Marijuana multistate operator TerrAscend Corp. has completed $79 million in debt financing as it exits the Michigan market.
Margaret Jackson
Margaret Jackson's Latest Posts
Ohio adult-use marijuana sales top $600 million, doubling MMJ revenue
Ohio adult-use marijuana stores have racked up $600 million in sales since the market launched in Aug. 2024, recent data shows.
Auxly Cannabis reaches ‘turning point’ with closing of 2 transactions
Auxly Cannabis Group has closed on two transactions intended to reduce the Canadian operator’s debt and strengthen its financial position.
District of Columbia medical marijuana sales soar, but many dispensaries are struggling
While overall medical marijuana sales in Washington, D.C., have nearly doubled since January, dispensaries that converted from “gifting” shops are facing significant struggles.
Kentucky medical marijuana companies sue, alleging program is unconstitutional
A group of medical marijuana companies in Kentucky have filed a lawsuit claiming the rollout of the state’s MMJ program is unconstitutional.
From strain to sauce: 7 ways cannabis is igniting the culinary world
As legalization spreads and culinary creativity blossoms, chefs, home cooks and food enthusiasts are discovering the potential of marijuana as a sophisticated ingredient.
Massachusetts on track to set cannabis consumption lounge regulations this fall
Massachusetts could have regulations for cannabis social consumption lounges in place by October.
New York consulting firm to evaluate Missouri’s marijuana market
Missouri regulators have awarded New York-based Cannabis Public Policy Consulting a $238,700 contract to study the state’s marijuana market.
Marijuana MSO TerrAscend is planning to exit Michigan market
Marijuana multistate operator TerrAscend Corp. is pulling out of the Michigan market after completing a review of its business operations in the state.
Are THC potency caps a move toward marijuana prohibition? Debate is brewing
With many consumers demanding high-potency cannabis, a debate is swirling over whether states where marijuana is regulated should implement caps on THC content in flower, concentrates and edibles.
2 board members, including Kris Krane, resign from marijuana operator 4Front
Two board members of 4Front Ventures Corp. have resigned as the marijuana company wrestles with receivership and bankruptcy proceedings.
Independent cannabis operators versus MSOs? Consumers don’t walk the talk
As cannabis businesses strive to establish brand loyalty, they’re learning that consumer purchasing habits don’t always align with stated preferences.
