Georgia’s medical marijuana regulator awarded four new MMJ production licenses, increasing to six the total number of licensed producers for the state’s limited program.
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Oklahoma crackdown results in massive illegal marijuana bust
More than 72,000 pounds of illicit cannabis has been seized in Oklahoma by a law enforcement task force meant “to combat Oklahoma’s many illegal marijuana operations,” according to the state attorney general.
Michigan regulator unveils litany of October marijuana disciplinary actions
Michigan imposed fines against a number of recreational and medical marijuana businesses in October, according to the state cannabis regulator’s latest disciplinary action report.
Rhode Island marijuana cultivator to pay $625,000 fine, keep license
Rhode Island marijuana cultivator Fire Ganja must pay a $625,000 fine after a settlement agreement with state regulators, but the business will be able to keep its license.
Nasdaq extends stay of suspension for marijuana tech firm Agrify
Agrify Corp. says the Nasdaq stock exchange has extended a stay on suspending the marijuana technology company’s listing until after a formal hearing.
Trulieve Cannabis to redeem $130M in senior debt, but details scarce
Marijuana multistate operator Trulieve Cannabis Corp. said it will redeem all of its outstanding 9.75% senior secured notes with a principal worth $130 million, although it remains unclear how the company is paying for the redemption.
Big investors keener on cannabis MSOs as rescheduling looms, survey shows
Institutional investors are increasingly bullish on U.S. cannabis multistate operators, according to a new survey, which suggests marijuana rescheduling by the federal government could convince those big investors to put new money into MSOs.
Missouri marijuana retailer Shangri-La to pay $145K settlement in union dispute
The National Labor Relations Board has approved a settlement in which Missouri marijuana retailer Shangri-La Dispensaries must pay more than $145,000 to resolve 15 charges of unfair labor practices.
Marijuana MSO MedMen delays filing 2023 financials
Marijuana multistate operator MedMen Enterprises says it will be late to file its annual financial report for its 2023 fiscal year ended July 1.
Employees at Missouri marijuana retailer Homestate vote to join Teamsters union
Staffers at Homestate Dispensary, a marijuana retailer in Kansas City, Missouri, “have voted overwhelmingly” to join the Teamsters Local 955 union.
Cannabis company Ayr Wellness tackles debt with extension, more
Cannabis multistate operator Ayr Wellness is taking several steps to revamp its significant corporate debt.
Marijuana MSOs uplist shares in Canada with eye on US exchanges
As several cannabis multistate operators upgrade their Canadian stock listings to higher-tier exchanges, more are expected to join the trend –Â but their ultimate goal appears to be listing on U.S. exchanges such as the Nasdaq.
