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Image of the entrance to Bright Green.'s 22-acre agricultural facility in Grants, New Mexico.

Marijuana cultivator Bright Green to file for bankruptcy protection

Marijuana cultivator Bright Green Corp. plans to file for Chapter 11 bankruptcy reorganization after reaching an agreement with major shareholder Lynn Stockwell, who will become the company’s new CEO and…

News January 31
Image of Metrc seed-to-sale tags at a Missouri cultivation facility

When can cannabis businesses challenge compliance standards? 

For a cannabis business, one potential risk of new product development is that state regulators will determine the new product does not comply with existing standards.

News January 31
Image of the bright sun hovering over a field of cannabis.

Scotts Miracle-Gro to spin off marijuana arm Hawthorne into separate business

The Scotts Miracle-Gro Co. plans to spin off its marijuana unit, Hawthorne Gardening Co., into a stand-alone operation - a move company executives believe will make the entity “more valuable.”

News January 30
Image of the Lock Ruin, an unfinished canal lock staircase, in Leuna, Germany

Aurora delivers its first medical cannabis crop in Germany

Canadian producer Aurora Cannabis has delivered its first flower product in Germany’s growing medical marijuana market.

News January 30
Image of a cash register drawer

Ohio recreational marijuana market already showing signs of price contraction

Products in Ohio’s recreational marijuana market are showing signs of price contraction only five months after sales began.

News January 30
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South Dakota lawmaker moves to repeal state’s medical cannabis law

After South Dakota's Election Day defeat of adult-use legalization, an emboldened lawmaker is moving to repeal the state's medical cannabis law.

News January 29
Aerial image of downtown Colorado Springs with Pikes Peak in the background

Key Colorado city aims to overturn voter-approved recreational marijuana

Colorado’s second-most-populated city will hold a special election in April to overturn a recreational marijuana legalization measure that voters approved in November.

News January 29
Image of Sundie Seefried

Sundie Seefried, CEO of Safe Harbor cannabis financial services firm, is retiring

Business transformation expert Terry Mendez will become CEO of Safe Harbor Financial after Sundie Seefried retires from the cannabis financial services company in the next 30 days.

News January 29
Image of Philadelphia's Center City emerging from fog

Pennsylvania budget crisis boosts state’s adult-use marijuana legalization chances

A budget crisis could make Pennsylvania the next state to legalize adult-use marijuana.

News January 29
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