Marijuana lender AFC Gamma splitting into two companies
Marijuana-sector real estate lender AFC Gamma is splitting off its non-cannabis commercial real estate business into a separate company. The new publicly traded company, which will be called Sunrise Realty Trust, intends to operate as a real estate investment trust...
Cannabis delivery workers at California’s Amuse join Teamsters
More workers at Southern California cannabis delivery company Amuse have joined the International Brotherhood of Teamsters, marking another victory in the labor union’s push to organize legal cannabis workers. Los Angeles-based Teamsters Local 630 said its new...
National law enforcement group urges marijuana rescheduling
A group of reform-minded police chiefs and prosecutors urged the Biden administration in a letter sent Thursday to reclassify marijuana as a less harmful drug under federal law. The Law Enforcement Leaders to Reduce Crime & Incarceration’s membership...
Canadian recreational cannabis sales surpass CA$5 billion in 2023
Canadian recreational cannabis sales were worth 5.07 billion Canadian dollars ($3.8 billion) in 2023, an increase of 12.2% compared to 2022, according to government retail sales data released Thursday. The year-over-year retail trend marks a slowing growth rate for...
Connecticut marijuana sales decline in January amid product shortages
Amid reports of product shortages, adult-use marijuana sales in Connecticut dropped in January for the first time since the market launched in 2023. Data from the Connecticut Department of Consumer Protection (DCP) shows retailers sold more than $15.6 million in...
Cookies sued again by cannabis retail partner in $100 million dispute
Leading cannabis brand Cookies is in a widening legal dispute with its partner in dozens of adult-use marijuana stores. Cookies Retail LLC alleged in a lawsuit filed in California Superior Court in Orange County last month that Cookies breached California franchise...
Marijuana software company Metrc lands Kentucky track-and-trace contract
Florida-based marijuana track-and-trace software company Metrc signed its 25th government contract, this time with the state of Kentucky. ADVERTISEMENT Metrc already has a strong presence in the South, already holding contracts with Alabama, Louisiana, Mississippi and...
Canada launches forum to discuss cannabis industry challenges
Canada’s federal government quietly announced the long-awaited creation of the Cannabis Industry Forum to help the struggling sector address key issues and opportunities – almost two years after first embarking on the initiative. The forum will provide advice to...
Arkansas AG approves ballot measure expanding medical marijuana access
Arkansas’ attorney general has signed off on language for a November ballot initiative that aims to vastly expand the state’s medical marijuana program and opens the door for full legalization. The Tuesday approval clears the way for advocates of The Arkansas...
Opinion: What to consider when buying a Florida medical cannabis business license
With Florida voters deciding whether to legalize adult-use marijuana this fall, medical cannabis business licenses in the state are among the most coveted in the United States. Several Medical Marijuana Treatment Center (MMTC) licenses could be for sale in Florida as...
Arizona lawmakers introduce marijuana interstate commerce bill
Arizona could be the next state to approve interstate commerce for marijuana. Lawmakers recently introduced House Bill 2770, which would allow marijuana products to be sold across state lines, Phoenix TV station KNXV reported. ADVERTISEMENT “What this measure is...Featured
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