While some marijuana companies are exiting California’s difficult, regulated market – Curaleaf Holdings is among the most notable – others big and small are staying focused on the state and have plans to grow in 2023.
Kate Robertson
Kate Robertson's Latest Posts
Virginia cannabis advocates push for changes to approved delta-8 bill
The Virginia Cannabis Association (VCA) wants the state’s recently passed delta-8 THC bill to be amended because it is too restrictive and could hurt the local hemp industry.
Missouri adult-use marijuana sales top $71.7 million in first month
Adult-use marijuana sales in Missouri hit the ground running, reaching $71.7 million in its first month.
Canadian cannabis company Adastra gets permission to sell cocaineÂ
British Columbia-based cannabis company Adastra Labs has been approved by Health Canada to possess, produce, sell and distribute cocaine, psilocybin and psilocin.
Lawsuit alleges inflated THC potency in Arkansas medical cannabis
A medical marijuana patient in Arkansas is suing three medical cannabis cultivators and a lab in the state, alleging products made and tested by the companies had less THC potency than what was advertised.
Marijuana MSO MariMed appoints CEO, board chair
Massachusetts-based marijuana multistate operator MariMed appointed Jon Levine as permanent chief executive officer and Edward Gildea as chair of the board of directors.
Marijuana firm Bright Green’s immigrant fundraising plan draws scrutiny
Nasdaq-traded marijuana company Bright Green Corp. is again attracting scrutiny and questions, this time for its audacious plan to raise $500 million through a federal investment program that targets immigrant investors.
Marijuana MSO Cresco Labs’ acquisition of Columbia Care pushed to June
Marijuana multistate operators Columbia Care and Cresco Labs have “mutually agreed” to extend the companies’ acquisition closing date timeline from March 31 to June 30 of this year.
West Virginia mulls ban on delta-8 THC products
Lawmakers in West Virginia are proposing a ban on products containing delta-8 THC.
Marijuana fintech firm Green Check Verified raises $6 million
Florida-based marijuana fintech provider Green Check Verified raised $6 million in a Series A funding round led by venture capital investment firm Mendon Venture Partners.
Will mass layoffs help or hinder the struggling cannabis industry?
Are widespread layoffs in the North American cannabis industry an effective cost-cutting tool – or will they do more damage in an already challenging environment?
Vertically integrated cannabis operators TPCO and Gold Flora to merge
TPCO Holdings, which operates as The Parent Co., and Gold Flora are merging in an all-stock deal, according to a Tuesday news release.
