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California bill would derail planned marijuana tax increase of up to 25%
A California lawmaker wants to cancel a scheduled increase in the state’s marijuana excise tax of nearly 25% that many operators say would be ruinous.
News February 25Medical cannabis registries show steep decline after launch of adult-use sales
The expansion of adult-use cannabis sales means a concentration of certain well-performing products for retailers and less access to full-spectrum cannabis stock-keeping units for MMJ patients.
News February 25Deal struck in bankruptcy of California marijuana operator Unrivaled Brands
Unrivaled Brands, a once-prominent subsidiary of California marijuana company Blüm Holdings, has reached a deal to settle litigation with creditors as part of bankruptcy proceedings.
News February 24What will Germany’s election outcome mean for nation’s cannabis industry?
Conservative leader Friedrich Merz’s election victory in Germany could result in a potential slowdown or reversal of the European Union nation's recent cannabis reform as his party has previously opposed…
News February 24California workers for marijuana operator Eaze secure 3-year bargaining pact
Nearly 500 California-based workers at marijuana operator Eaze have ratified a new three-year collective bargaining agreement.
News February 24Cannabis MSO Jushi benefiting from little-used IRS tax-credit program
The IRS owes Jushi Holdings about $6 million in Employee Retention Credit (ERC) claims, but the cannabis multistate operator didn't want to wait for it.
News February 24Marijuana company involved in Missouri’s huge recall loses final license appeal
Missouri marijuana processor Delta Extraction has lost its final appeal, resulting in the termination of its business license after its role in a massive 2023 product recall.
News February 21New Jersey regulators adjust cannabis testing lab requirements
In the next few months, cannabis testing labs in New Jersey will be subject to new labeling requirements and must obey new action limits under recently approved rules.
News February 21West Virginia marijuana operator Harvest Care secures $4 million refinancing deal
Marijuana operator Harvest Care Medical closed on a $4 million refinancing deal geared toward supporting its growth in West Virginia.
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