Medical marijuana dispensaries in Arkansas will likely beat the sales they recorded in 2022, a state spokesperson said.
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Cannabis MSO Trulieve ceasing operations in Massachusetts
Florida-based marijuana operator Trulieve Cannabis is shutting down its operations in Massachusetts and further downsizing in California.
Minnesota aims to issue adult-use marijuana retail licenses in 1 year
Minnesota regulators will start issuing adult-use marijuana retail licenses one year from now if they’re able to stick to their planned timeline.
Oregon marijuana retail chain Chalice Farms seeks receivership
Canadian holding company Chalice Brands, doing business as Chalice Farms, filed court documents asking to place five of its Oregon subsidiaries under receivership.
Nasdaq gives marijuana tech firm Agrify another warning
The Nasdaq stock exchange sent another warning to Agrify Corp., this time notifying the marijuana technology company it didn’t file its first-quarter results on Form 10-Q on time.
Fewer research analysts covering cannabis underscores industry woes
Fewer research analysts are covering the U.S. cannabis industry, which experts say reflects the challenging economic headwinds facing the industry, including high taxes, high interest rates, rock-bottom stock prices and the slow pace of federal marijuana reform.
Marijuana cultivator Bright Green secures $3.5 million private placement
An institutional investor has agreed to buy more than 3 million shares in Florida-based marijuana cultivation company Bright Green Corp.
Chair of Canada’s BZAM cannabis company invests $3.7 million
Bassam Alghanim, chair of Canadian licensed cannabis producer BZAM, is investing five million Canadian dollars ($3.7 million) in the company.
Oklahoma extends moratorium on medical marijuana licenses
A bill that extends the moratorium on any new medical cannabis business licenses in Oklahoma to August 1, 2026, was signed into law by Republican Gov. Kevin Stitt.
Lobbyist pleads guilty in Michigan marijuana bribery scandal
Another person has pleaded guilty to participating in a bribery scheme in Michigan designed to connect hopeful medical marijuana operators with licenses.
New Hampshire Senate again rejects recreational marijuana legalization
New Hampshire’s Senate shot down recreational marijuana legalization again, maintaining its status as the only New England state that hasn’t legalized adult use.
Cannabis groups pleased with SAFE Banking hearing as senators push for expungement
Cannabis industry groups were heartened Thursday to hear bipartisan support from members of the U.S. Senate Banking Committee for marijuana banking reform – particularly, passage of the Secure and Fair Enforcement (SAFE) Banking Act.
