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.
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.
Agrify Corp. says the Nasdaq stock exchange has extended a stay on suspending the marijuana technology company’s listing until after a formal hearing.
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.
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.
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 multistate operator MedMen Enterprises says it will be late to file its annual financial report for its 2023 fiscal year ended July 1.
Staffers at Homestate Dispensary, a marijuana retailer in Kansas City, Missouri, “have voted overwhelmingly” to join the Teamsters Local 955 union.
Cannabis multistate operator Ayr Wellness is taking several steps to revamp its significant corporate debt.
As several cannabis multistate operators upgrade their Canadian stock listings to higher-tier exchanges, more are expected to join the trend – but their ultimate goal appears to be listing on U.S. exchanges such as the Nasdaq.
Medical cannabis patients in Arkansas spent $211.3 million on MMJ between Jan. 1 and the end of September as the state’s legal marijuana market approaches new heights.
Washington state regulators suspended the quality-assurance certification for testing lab True Northwest.
Agricultural biotechnology company 22nd Century Group, which focuses on hemp, tobacco and hops, says it has reduced the outstanding amount of its senior secured debt by $8.1 million.