WM Technology co-founders Douglas Francis and Justin Hartfield are backing out of a deal to purchase the company’s outstanding common stock.
Margaret Jackson
Margaret Jackson's Latest Posts
Ohio lawmakers unlikely to change recreational marijuana law before break
It appears unlikely that Ohio lawmakers will make changes to the state’s recreational marijuana law before their summer break.
Arkansas nears annual medical marijuana sales mark with $121M-plus through May
With Arkansas’ medical marijuana sales exceeding $121 million through May, the state is on track to break its annual record set in 2023.
Mature cannabis markets see job losses while emerging states boom
Despite a 4.5% increase in revenue that reached $30.1 billion in 2024, the regulated marijuana industry experienced a 3.4% decline in employment, shedding 15,000 jobs to settle at 425,000 workers.
Jones Soda sells marijuana beverage business for $3 million
Jones Soda Co. sold its marijuana beverage business to MJ Reg Disrupters for $3 million.
Minnesota issues first recreational marijuana license to a cultivator
Minnesota has issued the state’s first adult-use marijuana license to a microbusiness, Herb Quest, which will start by growing cannabis plants outdoors.
Printed and dyed marijuana rolling papers could pose health risks
Printed marijuana rolling papers contain significantly higher concentrations of heavy metals such as copper, chromium and vanadium compared to their unprinted counterparts, a study shows.
Marijuana brand High Times to return after $3.5 million acquisition
Raw Rolling Papers founder Josh Kesselman and Matt Stang, a former co-owner of High Times, paid $3.5 million to acquire the marijuana-centric counterculture magazine and brand.
Maine is pushing medical cannabis testing to next year
Maine lawmakers have carried over a bill into 2026 that would have implemented testing and tracking requirements for the state’s medical cannabis industry.
New TheraTrue CEO believes employee loyalty key to marijuana business’ growth
As medical marijuana operator TheraTrue enters its next phase of growth, it’s brought on a new CEO with experience in expanding cannabis businesses.
Cannabis company 4Front Ventures files for bankruptcy in Canada
Phoenix-based cannabis operator 4Front Ventures Corp. has initiated bankruptcy proceedings in Canada under that country’s Bankruptcy and Insolvency Act.
Hemp-derived cannabinoid maker partners with brewers alliance
Volunteer Botanicals has partnered with the Independent Brewers Alliance (IBA) to become the preferred provider of hemp-derived cannabinoids and other botanical ingredients as craft brewers expand production of nonalcoholic beverages.
