DC’s medical marijuana market set for shake-up as ‘gifting’ shops transition
Medical marijuana dispensaries are multiplying rapidly in Washington, D.C., as regulators convert “gifting” shops that were operating under Initiative 71.
What’s causing the decline in M&A activity in the cannabis industry?
Mergers and acquisitions in the cannabis industry in 2024 totaled $1.169 billion, a decrease of $579 million – or 33% – from the $1.749 billion of industry M&A the previous year, according to Viridian Capital Advisors.
Maryland’s high-demand marijuana market undermined by restrictions, delays
The rollout of Maryland’s social equity marijuana program has faced significant delays, with none of the businesses open nearly a year after they were awarded licenses.
MariMed closes $11 million acquisition of Delaware marijuana company
Massachusetts-based marijuana multistate operator MariMed has closed on its $11 million acquisition of First State Compassion Center in Delaware.
Is women’s health the key to reviving the cannabis industry?
Many U.S. states have embraced medical cannabis as a treatment for various ailments, yet women’s health issues remain largely overlooked as qualifying conditions by many MMJ programs.
Maryland lawmakers introduce restrictive bills for cannabis consumption lounges
Maryland legislators have introduced two complementary bills to establish rules and regulations for cannabis consumption lounges.
New York marijuana social equity chief exits to head Maryland regulatory agency
Tabatha Robinson, a top official at New York’s Office of Cannabis Management, has been chosen to diversify a $1 billion market as leader of the Maryland Cannabis Administration.
