Canadian report details troubles plaguing nation’s cannabis industry
A preliminary report by a government-appointed panel of experts analyzing Canada’s adult-use legalization law paints a bleak picture of the nation’s 5.6 billion Canadian dollar ($4 billion-plus) cannabis industry, documenting significant bankruptcies, major...
Colorado marijuana sales surpass $15 billion since adult-use legalization
Colorado marijuana sales surpassed the $15 billion mark in August – a milestone since legal adult-use sales launched in the state in 2014. ADVERTISEMENT Figures from Colorado’s Department of Revenue for August show that recreational and medical marijuana...
Cannabis seed-to-sale software giant Metrc pivots focus to companies
(The map has been updated to properly identify Minnesota.) If you call seed-to-sale tracking provider Metrc’s customer service line on a Friday, there’s a chance you’ll be speaking directly to the company’s CEO, Michael Johnson. Johnson, who was appointed CEO of the...
Missouri marijuana retailers challenging local taxes
In a growing legal fight that many predicted, two marijuana companies in Missouri are suing to overturn local taxes they argue are unconstitutional. Adult-use sales began in February in Missouri, where cannabis buyers pay a 6% state tax – one of the lowest rates...
Kentucky medical cannabis law will take effect in 2025
Kentucky’s new medical cannabis law won’t take effect until 2025, according to Gov. Andy Beshear. In making that announcement, Beshear also said that Sam Flynn will serve as the executive director of the medical cannabis program, according to Louisville TV...
Connecticut marijuana sales set monthly record as adult-use prices decline
Monthly sales of regulated adult-use and medical marijuana surpassed $25 million in September, a monthly record since recreational sales launched in January. The monthly total includes nearly $14.4 million in adult-use cannabis sales and $10.8 million in medical...
Canadian cannabis farms eligible for federal funding via CA$3.5B program
(This is the latest installment in a series about government funding available for Canadian cannabis businesses. The previous installment is available here.) Canadian cannabis growers and processors are eligible to apply for funding under the new 3.5 billion Canadian...
Alaska marijuana regulator to oversee some hemp-derived products
Certain hemp-derived products in Alaska will now be regulated by the state’s marijuana regulatory agency under new rules passed by lawmakers. The change doesn’t affect all hemp products, only derivatives containing intoxicating delta-8 or delta-9 THC as...
Mold, labeling issues prompt cannabis recalls in Canada
Thousands of cannabis products have been recalled in Canada since the beginning of September by a number of licensed producers over issues ranging from potentially harmful mold to mislabeled packages. The most recent recall involves Port Elgin, Ontario-based licensed...
Major Ohio business groups oppose adult-use marijuana legalization
Several influential Ohio business organizations are asking the state’s voters to oppose an adult-use marijuana legalization measure on next month’s ballot. Ohio could become the 24th state to legalize recreational cannabis if voters approve Issue 2, which...
US cannabis company Curaleaf moves to list shares on Canada’s TSX
Cannabis multistate operator Curaleaf Holdings is following through with its previously announced plan to list on the Toronto Stock Exchange, a step up from its current listing on the more junior Canadian Securities Exchange. In particular, the New York-based...Featured
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