Total cannabis sales in Colorado reached only $150.4 million in August, a 2.2% decline from the previous month.
Kate Robertson
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Trulieve Massachusetts marijuana facility under probe before worker death
A Trulieve Cannabis marijuana facility in Holyoke, Massachusetts, was already under investigation by state regulators when an employee died in January after allegedly inhaling dust on the job.
Goodness Growth vows to take legal action after Verano scraps cannabis acquisition
Goodness Growth Holdings vowed to seek “significant damages” after multistate cannabis operator Verano Holdings said on Friday that it was terminating its acquisition of the company and seeking millions of dollars in reimbursements and fees.
CT to reconsider some cannabis license applications in wake of lawsuits
The Connecticut Social Equity Council will allow seven cannabis companies to reapply for licenses for forthcoming adult-use cannabis sales.
Maryland marijuana legalization expected to pass in November, but details pending
Maryland voters appear likely next month to approve the cultivation and sale of recreational marijuana, but state lawmakers must the pass legislation establishing a regulatory framework governing the new market.
Arkansas medical cannabis sales reach $23.9 million in September
Medical cannabis sales in Arkansas totaled $23.9 million in September, according to the latest report from the Department of Finance and Administration.
Missouri NAACP calls on voters to reject adult-use cannabis ballot initiative
The Missouri NAACP is asking voters not to vote for Amendment 3, a ballot initiative that would legalize adult-use cannabis in the state.
Marijuana financial restatements show industry still maturing, insiders say
The marijuana industry has an accounting problem, with a number of companies correcting errors in financial statements in recent years through restatements.
New York adult-use marijuana stores ‘on track’ to open this year, governor says
New York is “on track” to open 20 adult-use cannabis dispensaries this year, Gov. Kathy Hochul said.
The governor also said in an exclusive interview with the Advance Media New York editorial board that roughly 20 more stores will open each month after that, according to The (Syracuse) Post-Standard.
Is multistate cannabis operator Ascend Wellness up for sale?
Abner Kurtin, a former CEO of multistate cannabis operator Ascend Wellness Holdings, is no longer giving interviews since transitioning to the executive chair role only days before a battery charge was dropped against him late last month.
But in a statement sent to MJBizDaily via text, he made it clear that shareholder value is top of mind.
Biden calls for review of marijuana scheduling, pardons thousands for MJ offenses
President Joe Biden on Thursday called on the U.S. attorney general and the secretary of the Department of Health and Human Services to begin the process of reviewing marijuana scheduling under federal law – a move that could dramatically reshape how the U.S. government treats MJ and the flourishing industry that has commercialized the plant.
MedMen uses federal illegality of marijuana as defense in rent lawsuit
Cannabis multistate operator MedMen Enterprises argues in its response to a lawsuit that it shouldn’t have to pay the almost $1 million it allegedly owes in back rent because marijuana is illegal under federal law.
