Concerns about diversity are being raised in Ohio as state regulators prepare to issue 73 additional medical marijuana dispensary licenses based on the same standards as a 2017 permitting round. Currently, only eight of the state’s 58 MMJ dispensaries are minority...
Multistate operator Ayr Wellness signed a letter of intent to buy three medical cannabis dispensaries in Pennsylvania for $80 million, deepening the New York-based company's presence in the fast-growing market. The $80 million acquisition of PA Naturals includes $20...
Missouri medical cannabis operator BeLeaf Medical raised $23 million to expand its cultivation facilities in the state.
Maryland-based marijuana operator Curio Wellness rebranded its retail business under the entity Far & Dotter and started taking applications for franchises in Maryland and nine other hot markets as it aspires to capitalize on a cannabis retail trend.
A marijuana operator with three stores in Massachusetts agreed to pay nearly $300,000 in restitution and penalties after the state determined 282 employees were owed "premium pay" for work done on Sundays and holidays. The Massachusetts attorney general’s office,...
Jane Technologies, a leading cannabis e-commerce platform, said it raised $100 million of equity to expand its footprint, strengthen existing software and introduce new technologies. The California-based company, which does business as I...
New York Gov. Kathy Hochul, who took over this week for embattled Andrew Cuomo, pledged to move forward with the state’s multibillion-dollar adult-use marijuana program as quickly as possible.
Chicago-based multistate operator Cresco Labs is investing $40 million to expand a cannabis cultivation and processing facility in Ohio, a fast-growing medical marijuana state with adult-use legalization on the horizon. Cresco’s project, which has been approved by...
Toronto-based Sol Global Investments entered the Michigan medical marijuana market through a $20 million investment in a company that provides financing and support services to MMJ operators in the state. Sol, a diversified investment and private equity firm that also...
Three cannabis companies withdrew their year-old federal lawsuit against Los Angeles over the city's controversial social equity licensing program. ARMLA One, ARMLA Two and Gompers SocEq voluntarily dropped the suit without explanation, according to a one-page filing...
Leafly filed a legal challenge against Florida regulators who claim the online marijuana e-commerce company violates a state law banning third-party cannabis-dispensing services.
New Jersey regulators took a key step Wednesday toward developing a billion-dollar recreational marijuana market, announcing an initial set of rules that prioritize local and minority entrepreneurs. That could help satisfy worries, NJ.com reported, that most of the...
