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Canadian cannabis producer Canopy Growth shuts ESG unit in latest layoffs

Canopy Growth Corp. dissolved the Social Impact and Advocacy team, which led the company's environmental, social and governance…

News May 20
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Marijuana MSO Ascend Wellness borrows additional $36.5 million

Marijuana multistate operator Ascend Wellness Holdings tacked on $36.5 million of additional borrowing to its existing senior secured…

News May 20
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Massachusetts House votes in favor of reforming cannabis social equity

Lawmakers in the Massachusetts House joined their Senate counterparts in approving legislation to promote greater diversity in the…

News May 19
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$140 million Colorado marijuana ownership dispute revived by judge

A Denver judge has thrown out a $140 million arbitration award granted to founders Josh Ginsberg and Rhett…

News May 19
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Cresco Labs secures $38 million tax breaks for New York cannabis facility

Multistate operator Cresco Labs succeeded in its push to get $38 million in tax breaks for a planned…

News May 19
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California gov’s marijuana tax plan fails to fix key problems, industry officials say

California Gov. Gavin Newsom's proposal to eliminate the state cultivation tax on marijuana is a welcome move, according…

News May 19
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Canopy inks option deal to buy CA cannabis extractor for at least $69M

Smiths Falls, Ontario’s Canopy Growth Corp. entered a deal giving it the right to buy California-based Jetty Extracts…

News May 18
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Actor Sacha Baron Cohen drops lawsuit over ‘Borat’ marijuana billboard

Actor Sacha Baron Cohen dropped a lawsuit against Massachusetts marijuana cultivator and retailer Solar Therapeutics, which featured his…

News May 18
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Opinion: Financing challenges continue to plague mainstream cannabis industry

Financing challenges are at the top of a long list of growing pains cannabis companies are facing.

News May 18
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