Cresco posts $180 million full-year net loss as it looks to new cannabis markets
Cresco Labs posted a $180 million loss in 2023 as the Chicago-based cannabis multistate operator exited two state markets and saw its high-profile merger collapse.
Cresco Labs posted a $180 million loss in 2023 as the Chicago-based cannabis multistate operator exited two state markets and saw its high-profile merger collapse.
A Native American tribe is accusing North Carolina’s two Republican U.S. senators of launching an “inflammatory… frontal attack” on tribal sovereignty after the politicians contacted federal and state law enforcement about the Natives’ impending marijuana store.
Those keen to know exactly when the U.S. Drug Enforcement Administration will issue its decision on marijuana rescheduling remain frustrated.
Virginia’s 60-day General Assembly session adjourned Saturday without the state’s Republican governor signing into law a bill finally legalizing adult-use marijuana sales.
Marijuana reform garnered only a brief mention during President Joe Biden’s annual State of the Union address on Thursday night.
The 2024 Emerald Cup, the Northern California sun-grown cannabis celebration now in its 20th year, has been pushed from May until August.
A new industry trade group, the Florida Medical Marijuana Trade Association, has been formed to lobby for policies favorable to the state’s cannabis sector.
Claiming new rules governing hemp-derived cannabinoid products cost them “millions of dollars in losses,” state-licensed hemp companies in New York are suing the Office of Cannabis Management in federal court.
Rejected for a coveted cannabis retail license in an affluent California wine country town, a small marijuana retail chain is alleging in a lawsuit that political contributions from competing applicants “tainted” the process.
Green Thumb Industries’ plans to be the first multistate operator to sell marijuana at convenience stores is still in the works, company officials said while reporting annual revenue of $1.05 billion.
A proposal to limit the amount of THC in a potential adult-use marijuana market in Florida failed in the state Legislature.
Lawsuits by a white couple from California, Jeffrey and Justyna Jensen, have disrupted social equity programs in multiple cannabis markets.