Mass layoffs as cannabis MSO PharmaCann exits Colorado market
Cannabis multistate operator PharmaCann is evidently exiting Colorado after it informed state authorities it will close its Denver cultivation facility. The Chicago-based MSO will lay off 132 workers and shut down one of Colorado’s largest licensed cultivation...
Rhode Island weighs fewer cannabis licenses to avoid market crash
Rhode Island’s recreational cannabis rollout is facing delays and a potential reduction in retail licenses as regulators weigh the risks of market over-saturation. Nearly four years after the state legalized adult-use marijuana, the original plan to issue 24 new...
How US cannabis breeders can protect their IP before legalization
Renowned cannabis breeder James Loud plans to spend the next several years developing cultivars specifically designed for pre-rolls and joints. Cannabis with enhanced shelf life better-suited for prepackaged products should be ideal for the market. The trick is...
Push to repeal New York medical cannabis tax amid ‘crisis’ claims
New York medical cannabis operators and patients are rallying behind a proposal in the state Legislature to repeal the state’s 3.5% excise tax on MMJ. State Sen. Jeremy Cooney, who introduced legislation last year to eliminate the tax on medical cannabis, said...
Cannabis MSO Vireo Growth’s aggressive strategy paying off
Though still not yet profitable, Vireo Growth’s aggressive buying spree appears to have reaped immediate benefits, with recent annual earnings possibly the best in the cannabis industry, according to one analyst. From 2024 to 2025, the Minnesota-based cannabis...
New THC allowance in Trump administration CBD Medicare plan, but no launch date yet
The hemp-derived CBD products that President Donald Trump promised to seniors via a potentially transformative Medicaid pilot program will be allowed to contain more THC than previously thought, according to new reporting Thursday. But while the new details reported...
New limits on Ohio cannabis businesses imposed as hemp THC ban goes live
Nearly all intoxicating hemp THC products in Ohio are illegal starting Friday when a new state law that also limits licensed cannabis businesses takes effect. License caps and THC limits now apply to Ohio’s $1 billion annual cannabis market after a last-ditch...
Ohio cannabis company sued for using branding owned by LeBron James’ agency
A cannabis company in LeBron James’ hometown of Akron, Ohio, is using the name and branding of the basketball superstar’s talent agency to “confuse customers” into thinking the agency is involved, a federal lawsuit filed Monday alleges. Akron-based Klutch Cannabis...
Last call for hemp THC beverages in Ohio bars, restaurants ahead of state ban
Bars and breweries across Ohio are rushing to clear their shelves of hemp THC-infused beverages before a statewide ban takes effect Friday, according to Cincinnati-based Fox affiliate WXIX. Signed into law in December, state Senate Bill 56 made sweeping changes to...
Celebrity cannabis brands continue to perform, but there’s a secret behind the success
Editor’s note: A revenue figure in this article has been removed pending verification of third-party sourcing. It’s no longer enough to slap a celebrity’s name and face on a generic jar of cannabis for operators to sit back and watch sales soar. Over the past...
States move to tighten rules around hemp THC products ahead of federal ban
More states that allow hemp THC beverages and other popular 2018 Farm Bill-compliant products are moving to tighten state rules ahead of a looming federal ban. The Rhode Island Cannabis Control Commission (CCC) wants to halt the sale of THC-infused beverages at...Featured
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