by Kate Lavin | Dec 26, 2023 | News
(This story appears in the upcoming January-February issue of MJBizMagazine.) When then-U.S. Sen. Tim Walz announced his support for legalizing adult-use marijuana while campaigning in 2018 to become Minnesota’s next governor, Leili Fatehi and Laura Monn Ginsburg knew...
by Roger Fillion | Dec 21, 2023 | News
New York regulators are facing yet another lawsuit aimed at stopping them from issuing any additional adult-use marijuana licenses. The lawsuit – filed in U.S. District Court in the Northern District of New York by two companies seeking retail licenses –...
by Chris Casacchia | Dec 21, 2023 | News
A letter from California Attorney General Rob Bonta to state regulators all but ended marijuana industry hopes of interstate cannabis commerce. In a 36-page letter sent Dec. 19 to the Department of Cannabis Control (DCC), the state’s chief cannabis regulator, Bonta...
by Kate Robertson | Dec 21, 2023 | News
Alcohol sales aren’t permitted in some stores on Christmas Day and New Year’s Day in Connecticut, but consumers can buy marijuana and gamble. According to West Hartford TV station WVIT, package stores must remain closed on Christmas and New Year’s...
by Matt Lamers | Dec 21, 2023 | News
Canadian sales of recreational cannabis rose to 448.6 million Canadian dollars in October ($336 million), marking a small increase from the previous month and a 15% increase over the same period last year. By comparison, sales fell 6.2% in September on a...
by Solomon Israel | Dec 21, 2023 | News
Combined adult-use and medical marijuana sales in Rhode Island totaled $105 million in the year since recreational retail sales launched in December 2022. The yearlong retail sales total includes $69.8 million in adult-use sales and $35.1 million in medical marijuana...
by Solomon Israel | Dec 21, 2023 | News
Adult-use cannabis sales in Maryland grew to nearly $56 million in November, a 1.5% increase over October. Total cannabis sales, including medical marijuana, reached $89.7 million in November, down 0.4% from October, according to data from the Maryland Cannabis...
by Chris Casacchia | Dec 21, 2023 | News
Delinquent payments are causing a cascade of problems for small and large marijuana operators nationwide, according to a new report by Oregon-based cannabis data and research company Whitney Economics. ADVERTISEMENT Preliminary results from the survey of operators and...
by Matt Lamers | Dec 21, 2023 | News
The Canadian province of Alberta is revamping its regulations to allow cannabis retailers to operate temporary stores at age-gated events such as trade shows and festivals starting next year. Alberta is Canada’s second-largest cannabis retail market, trailing only...
by Chris Roberts | Dec 20, 2023 | News
(This story has been updated to clarify the changes in Pennsylvania law.) Up to 30 new medical marijuana dispensaries could open in Pennsylvania under a bill signed into law by the state’s Democratic governor, a potential expansion of 20%. Under Senate Bill 773...
by Kate Robertson | Dec 20, 2023 | News
Marijuana multistate operator MedMen Enterprises is exiting Arizona and Nevada by selling its assets in those states to privately held MSO Mint Cannabis. The sales are the result of a strategic review by MedMen, according to a news release, and consist of the Los...
by Solomon Israel | Dec 20, 2023 | News
Item 9 Labs Corp., the parent company of marijuana retail franchise business Unity Rd. and Arizona cultivator Item 9 Labs, has retained Sharp Capital Advisors to help sell its business. Phoenix-based Item 9 entered receivership in July. ADVERTISEMENT Item 9 includes...