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Q1 cannabis sales in California fall to $1.25B, lowest level since pandemic
First-quarter cannabis sales in California slid to $1,249,584,223, the lowest quarterly total since the onset of the COVID-19…
News May 26Minnesota aims to issue adult-use marijuana retail licenses in 1 year
Minnesota regulators will start issuing adult-use marijuana retail licenses one year from now if they're able to stick…
News May 26Organigram makes THCV investment in US cannabis genetics company Phylos
Canadian producer Organigram Holdings is investing as much as $8 million in Portland, Oregon-based cannabis genetics and seeds…
News May 26Opinion: What Main Street operators need to know about rescheduling or descheduling marijuana
Rescheduling cannabis from Schedule 1 to Schedule 2 would be the worst-case scenario for Main Street marijuana businesses.
News May 26As debt looms, Canadian cannabis company Aleafia starts strategic review
Canadian cannabis producer Aleafia Health has launched a strategic review process to determine the company's options as it…
News May 25Montana governor signs marijuana licensing moratorium extension into law
Montana’s adult-use marijuana industry will remain closed off to new entrants for at least two more years.
News May 25Lowell Farms sells cannabis processing plant for $19 million in leaseback deal
Vertically integrated California cannabis operator Lowell Farms sold its Monterey County processing plant for $19.4 million to New…
News May 25Oregon marijuana retail chain Chalice Farms seeks receivership
Canadian holding company Chalice Brands, doing business as Chalice Farms, filed court documents asking to place five of…
News May 25Unpaid cannabis tax in Canada balloons to almost CA$200 million
The amount of unpaid federal excise tax owed by Canada’s cash-strapped licensed cannabis producers more than tripled in…
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