The Cannabist filed for Chapter 15 bankruptcy protection in Delaware on March 25, facing about $270 million in debt to lenders and the IRS.
Margaret Jackson
Margaret Jackson's Latest Posts
Why cannabis concentrates remain vital for retailers and manufacturers
Vapes have overtaken pre-rolls as the No. 2-selling cannabis product in the U.S., while cannabis concentrates come in at No. 5.
Arkansas medical cannabis sales slip as governor hopefuls come out on legalization
The decline follows a record year in which sales totaled $291.1 million – the highest annual figure since sales began in 2019.
San Francisco legalizes ‘Amsterdam-style’ cannabis cafes
San Francisco will allow cannabis cafes to serve food and nonalcoholic drinks alongside on-site consumption of marijuana.
How a newcomer to Florida’s crowded medical cannabis market plans to win
FINO Cannabis opened its first Florida medical marijuana treatment center in Clermont, with a second location planned for Winter Park.
Pennsylvania cannabis company first to make key transition
The deal turns Organic Remedies into an employee-owned business while keeping its long-term independence intact.
Cannabis MSO Ascend prepares for uplisting to US exchange
The company filed a proxy statement with the SEC and called a meeting of stockholders to vote on a reverse stock split.
Curaleaf first to register cannabis preparations in Spain
The preparations can be used in hospital pharmacies to produce compounded formulas prescribed by healthcare professionals.
Two marijuana MSOs named among ‘America’s Best Companies’
Trulieve Cannabis Corp. and Green Thumb Industries were named to Time magazine’s America’s Best Companies 2026 list.
New ban threat for Texas hemp THC market as medical marijuana access expands
Republican state Sen. Charles Perry announced that he will re-file a total ban bill in the next legislative session, which begins in January.
How a beer scion entered the cannabis industry for the long haul
Missouri’s rule changes have tilted the playing field toward a handful of big operators, squeezing companies like Teal Industries.
Washington cannabis sales fell to $1.14 billion in 2025
The 21% drop over time reflects a mature market struggling under a stack of financial pressures and competition from the illicit market.
