Sales of adult-use marijuana hit the $5 billion mark in Massachusetts, where the executive director of the state’s Cannabis Control Commission shot down an earlier announcement that he is resigning.
Kate Robertson
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Marijuana MSO Cresco Labs launches Spotify ad campaign
Cresco Labs, a Chicago-based marijuana multistate operator, is launching a new advertising campaign on the Spotify audio streaming service.
Marijuana marketing platform Springbig moves from Nasdaq to OTC
Springbig Holdings, a Florida-based marijuana marketing and loyalty software company, delisted from the Nasdaq stock exchange and has moved to the OTCQX, the top tier of the over-the-counter markets.
2nd-quarter cannabis MSO earnings ‘not terrible,’ analyst says
The nation’s largest cannabis multistate operators reported a slowdown in revenue growth in the second quarter, which ended June 30, with efforts to cut costs offset by oversupplied state markets.
Tilt sells interest in Shinnecock Nation marijuana partnership for $1.4 million
Only three weeks after saying it was “undergoing a deep analysis” of the arrangement, Phoenix-based marijuana operator Tilt Holdings on Monday announced that it was selling its interest in a cannabis partnership with the Shinnecock Nation.
Fewer Kansas farmers growing hemp as CBD demand drops
Fewer farmers in Kansas are growing hemp because they see less demand for CBD oil.
United Kingdom CBD trade group calls for long-awaited regulations
The Association of the Cannabinoid Industry trade group in the United Kingdom says the country’s Home Office is taking too long to implement a legal framework for CBD.
Arizona adult-use and medical cannabis sales drop again in May
Arizona’s adult-use and medical cannabis sales declined again in May.
Arkansas medical cannabis sales hit $23.2 million in July
Arkansas medical cannabis sales are still on track for a record-breaking year after transactions in the state reached $23.2 million in July.
Oregon court pauses marijuana testing requirement for aspergillus mold
The Oregon Court of Appeals called for a temporary halt to a new marijuana lab-testing requirement for aspergillus, a type of mold that has led to recalls in several legal cannabis markets.
New Jersey adult-use marijuana market caught in a ‘doom loop,’ trade group says
New Jersey’s adult-use marijuana market is caught in a “doom loop,” and the regulatory commission is responsible for the problems, according to a report by the state’s Cannabis Trade Association.
Michigan marijuana regulators take too long to process complaints, audit shows
Michigan’s marijuana regulatory body is taking too long to crack down on businesses that have violated state regulations, according to a state audit.
