The version of Miami-based marijuana multistate operator Ayr Wellness “we know today will cease to exist” after the company sells off its assets to satisfy debt, analysts said Thursday.
Chris Roberts
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Uproar after New York marijuana regulators’ reversal on schools
Shifting guidance on how close a marijuana store can be to a school in New York has led to the $1.5 billion industry’s latest crisis.
Federal hemp THC protections appear safe amid Senate dispute
Farm Bill protections for hemp-derived THC products appear safe amid a Senate Republican standoff.
Oklahoma adult-use marijuana legalization campaign launches next week
Oklahoma marijuana legalization campaign to begin collecting signatures Aug. 1.
Marijuana testing laboratories sue equipment maker alleging fraud
More than two dozens cannabis testing labs have refiled a suit that accuses PerkinElmer/Revvity Health Science of using false promises to sell them testing equipment.
How many legal marijuana stores can New York’s $1.5 billion market support?
New York marijuana sales hit a monthly record as the state approves more retail licenses.
Broad majority of state AGs ask Congress for marijuana banking reform
Forcing cannabis businesses to still deal in all cash creates a public safety concern, top state law enforcement officials told Congress on Thursday.
Mold in cannabis is not a significant public health risk
There’s no significant risk posed by mold in cannabis, with known health problems one in millions.
Renewed Texas hemp THC ban advances with governor’s support
A renewed push to ban intoxicating hemp-derived THC products in Texas – and outlaw an estimated $5.5 billion market, believed to be the nation’s biggest – advanced out of a state Senate committee this week.
Deadly Glass House ICE raids reveal marijuana industry resentment, fears
California operators, irritated at regulators’ inability to investigate or stop allegations of diversion, are lashing out at Glass House following a July 10 raid.
Marijuana tax ‘stacking’ unconstitutional, Missouri Supreme Court rules
The decision means local governments stand to lose as much as $36 million a year in cannabis tax revenue, according to one estimate.
Will new DEA chief follow Trump’s cannabis rescheduling promise?
The marijuana industry is hopeful for a quick and positive decision on marijuana rescheduling after the U.S. Senate confirmed Terrance Cole to lead the DEA.
