Creditor bids $109 million for assets of Michigan cannabis company Skymint
Embattled Michigan marijuana cultivator and retailer Skymint, which is in receivership, will auction off its assets.
Legal settlement paves way for marijuana retail licensing in NY region
A settlement between New York cannabis regulators and a Michigan plaintiff will finally open up retail licensing in the Finger Lakes region.
Florida high court to hear challenge to adult-use cannabis legalization
The Florida attorney general’s attempt to halt a heavily bankrolled adult-use marijuana legalization campaign will go before the state Supreme Court and could be heard as soon as June.
Manitoba repeals 6% retail levy on legal marijuana sales
Manitoba has repealed a requirement for legal cannabis retailers to pay a 6% “social responsibility fee” based on their gross annual sales to the province.
Proposed Missouri zip codes for marijuana microbusinesses under fire
Social equity advocates in Missouri are questioning the validity of numerous zip codes submitted by law enforcement that would qualify residents to apply for cannabis microbusiness licenses.
Marijuana producer Canopy buying 20% of Indiva
Canadian cannabis producer Canopy Growth has reached a deal to acquire a 19.99% stake in edibles maker Indiva, while also gaining control of all distribution and sales of Wana branded products in Canada.
Minnesota governor signs adult-use marijuana legalization bill into law
Minnesota became the 23rd state in the U.S. to legalize adult-use marijuana after Gov. Tim Walz signed a unique legalization bill into law Tuesday that also permits the sale of hemp-derived cannabinoids such as delta-8 THC.
