Ayr Wellness boosts Florida marijuana cultivation facility mortgage by $8.4M
Marijuana multistate operator Ayr Wellness is increasing by $8.4 million the size of an existing mortgage on a cultivation facility in Gainesville, Florida.
Marijuana multistate operator Ayr Wellness is increasing by $8.4 million the size of an existing mortgage on a cultivation facility in Gainesville, Florida.
Massachusetts’ Cannabis Control Commission (CCC) is reportedly working to expand a “secret shopper” program as it tries to regulate issues with marijuana packaging and labeling compliance.
Canadian operator Decibel Cannabis Co. is selling its Prairie Records marijuana retail stores to retail operator Fika for roughly 3 million Canadian dollars ($2.2 million).
Retail sales of legal adult-use cannabis in Canada tumbled by 11.5% from December to January, totaling 400.1 million Canadian dollars ($294.2 million).
Marijuana sector exchange traded fund Subversive Cannabis ETF will close down as of March 28, only half a year after launching.
Tax strategies took the spotlight in fourth-quarter financial reports from publicly traded U.S. cannabis companies.
Three state-regulated marijuana retailers in western Massachusetts are suing a town government for almost $6 million over “community impact fees” levied as part of their host community agreements.
Police in western Washington state have made arrests in an investigation into what the Tacoma Police Department described as “a major illegal marijuana grow operation by Chinese nationals.”
TerrAscend Corp. is the latest marijuana multistate operator to announce a plan to stop paying taxes owed under Section 280E of the Internal Revenue Code, and an executive hinted at the company’s legal basis for doing so.
Multistate operator Jushi Holdings is trying to improve its efficiency and margins as it hopes for new adult-use cannabis markets in 2024.
Marijuana multistate operator The Cannabist Co. is trying to improve its wholesale business as it moves on from what CEO David Hart described as “an arduous 2023.”
California-based Jean Talley sat down with MJBizDaily to share his perspective about medical cannabis research.