Despite growing optimism that Hawaii would launch an adult-use cannabis market this year, hopes vanished this week when House Finance Chair Kyle Yamashita declined to hold a vote on the legalization bill.
Chris Casacchia
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Planet 13 to open Las Vegas’ second cannabis consumption lounge
The second state-approved cannabis consumption lounge will open in Las Vegas on April 5.
Cannabis operator Glass House posts record revenue of $160.8 million in 2023
California cannabis producer and retailer Glass House Brands reported fourth-quarter improvements in gross profits and margins for the fourth quarter of 2023, leading to record revenue of $160.8 million for the full year.
Arizona sets record with nearly $1.5B in marijuana sales in 2023
Arizona cannabis retailers sold nearly $1.5 billion worth of recreational and medical marijuana in 2023, a record since the state launched adult-use sales in January 2021.
Massachusetts marijuana worker denied Chapter 13 bankruptcy protection
A marijuana company employee in Massachusetts has been denied bankruptcy protections, highlighting a federal barrier that extends beyond the corporate realm to personal finances.
Germany recreational cannabis legalization bill clears last hurdle
Germany’s landmark recreational cannabis law will go into effect on April 1 after clearing the final regulatory hurdle on Friday.
Louisiana’s 10th medical marijuana dispensary opens
The final medical marijuana operator allowed by law in Louisiana is open for business.
Amyris to pay cannabinoid manufacturer Lavvan $15.1 million in settlement
Biotech company Amyris will pay its former business partner, cannabinoid manufacturer Lavvan, $15.1 million as part of a settlement agreement that ends years of litigation.
New York governor orders exam of cannabis regulator, adult-use licensing
New York’s governor has ordered examiners to assess the state’s cannabis regulator and processes related to adult-use licensing.
Colorado marijuana sales top $115.4 million in January
Colorado’s total marijuana sales in January were essentially flat compared to December transactions in the state.
Trulieve Cannabis files lawsuit against ex-CFO contesting $350K in expenses
Florida-based marijuana multistate operator Trulieve Cannabis has filed a lawsuit against a former chief financial officer for misappropriating hundreds of thousands of dollars tied to personal expenses.
Las Vegas marijuana consumption lounges prepare for new era
Thrive Cannabis Marketplace recently opened the first state-licensed lounge adjacent to its store just off the Las Vegas Strip, and nearly 20 other consumption businesses are putting the finishing touches on their venues.
