Canopy USA, the U.S.-domiciled holding company of Canadian cannabis company Canopy Growth Corp., exercised its options to acquire Jetty Extracts, a California-based extraction brand and vape technology company, and Wana Brands, a Colorado-headquartered edibles manufacturer.
Wholesale cannabis prices are still declining in some state markets but have performed better than expected overall over the past year.
Municipal governments in Missouri may stack additional taxes on adult-use cannabis sales on top of the 6% state tax, according to a judge’s ruling.
The Arkansas Alcoholic Beverage Control Division has revoked a medical cannabis dispensary license for the first time.
Connecticut’s House of Representatives voted in favor of a bill that would restrict and regulate hemp products in the state.
Georgia’s governor signed off on a bill aimed at regulating hemp-derived products and growing the state’s hemp industry.
Two social equity marijuana applicants in Missouri are appealing regulators’ decision to revoke their business licenses because of their connection to a Michigan company called Canna Zoned.
The latest effort to legalize medical marijuana in Kansas has been halted by the Republican-controlled state Senate.
Massachusetts adult-use marijuana retailers sold more than $6 billion in products since the program launched in 2018.
Grown Rogue, an Oregon-based craft marijuana cultivator, increased its stake in its Michigan operation, Golden Harvests, from 52.2% to 80% through two transactions.
Minnesota marijuana stakeholders are concerned that the forthcoming adult-use market will be undersupplied and/or delayed if cultivators can’t begin growing before lawmakers finish deliberating over the program’s rules.
Two prominent New York cannabis industry associations disagree about whether regulators should accelerate the issuance of retail licenses in the state.
