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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 25
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Medical 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 25
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Deal 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 24
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What 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 24
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California 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 24
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Cannabis 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 24
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Marijuana 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 21
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New 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 21
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West 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.

News February 21
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