Missouri-based multistate operator Greenlight Dispensary is believed to be the first big marijuana company to issue a dividend to investors – and it could be the last, at least for the foreseeable future.
Kate Robertson
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Schwazze expands New Mexico cannabis footprint through $38 million acquisition
Colorado-based cannabis multistate operator Schwazze is deepening its presence in New Mexico with the planned acquisition of certain assets belonging to Sucellus.
Marijuana MSOs report mixed financial results after tough year
Some marijuana multistate operators have weathered the perfect storm of macroeconomic headwinds, cannabis-specific challenges and legislative disappointments better than others, as evidenced by full-year and fourth-quarter results reported this spring.
Cannabis vaporizer makers score ‘definitive’ victory in patent dispute
The U.S. International Trade Commission “ruled definitively” in favor of dozens of vaporizer companies that were accused of patent infringement by Chinese e-cigarette maker Shenzhen Smoore Technology Co.
Nasdaq warns marijuana tech firm Agrify it’s not compliant
Agrify Corp., a Massachusetts-based cannabis cultivation and extraction solutions company, received a notice of noncompliance from Nasdaq because the company hasn’t filed its 10-K form with its full-year financial results to the U.S. Securities Exchange Commission on time.
Marijuana MSO TerrAscend will restructure in bid to list on TSX
Marijuana multistate operator TerrAscend Corp. revealed its plans to reorganize in a way that will allow the U.S. plant-touching company to list on the Toronto Stock Exchange.
Curaleaf to adjust marijuana revenue from previous financial results
New York-based marijuana multistate operator Curaleaf Holdings will adjust its revenue for 2022 and 2021 after it restates some of its previously issued financial statements.
Employee numbers up at some cannabis MSOs despite challenging conditions
News of widespread layoffs at cannabis companies across the United States have dominated headlines, but an analysis of employee head counts at America’s largest cannabis companies show several actually grew their payrolls last year.
CEO of embattled Michigan marijuana company Skymint steps down
Jeff Radway, the chair and CEO of Michigan marijuana retailer and cultivator Skymint, stepped down only weeks after the financially strapped company was placed under receivership.
South Dakota adult-use marijuana initiative could pass in 2024, poll shows
If an adult-use marijuana initiative made it back to South Dakota voters for a third time in 2024, it could pass, according to a new poll.
Massachusetts cannabis cultivator, retailer Insa laying off workers
Massachusetts-based marijuana cultivation and retail company Insa laid off an undisclosed number of workers in the past few months.
Marijuana industry jobs dipped by 2% in 2022, report shows
In a first since states began legalizing marijuana, cannabis industry employment declined in 2022, a report shows.
