Cannabis wholesale platform LeafLink has acquired Leaf Trade, a wholesale marketplace used by multistate operators and enterprise marijuana businesses.
Margaret Jackson
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Marijuana operator Gold Flora facing receivership amid financial challenges
California-based marijuana operator Gold Flora Corp. is facing receivership as it grapples with financial challenges.
Judge halts Minnesota’s adult-use marijuana licensing lottery
A judge on Monday halted the lottery to award adult-use marijuana licenses to prospective business owners after some applicants denied access filed a lawsuit claiming the process lacked clear criteria and didn’t allow for appeals.
Appeals court upholds Mississippi ban on medical marijuana advertising
A Mississippi appeals court ruled that medical cannabis businesses in the state don’t have the right to advertise on billboards or other places because marijuana is still illegal under federal law.
USDA assumes oversight of Michigan hemp farmers
Michigan hemp farmers are operating under the U.S. Department of Agriculture now that the state has shut down its industrial hemp program.
Marijuana software company Distru secures $6 million funding
Marijuana software company Distru raised $6 million in a Series A funding round led by Poseidon Investment Management.
Women make up 61% of cannabis home growers, survey shows
The image of clandestine cannabis cultivation is fading fast, with 66% of home growers feeling empowered to openly grow the plant, according to a recent survey.
Minnesota bars two-thirds of marijuana social equity applicants from lottery
About two-thirds of the 1,817 adult-use marijuana social equity license applicants in Minnesota were denied access to the state’s license lottery, which is expected to be held the week of Dec. 2.
Georgia to allow more medical marijuana dispensaries since patient rolls top 25K
With the number of people enrolled as medical marijuana patients in Georgia hitting 25,000 over the weekend, the state agency that operates the program can authorize more dispensaries to open.
Millennials buy more cannabis pre-rolls than other generations, report says
Millennials are the leading generation in consumption of pre-rolls, accounting for 45% of the $3 billion market, according to a recent study.
Cannabis company SNDL to repurchase up to CA$100 million in stock
SNDL’s board gave the Canadian cannabis and alcohol company the green light to repurchase up to 100 million Canadian dollars ($70.9 million) of its outstanding common shares.
Tilray subsidiary launches commercial cannabis flower grown in Germany
Aphria RX, a subsidiary of Tilray Brands, launched the first commercial medical cannabis flower grown at its facility in Neumünster, Germany.
