis company Canopy Growth Corp. exercised its option to acquire Acreage Holdings, the American multistate operator announced a private placement with institutional investors to raise $10 million.
California cannabis product recalls are on the rise
California regulators are initiating more cannabis product recalls and health warnings to consumers.
Louisiana Senate chooses restrictions on intoxicating hemp products over ban
Louisiana lawmakers are implementing new restrictions on intoxicating hemp products in the state but will not ban them outright.
Marijuana workers unionize in Denver, Las Vegas and Maryland
Cannabis workers continue to unionize across the country, with the latest pacts in Denver, Las Vegas and Maryland.
Illinois’ medical marijuana expansion, hemp regulations hit road block
Illinois lawmakers ended this legislative session Wednesday without addressing medical marijuana expansion or regulations for hemp products.
Oklahoma regulator nominated for Rhode Island’s top cannabis post
Michelle Reddish, who has served as chief operating officer of the Oklahoma Medical Marijuana Authority for the past year, has been nominated by Gov. Dan McKee to lead Rhode Island’s newly created cannabis agency.
