Missouri cracks down on hemp THC retailers ahead of federal ban
Missouri authorities are cracking down on the state’s estimated $1 billion unregulated hemp THC market. State Attorney General Catherine Hanaway on Monday sent cease-and-desist letters to dozens of retailers across the state that she accused of “illegal...
Georgia poised to add more cannabis permits under MMJ expansion
Georgia’s small medical cannabis market promises strong growth if Gov. Brian Kemp signs an MMJ expansion proposal lawmakers sent to his desk this week. The changes in Senate Bill 220, approved by the state House of Representatives on Monday, are expected to finally...
Cannabis MSO PharmaCann closes another cultivation facility
Chicago-based cannabis multistate operator PharmaCann is closing another cultivation operation, according to a federally mandated layoff notice. Sixty workers will lose their jobs when PharmaCann’s Olyphant, Pennsylvania cultivation and manufacturing site closes...
Debt dominates cannabis capital raises as equity deals dry up
Once a beacon of rapid growth and awash in investment, the cannabis industry is now struggling with a persistent need for capital. It’s good news for certain lenders, but for small to midsize operators seeking to raise cash to stay afloat or enter new or...
Scathing audit for Alabama medical marijuana authority on eve of market launch
Alabama’s beleaguered Medical Cannabis Commission failed to follow state procedure and open-meetings laws, overpaid an outside law firm by $204,000 and didn’t maintain records properly, a recent state audit found. The audit comes at an awkward time – just weeks before...
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...Featured
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