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Marijuana MSO TerrAscend completes $79 million in debt financing
Marijuana multistate operator TerrAscend Corp. has completed $79 million in debt financing as it exits the Michigan market.
News July 10Cookies owes $8.4 million to partner on San Francisco cannabis store
Prominent cannabis brand Cookies is on the hook to pay its former partner on a failed San Francisco…
News July 9Ohio adult-use marijuana sales top $600 million, doubling MMJ revenue
Ohio adult-use marijuana stores have racked up $600 million in sales since the market launched in Aug. 2024,…
News July 93 states increase cannabis levies as ideal tax rate remains elusive
Three states are raising cannabis taxes this year in response to budget deficits, with more predicted shortfalls looming…
News July 9THC potency inflated in most Colorado marijuana flower, study shows
Most marijuana products in Colorado are mislabeled, with actual THC potency “significantly lower” than the verified lab results,…
News July 8Auxly Cannabis reaches ‘turning point’ with closing of 2 transactions
Auxly Cannabis Group has closed on two transactions intended to reduce the Canadian operator's debt and strengthen its…
News July 8District of Columbia medical marijuana sales soar, but many dispensaries are struggling
While overall medical marijuana sales in Washington, D.C., have nearly doubled since January, dispensaries that converted from “gifting”…
News July 8Massachusetts cannabis testing lab sues state to recover suspended license
A Massachusetts cannabis testing laboratory that lost its license after allegedly failing to report contaminated product is going…
News July 7Kentucky medical marijuana companies sue, alleging program is unconstitutional
A group of medical marijuana companies in Kentucky have filed a lawsuit claiming the rollout of the state’s…
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