by Matt Lamers | Oct 2, 2023 | News
Canadian cannabis producer Tilray Brands has agreed to pay rival producer MediPharm Labs a settlement package worth 9 million Canadian dollars ($6.6 million). The settlement is related to MediPharm’s dispute with Hexo Corp., which Tilray acquired earlier this year....
by Kate Robertson | Oct 2, 2023 | News
Colorado marijuana transport company IDY Distributors and retailer Simply Pure are the first recipients of funding from the state’s Cannabis Business Loan Program. The program awards loans ranging from $50,000 to $150,000 to social equity licensees who often...
by Matt Lamers | Oct 2, 2023 | News
(This is the latest installment in a series about government funding available for Canadian cannabis businesses. The previous installment is available here.) Cannabis-related agricultural businesses based in Alberta are eligible for provincial funding under two...
by Chris Casacchia | Oct 2, 2023 | News
A Texas appeals court has upheld an injunction halting a ban on delta-8 products in the state. The ruling by the 3rd Court of Appeals allows businesses such as Hometown Hero CBD to continue selling delta-8 products in Texas, according to the Dallas Observer....
by Solomon Israel | Oct 2, 2023 | News
Steve White, the president of Trulieve Cannabis Corp., is exiting the company two years after joining the multistate marijuana company through its acquisition of Harvest Health & Recreation. White’s departure has already taken effect, although he will...
by Kevin Huhn | Oct 2, 2023 | News
Dispensary owners in Georgia’s low-THC medical marijuana program have far fewer customers to serve than anticipated after state health officials said they dramatically overstated the number of patients in the program. After previously reporting there were 50,000 MMJ...
by Kate Lavin | Oct 2, 2023 | News
The regulated U.S. cannabis industry is a hot mess. That might be the only thing everyone in the industry agrees on. Right now, there are two markets for cannabis in most of the country: One is the traditional underground market; the other is the state-legal, licensed...
by Kate Robertson | Sep 29, 2023 | News
New details have emerged about the suspension of Massachusetts Cannabis Control Commission Chair Shannon O’Brien, who has filed a lawsuit alleging the punishment is unlawful. Treasurer Deb Goldberg, who appointed O’Brien last year, said in a statement that...
by Matt Lamers | Sep 29, 2023 | News
A startup phase for a pilot program to allow limited cultivation and distribution of adult-use cannabis in the Netherlands is set to launch in December with only two cultivators, the Dutch government disclosed in a letter to Parliament. The program, which is supposed...
by Chris Casacchia | Sep 29, 2023 | News
A powerful former Republican politician and medical marijuana regulator in Michigan was sentenced to nearly five years in federal prison for accepting bribes of more than $110,000 while leading the state’s MMJ licensing board. Rick Johnson, the state’s House...
by Chris Casacchia | Sep 29, 2023 | News
California lawmakers approved several cannabis bills during their recently concluded session, including legislation to help social equity entrepreneurs and consumption lounge operators – plus a measure to impose major limits on labeling. Gov. Gavin Newsom has...
by Chris Casacchia | Sep 28, 2023 | News
Tim Conder, interim CEO of marijuana multistate operator Tilt Holdings since April, has been given the job on a permanent basis. Since taking the interim post after Gary Santo resigned, Condor has aimed to put the Phoenix-based company on a path to profitability....