A proposed overhaul of California's marijuana regulatory and tax collection system could mean far less headaches for licensed cannabis companies in the state. It could also indicate there's more legislative help on the way in 2020 for California's struggling legal...
Marijuana businesses in the United States and Canada were forced to let go hundreds of cannabis employees in 2019. Here are some steps to avoid layoffs.
California-based Weedmaps has lived up to the pledge it made in August of dropping unlicensed marijuana retailer ads from its site by New Year’s Day.
But there’s a caveat: The self-published nature of Weedmaps’ platform, combined with its lack of vetting ads before they go live, has given illicit businesses an avenue to keep at least a limited presence on the site, several industry insiders said.
Illinois cannabis shops have had approximately a week to sell recreational marijuana since the state began allowing it Jan. 1, and demand has proven so extreme that - despite enjoying about $11 million in early sales - some retailers have cut off adult-use customers...
Thousands of marijuana enthusiasts – including Illinois’ lieutenant governor – turned out on a cold New Year’s Day to mark the historic start of adult-use cannabis sales in what could become one of the biggest U.S. recreational markets in the nation.
The new year always offers a chance for a fresh start, which is exactly what MedMen CEO Adam Bierman believes he needs.
Illinois cannabis retailers are thrilled at the prospect of large crowds of customers and high demand at 6 a.m. CT New Year’s Day, which is when state lawmakers said several stores can begin adult-use recreational sales.
A controversial policy adopted last year by California that allows delivery of marijuana products anywhere in the state – even into areas where local municipalities have banned adult-use cannabis stores – is crucial to the ongoing success of the legal market, according to several delivery company officials.
An independent California state agency issued a long-awaited report about the state's cannabis tax system, and its recommendations include a major overhaul that would simplify and possibly reduce marijuana tax rates. The goals of the report were to assess how...
Vertically integrated marijuana company MedMen, one of the most high-profile cannabis retailers in the U.S., announced more layoffs on Wednesday. "This week, the company provided layoff notices to an additional 20% of its corporate-level employees," MedMen said in a...
Flurries of meetings and negotiations have occurred behind the scenes in Sacramento since California announced a cannabis tax increase last month. The stakes surrounding these discussions - all aimed at lowering the marijuana industry's tax burden - are nothing less...
The number of legal cannabis product batches undergoing lab testing in California each month has rebounded since a lull over the spring and summer and, as of late November, was on pace to grow even more before the end of the year.
