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Cannabis multistate operator Jushi Holdings filed a preliminary short-form base shelf prospectus in Canada to raise up to 600 million Canadian dollars ($442 million) by issuing a variety of securities over a 25-month period.
MJBizCon, the world’s biggest event in the cannabis sector, kicks off Wednesday in Las Vegas as industry leaders wrap up a tough year and hope for positive change in 2024 – particularly, the potential reclassification of marijuana as a less dangerous drug by the U.S. government.
The THC potency of marijuana flower sold in legal stores in four states is routinely and systematically inflated, sometimes by as much as 25% or more, according to an independent analysis of licensed cannabis testing-laboratory data obtained by MJBizDaily.
Minnesota’s top marijuana regulator expects the state to launch adult-use sales in early 2025 as planned, despite several key administrative positions unfulfilled and the need to finalize program rules and requirements.
Adult-use cannabis sales in Rhode Island have increased steadily each month since the state launched its recreational program one year ago, but medical marijuana sales declined.
Hawaii Attorney general Anne Lopez has submitted a comprehensive proposal to create a framework for establishing a retail market for adult-use cannabis in the state.
The mother of a Trulieve Cannabis Corp. cultivation employee who died in January 2022 after collapsing at work filed a wrongful death lawsuit against the company, according to court records.
