The Minnesota-based multistate operator reported increasing revenue by more than 250% following a recent buying spree that’s exciting analysts watching the sector.
Chris Roberts
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New THC allowance in Trump administration CBD Medicare plan, but no launch date yet
But other key questions the hemp industry has, such as when the program launches and who can participate, remain unanswered.
Ohio cannabis company sued for using branding owned by LeBron James’ agency
A new lawsuit accuses a cannabis company with a retail location in LeBron James’ hometown of Akron, Ohio of using branding that suggests the superstar’s talent agency is involved.
Celebrity cannabis brands continue to perform, but there’s a secret behind the success
Celebrity cannabis brands continue to outperform “normal” cannabis product lines, but some have fallen by the wayside while others succeed.
States move to tighten rules around hemp THC products ahead of federal ban
Ahead of a looming federal ban on hemp-derived THC, several states that allowed intoxicating hemp-derived products are moving to tighten their own rules.
Rhode Island may limit new cannabis permits even further
Rhode Island cannabis regulators are mulling capping the number of new business permits even further.
Cannabis IP: Why Snoop Dogg can’t trademark ‘Smoke Weed Everyday’
Snoop Dogg can’t patent “Smoke Weed Everyday” because it’s too popular, the US Patent and Trademark Office told America’s favorite stoner uncle. But other cannabis figures have options.
Hiding in the federal hemp crackdown is a hyperlocal opportunity
The looming federal hemp THC ban spells trouble for the $28 billion industry – but creates a hyperlocal opportunity for hemp beverage makers.
IRS digs in on marijuana rescheduling as MSOs’ 280E bill balloons
Cannabis companies owe the IRS $1.6 billion and counting in past-due 280E-related bills, and marijuana rescheduling is unlikely to change that, the agency said in recent filings.
Oklahoma cannabis operators notch win in federal court against state
Oklahoma medical marijuana operators are escalating a legal fight against Gov. Kevin Stitt and other state authorities, whom they claim are waging a deliberate effort to shut them down.
Federal marijuana rescheduling may speed Tennessee MMJ legalization
Federal marijuana rescheduling is changing lawmakers’ minds about medical cannabis in Tennessee.
Colorado considers cannabis tax hike amid declining sales
Colorado cannabis taxes would increase by less than a percentage point under a proposal to raise revenue for mental-health treatment, but sales are already slow.
