US cannabis license numbers decline in Q3 despite rapid growth in emerging markets
The number of active U.S. cannabis business licenses continued to decline through Q3 2024 as established market reductions outpaced emerging market growth.
California cannabis recalls highlight importance of decontamination
With the health of consumers and the profitability of cultivators at stake, a “decontamination step” in the cultivation process can act as a safeguard.
Marijuana firms Eaze, Green Dragon find new life after $10 million capital infusion
Newly rebranded California-based marijuana operator Eaze raised $10 million to acquire select assets of Eaze Technologies, its predecessor company, to fund the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida and Michigan.
Cannabis business leaders cite military lessons as building blocks for success
Known for their discipline, leadership and problem-solving abilities, military veterans are finding a new battlefield in the regulated cannabis industry.
Cannabis MSO Slang Worldwide to dump Colorado assets, enter bankruptcy
After failed efforts to find a deal to restructure its debts, cannabis multistate operator Slang Worldwide is entering receivership to dispose of its Colorado assets and filing for bankruptcy in Canada.
Marijuana operator Green Dragon to cease operations by year-end
Marijuana operator Green Dragon plans to close 17 retail locations in Colorado as well as 39 dispensaries and a grow site in Florida.
Funding shortage for LED rebates leaves cannabis lighting vendors on hook
A rebate program that encouraged indoor growers to switch to LED lights proved so popular that Xcel Energy ran out of money to pay for it.
