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Oklahoma medical marijuana supply far exceeds demand, report says
Supply in Oklahoma’s medical marijuana market is at least 32 times higher than patient demand, helping fuel underground…
News June 26
Cannabis operator TerrAscend ups private placement to $20 million
North American cannabis multistate operator TerrAscend is increasing its previously announced equity and debenture offering from $15 million…
News June 26
Marijuana MSO Ayr Wellness to defer paying $69 million in debt obligations
Multistate marijuana company Ayr Wellness has reached agreements to defer by two years principal or amortization payments on…
News June 26
Canadian panel urges bigger role for First Nations in cannabis industry
A Canadian Senate committee is urging the federal government to revise the county’s adult-use cannabis law to give…
News June 26
Tennessee to impose 6% tax on CBD, delta-8 THC products
Products containing hemp-derived cannabinoids sold in Tennessee will be subject to a 6% “privilege” sales tax beginning July…
News June 26
Metrc renews cannabis track-and-trace contract with Ohio
Cannabis software company Metrc renewed its contract with the state of Ohio to provide seed-to-sale tracking services for…
News June 23
Marijuana company Tilray closes Hexo acquisition, eyes cost savings
Cannabis and beverage alcohol company Tilray Brands has closed its acquisition of Canadian cannabis producer Hexo Corp., creating…
News June 23
Less than 25% of US cannabis operators profitable, study finds
Only 24.4% of businesses in the U.S. cannabis sector report they are profitable, according to a new report…
News June 23
Marijuana producer Canopy reports CA$3.3 billion annual loss
Cannabis producer Canopy Growth reported a net loss of 3.3 billion Canadian dollars ($2.5 billion) for its fiscal…
News June 23Featured
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