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What to do when your marijuana business goes up in smoke

Bankruptcy hasn’t been an option for most marijuana companies, but restrictions do not apply to Chapter 15, or…

News July 12
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Illinois races to $1 billion in cannabis sales faster this year than in 2023

Total cannabis sales in Illinois surpassed $1 billion for the second consecutive year. But it happened faster this…

News July 11
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New York touts legal marijuana sales spike as new licenses issued

New York state’s ongoing quest to squash the illicit market and rescue its failed adult-use cannabis launch continued…

News July 11
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Cannabis tech provider Lucid Green raises $1.4 million for expansion

Lucid Green, a cannabis supply-chain service provider based in New York, said it has raised $1.4 million to…

News July 11
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Canadian hemp license numbers decline for third straight year

Active Canadian hemp licenses declined for the third year in a row with all provinces or territories showing…

News July 11
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Congress asks FDA for hemp-derived cannabinoid powers in spending bill

An influential Republican-controlled House of Representatives committee passed a spending bill on Wednesday that addresses the proliferation of…

News July 10
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Arkansas medical cannabis sales down $5.5 million in first half of 2024

Medical cannabis dispensaries in Arkansas recorded $135.5 million in sales from Jan. 1 to June 30 this year,…

News July 10
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House Republicans pass budget bill that would block marijuana rescheduling

A committee in the Republican-controlled U.S. House of Representatives passed a budget bill on Tuesday that would disrupt…

News July 10
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Florida’s Libertarian Party backs ballot measure legalizing adult-use cannabis

The Libertarian Party of Florida is throwing its weight behind a November ballot measure that would legalize adult-use…

News July 10
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