Massachusetts-based marijuana multistate operator MariMed reported a record year for revenue growth and a net loss in its full-year and fourth-quarter earnings report.
Kate Robertson
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Second round for Missouri cannabis microbusiness applications set for April
Missouri regulators will begin accepting the second round of adult-use cannabis microbusiness applications April 15-29.
THC potency in Oklahoma’s medical cannabis is inflated, testing lab alleges
Oklahoma medical cannabis is frequently less potent than advertised, according to the manager of licensed lab Havard Industries.
New Jersey surpasses 100 marijuana stores, projects $1 billion in sales
The New Jersey governor’s office is celebrating the opening of more than 100 marijuana stores in the state.
Marijuana lender Chicago Atlantic extends credit facility maturity to 2026
The financing subsidiary of Chicago Atlantic Real Estate Finance is extending the maturity of its $100 million secured revolving credit facility and increasing its accordion feature to $150 million.
Marijuana MSO Verano reports record revenue, net loss for 2023
Chicago-based marijuana multistate operator Verano Holdings reported a record-breaking year for revenue in 2023 despite a net loss in its fourth-quarter and full-year financial results.
How to improve cannabis drying, curing methods: Q&A with researcher Allison Justice
Researcher Allison Justice is putting federally legal hemp under the microscope to better-understand the cannabis plant’s physiology.
Meta, Google must quit promoting illicit marijuana, New York governor says
New York’s governor is demanding that social media sites and search engines such as Meta and Google stop promoting illicit marijuana sellers.
Cannabis labor poised for rebound in 2024, survey predicts
Cannabis job numbers could rebound in 2024 after a tough period marked by thousands of layoffs in the industry.
Arizona bill targets ‘predatory tactics’ toward marijuana social equity licensees
Republican state Sen. Sonny Borrelli wants Arizona’s marijuana social equity licensees to regain control of their licenses, alleging that they were preyed upon by large operators and investors.
Mississippi to rescind medical marijuana lab’s testing license
The Mississippi health department plans to revoke the medical marijuana testing license belonging to Natchez-based Rapid Analytics.
Connecticut marijuana sales decline in January amid product shortages
Amid reports of product shortages, adult-use marijuana sales in Connecticut dropped in January for the first time since the market launched in 2023.
