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Receiver appointed for Red White & Bloom cannabis subsidiary in Michigan
A Michigan circuit court has appointed a receiver for the assets of PharmaCo, a property of Canada-based cannabis…
News January 9Opportunities abound with distressed marijuana businesses – but use caution
Because there is a dwindling number of states that haven’t legalized medical and/or recreational marijuana, it is easy…
News January 9Judge nixes GTI plans to open medical cannabis stores at Circle Ks in Florida
A Florida administrative law judge has upheld a 2022 decision by regulators to reject a plan by multistate…
News January 8California bill would end hemp-derived THC ban – but with limits
Products with limited amounts of hemp-derived THC would be legal in California again under a bill recently introduced…
News January 8Cannabis financial services firm Safe Harbor cuts $1.2M liability in new deal
Cannabis industry finance company Safe Harbor Financial has eliminated $1.2 million of indemnity liability through a four-year extension…
News January 8Colorado shut out of marijuana rescheduling hearings by ‘biased’ DEA, filing alleges
The U.S. Drug Enforcement Administration rejected a September request from Colorado officials to participate in the United States'…
News January 8Ohio recreational cannabis sales surpass $242 million in 2024
Ohio recreational cannabis retailers recorded $242.2 million in sales in 2024 - only five months after the state…
News January 7Finance experts mixed on prospects of marijuana capital infusion post-rescheduling
Finance experts disagree over the validity of rumors about a "wall of capital" entering the cannabis sector if…
News January 7Agrify sells cannabis cultivation business for $7 million
Cannabis company Agrify Corp. on Monday announced a deal to sell its cultivation operation for $7 million to…
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