Florida-based marijuana track-and-trace software company Metrc signed its 25th government contract, this time with the state of Kentucky.
Kate Robertson
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Silver Spike to acquire Chicago Atlantic loan portfolio, expand beyond marijuana
New York-based Silver Spike Investment Corp. will acquire Chicago Atlantic Loan Portfolio in exchange for newly issued shares of Silver Spike common stock.
Florida Senate passes bill banning hemp-derived THC products
Florida has taken another step toward banning hemp-derived products containing delta-8 and delta-10 THC in the state after the Senate unanimously passed a bill this week.
Delaware’s adult-use cannabis sales launch delayed until 2025
Delaware’s launch of adult-use cannabis sales has been pushed back to 2025.
Virginia adult-use marijuana bills face resistance from governor, police
Virginia’s House of Delegates and the Senate advanced two separate bills that would establish regulations and taxes for an adult-use marijuana market in the state, but the governor might not sign off on either.
Advocates celebrate inclusion of hemp in USDA’s Census of Agriculture
Advancing the federal regulation of hemp and other cannabis industry priorities will be easier now that hemp has its own category in the USDA’s Census of Agriculture, hemp cultivators and stakeholders say.
Maine police seize thousands of illicit marijuana plants in raids
Maine authorities continue to crack down on allegedly illicit marijuana operations in the state and seizing thousands of plants, most recently in Corinna, Guilford and Sangerville.
Ultra Health, largest marijuana player in New Mexico, closing Santa Fe shop
New Mexico’s largest medical and adult-use marijuana operator, Ultra Health, will close one of its two Santa Fe stores at the end of February.
Marijuana MSO Ayr Wellness completes debt extension, raises $40 million
Marijuana multistate operator Ayr Wellness completed its previously announced plan to manage its significant debt by extending the maturity date of its senior notes from 2024 to 2026.
Massachusetts sets adult-use cannabis sales mark with $1.56 billion in 2023
Massachusetts cannabis sales broke records in 2023 for the sixth year in a row, and December was the best month ever.
Minnesota regulator turns to lawmakers to assist adult-use marijuana sales
Minnesota’s Office of Cannabis Management say the only way adult-use marijuana sales will launch on time is if state lawmakers approve some amendments to the current regulations.
Cannabis incubators can improve equity and grow business, operators say
A new batch of cannabis incubator and apprenticeship programs are offering resources and hands-on experience to small marijuana brands and trainees to improve equity and carve out roles for people impacted by the war on drugs.
