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Alabama bill to create medical cannabis study group advances

The Alabama Legislature might create a medical marijuana study commission that could recommend legislation for next year. The proposal is a compromise after a Senate-passed bill to legalize medical marijuana…

News May 31
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Oregon marijuana regulators could soon have the ability to deny new grow licenses

Oregon’s oversupply of cannabis has prompted lawmakers to attempt to give the Oregon Liquor Control Commission more leeway to deny new cultivation licenses based on supply and demand. A bill that passed…

News May 31
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Cannabis firm Harvest Health sales soar, losses widen as company expands

Arizona-based Harvest Health & Recreation saw its revenue spike more than 131% in the first quarter to $19.2 million, compared with $8.3 million in the same quarter last year.

News May 31
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Week in Review: IL adult-use and NJ medical cannabis legislative moves, Harvard MMJ research & more

The Illinois Senate passes a recreational cannabis sales and taxation bill, an expansion of New Jersey's medical marijuana program advances, Harvard and Canadian MJ firm Atlas sign a medical research…

News May 31
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Marijuana retailer Planet 13 reports Q1 revenue of $13.8 million

Planet 13, a Nevada-based company that runs what is said to be the largest cannabis entertainment center in the world, reported first-quarter revenue of $13.8 million, compared with $3.6 million…

News May 30
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California legislator scraps bill to hike number of cannabis retail licenses

California Assemblyman Phil Ting has shelved a measure to increase the number of marijuana retail licenses in the state, having lacked the two-thirds vote he needed to pass the bill. Assembly…

News May 30
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Green Thumb reports $27.9 million in quarterly marijuana revenue

Green Thumb Industries, a Chicago-based multistate cannabis company, reported revenue of $27.9 million for its first quarter, up from $10.9 million in the same period last year.

News May 30
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New Jersey Senate votes to advance medical cannabis expansion bill

The New Jersey Senate voted 33-4 on Thursday to advance a bill that would boost medical marijuana sales and create new business opportunities in the state.

News May 30
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Arizona law firm ordered to pay $150K for meritless marijuana suit

Arizona’s highest court has concurred that a Phoenix law firm must pay roughly $150,000 in legal fees for filing a frivolous lawsuit against the town of Snowflake and Copperstate Farms,…

News May 30
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