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Quebec cannabis retailer SQDC reports income of CA$40.5 million

Quebec’s government-operated marijuana retailer, Société québécoise du cannabis, reported income of 40.5 million Canadian dollars ($28.6 million) for its fiscal third quarter, which ended Jan. 4.

News February 14
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Chinese marijuana vape-tech giant ran illegal monopoly, lawsuit claims

Marijuana vape maker Shenzhen Smoore Technology orchestrated an illegal monopoly to squash competition, a new class action lawsuit claims.

News February 14
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Germany’s cannabis market is evolving, but elections loom

German voters will decide Feb. 23 between the Social Democratic Party and the Christian Democratic Union. If voters choose the CDU, cannabis reforms could slow or even be reversed.

News February 14
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Oregon marijuana businesses challenge voter-approved pro-labor law

Two Oregon marijuana businesses have filed a lawsuit challenging a law approved by voters in November requiring operators to enter labor peace agreements.

News February 13
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Some in cannabis industry hopeful after Kennedy confirmed as health secretary

Cannabis interests struck a hopeful note as the U.S. Senate on Thursday confirmed Robert F. Kennedy Jr. as the next health secretary on a mostly party line vote.

News February 13
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Ohio recreational marijuana sales exceed $319 million in 6 months

Recreational marijuana sales in Ohio hit $319.6 million in the six months since adult use launched in August - far more than the $14.5 million taken in by the state's…

News February 13
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Cannabis testing lab fraud can be curbed if industry is ‘part of the solution’

To eliminate testing lab fraud, the cannabis industry needs to say, "We're not OK with doing this, and let's be part of the solution."

News February 13
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Marijuana financier Chicago Atlantic BDC secures $100 million credit line

Marijuana business financier Chicago Atlantic BDC closed a $100 million senior secured revolving credit line led by a Federal Deposit Insurance Corp.-insured financial firm.

News February 12
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Massachusetts renews cannabis tracking contract with Metrc

Massachusetts renewed its contract with cannabis seed-to-sale software provider Metrc, an agreement the parties have had since the state’s first adult-use stores opened in 2018.

News February 12
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