Cannabis real estate manager Innovative Industrial Properties (IIP) is claiming that multistate operator PharmaCann has defaulted on several of its leases across the country.
Chris Casacchia
Chris Casacchia's Latest Posts
California issues list of approved pesticides for cannabis cultivation
California regulators have released a list of 261 pesticide products they’ve approved for use on cannabis products.
Marijuana MSO Cansortium finalizes merger with RIV Capital
The merger between marijuana multistate operator Cansortium, which operates under the Fluent brand, and RIV Capital closed on Thursday.
Weedmaps shares surge after cannabis company proposes going private
The share price of Weedmaps’ parent, WM Technology, popped Wednesday morning after its co-founders submitted a proposal to take the California company private.
MediPharm inks deal to sell Ontario cannabis operation for $5.5 million
Canadian cannabinoid company MediPharm Labs is selling its manufacturing operation in Ontario for $5.5 million to Kensana Health.
Ohio adult-use program was only new cannabis market launch in 2024
2024 will go down as one of the quietest years for cannabis market launches.
Missouri lawmakers introduce 3 bills to regulate hemp products
Three competing bills with proposals to regulate the hemp industry have been introduced in Missouri.
Poseidon invests in two New Jersey cannabis retailers
San Francisco-based cannabis hedge fund operator Poseidon Investment Management has completed investments in two New Jersey retailers.
Tennessee hemp groups seek to halt rules that would prohibit THCA products
Hemp retailers and growers in Tennessee have filed an 11th-hour legal challenge to halt impending rules that are expected to restrict all THCA products in the state.
Minnesota recreational cannabis licensing to be delayed for months
Prompted by legal challenges over the state’s recreational cannabis licensing process, Minnesota’s regulatory agency says the issuance of permits will be delayed for months, quashing expectations of the market opening in early 2025.
Massachusetts regulators unveil plans for marijuana consumption spaces, licensing
Massachusetts regulators are crafting rules and regulations for marijuana consumption spaces and plan to complete the process by mid-2025.
Judges appear unmoved by arguments challenging federal marijuana prohibition
A three-judge U.S. appeals court has indicated it’s unlikely to side with a group of cannabis businesses aiming to overturn federal marijuana prohibition via a constitutional challenge.
