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Lawsuit alleges marijuana tech firm Tilt Holdings broke law with solicitations

Tilt Holdings, a Massachusetts-based company specializing in cannabis technology, faces a possible class-action lawsuit over its marketing tactics.

News August 23
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California state cannabis tax revenues reflect slow, steady increase in legal market sales

An increase in marijuana tax revenues to California state coffers reveals the legal market’s sales are slowly but steadily increasing, despite ongoing hurdles such as high taxes and unlicensed competition.…

News August 23
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Guam clarifies adult-use marijuana rules ahead of new industry regulations

Guam, a U.S. territory, reminded businesses and consumers that recreational cannabis sales remain prohibited until the new rules to govern the industry are completed. 

News August 23
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New Mexico limits medical cannabis growers to 1,750 plants

Regulators in New Mexico will cap licensed medical marijuana cultivators to 1,750 mature cannabis plants starting next week, a 30% drop from the 2,500 plants allowed under an expiring emergency…

News August 23
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Alaska governor puts marijuana advocate back on state MJ board

Alaska Gov. Mike Dunleavy is bringing back a marijuana advocate to the state cannabis regulatory board, a move welcomed by an industry that successfully fought his attempt to install an…

News August 23
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After slow start, Canada’s recreational marijuana sales reach new high

Adult-use cannabis sales through regulated channels in Canada reached a new high in June after meandering for much of the first half-year of legalization, according to the latest, seasonally adjusted data…

News August 23
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Week in Review: Weedmaps to end its ads for illicit cannabis, FBI probes MJ industry, MO licensing odds & more

Weedmaps plans to cease advertising unlicensed cannabis retailers, the FBI looks into public corruption in the legal marijuana industry, Missouri receives more than 2,000 medical marijuana applications - and more…

News August 23
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Cannabis retailer Green Growth inks first equity raise

Ohio-based Green Growth Brands, which last month agreed to buy a multistate operator that sells both medical and recreational marijuana, completed an initial equity raise for 50.2 million Canadian dollars…

News August 22
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How much is your slice of the marijuana pie worth?

Warrants can align stakeholder incentives with shareholder interests, but they complicate the share count at different valuations and can cloud what you really own.

News August 22
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