New Mexico sales of regulated recreational and medical marijuana totaled $40.2 million in January.
Solomon Israel
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Canada still waiting for cannabis consumption spaces – with exceptions
As Canada enters its fifth full year of adult-use legalization, one type of marijuana business has been largely missing in action: legal cannabis consumption spaces, which remain relatively rare.
SNDL closes purchase of Superette cannabis stores, brand IP
Canadian marijuana company SNDL closed its purchase of five Superette cannabis stores in Ontario as part of a deal arranged through Superette’s proceedings under the country’s insolvency law.
MJBizDaily Canadian retail map details cannabis store data, consumer access
MJBizDaily’s Canadian cannabis retail distribution map details number of nation’s legal stores and how accessible they are for consumers.
Georgia medical marijuana regulator rescinds rules on technicality
Progress toward launching a regulated medical marijuana market in Georgia has been stymied after the state’s cannabis regulator rescinded recently approved industry rules.
Canadian cannabis company SNDL intimidated union-curious staff, tribunal rules
Canadian cannabis grower SNDL interfered with an off-site union informational meeting for employees working at a cultivation facility and must remedy that interference by offering workers paid, mandatory meetings with the union going forward, a provincial labor tribunal has ruled.
Ayr Wellness backs off from $55 million cannabis retail acquisition in Chicago
Multistate operator Ayr Wellness said it has canceled its acquisition of Chicago cannabis retail operator Dispensary 33, citing changing market conditions.
Marijuana company Organigram gets Nasdaq share-price warning
The Nasdaq stock exchange has warned Canadian marijuana cultivator and manufacturer Organigram Holdings about its share price, which has fallen below Nasdaq’s $1 minimum bid price requirement for 30 days in a row.
Marijuana MSO MariMed borrows up to $35 million for expansion, more
Marijuana multistate operator MariMed closed a $35 million secured credit facility to complete expansion projects in multiple states and pay off notes from a previous acquisition.
Cannabis company Hexo regains Nasdaq compliance after share consolidation
Hexo Corp. has regained compliance with the Nasdaq’s minimum bid price, allowing the Canadian cannabis company to continue listing its shares on the U.S. stock exchange.
Real estate company UC Asset to acquire Oklahoma cannabis property
Atlanta-based real estate investment company UC Asset Limited Partnership announced an all-share deal to acquire an Oklahoma cannabis cultivation property, invest in the property and lease it to its current operator.
Tilray cutting 25% of jobs at Portugal medical cannabis facility
Tilray Brands, a Canada-headquartered multinational marijuana, alcohol and pharmaceutical distribution company, is laying off roughly a quarter of its staff at its medical cannabis facility in Cantanhede, Portugal.
