Another lawsuit has been filed against the state of Illinois over its cannabis licensing process, this time by two companies that claim they were "forced" to relinquish lottery spots for retail permits by a state agency. According to the Chicago Sun-Times, Suite...
John Schroyer
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With an eye on US cannabis market, Canadian firm Tilray acquires majority of MedMen debt
Tilray said Tuesday it acquired a majority of the debt that California-based MedMen Enterprises owes to New York hedge fund Gotham Green Partners and other funds, giving the Canadian cannabis producer a shot to acquire MedMen in the future as well as entry into the...
Illinois, Michigan establish monthly cannabis sales records in July
Midwest cannabis states Illinois and Michigan set sales records for their respective markets last month, with Illinois hitting $128 million and Michigan reaching $171 million. Illinois' sales benefited from the Lollapalooza music festival,...
California completes marijuana regulatory agency merger; new cannabis czar takes over
California Gov. Gavin Newsom’s Department of Cannabis Control aims to unclog a glut of temporary licenses and transition them to annual permits as well as ease regulatory red tape and financial burdens on businesses.
Ex-mayor indicted on corruption charges tied to CA marijuana licensing
The former mayor of a Southern California city has been indicted by federal prosecutors for bribery and wire fraud charges stemming from a corruption case tied to marijuana business licenses.
Marijuana farmers at greater risk of taking own lives amid hardships, California industry officials warn
Tough business conditions in the California marijuana industry are leading more and more people to take their own lives, especially farmers.
Consumer consent is key for marijuana businesses using robocalls, text messages to advertise
New marijuana retailers looking to connect with consumers might inadvertently violate federal law by using robocalls or text messages if they don’t first ask for recipients’ permission.
Law enforcement snafu creates millions in losses for legal cannabis firm
An apparent computer mix-up led law enforcement officers to raid a legal marijuana cultivation operation in Oklahoma, resulting in what's estimated to be more than $10 million in damages to the facility and crops. According to Oklahoma City TV station KWTV, a district...
Bill to legalize adult-use marijuana introduced in Wisconsin Legislature
A bill to legalize adult-use marijuana has been introduced in the Wisconsin Legislature.
Cannabis real estate firm NewLake buys MA properties for nearly $9 million
Cannabis real estate financier NewLake Capital Partners closed on yet another acquisition, this time spending almost $9 million on four properties in the north-central Massachusetts town of Fitchburg. According to the Worcester Business...
50% of NJ communities might ban adult-use cannabis firms, report says
Roughly half the cities and towns in New Jersey are likely to prohibit adult-use cannabis businesses for at least the foreseeable future, given their impending hard deadline of Aug. 21 to decide whether to opt in or opt out of the industry. ...
Former owners of Curaleaf subsidiary to pay $500K to settle cannabis lawsuit
The former owners of Oregon-based Cura Cannabis, one of the subsidiaries now owned by Massachusetts-based multistate operator Curaleaf, agreed this week to pay more than $500,000 to settle a class action lawsuit over mislabeled marijuana vape cartridges













