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Story Cannabis CEO Jason Vedadi (Courtesy photo)

The cannabis CEO behind a $2.1 billion sale bets again, but smaller

After selling Harvest to Trulieve for $2.1 billion, Jason Vedadi runs Story Cannabis, betting on profit over footprint as rescheduling looms.

News July 23
Image of Steven Preece in Rair Co.'s production facility

Bankrupt marijuana MSO Cannabist breakup continues with New Jersey cultivation closure, retail selloff

Two cannabis cultivation sites in New Jersey operated by The Cannabist Co. will close while another three retailers will be sold to competitor Vireo Growth as part of bankruptcy proceedings.

News July 22
Image of a California hemp field

Bipartisan effort to save (and tax) hemp THC products introduced in Congress

A proposal introduced in Congress on Wednesday would regulate and tax hemp THC products under federal law, but the hemp THC ban is still approaching for now.

News July 22
Image of budtenders helping customers

Massachusetts adult-use marijuana sales repeal advances to November ballot

The Massachusetts marijuana repeal question threatens the state's $1.65 billion adult-use cannabis market.

News July 22
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Voice of the Plant: Genetics are the cannabis industry’s greatest asset – act accordingly

Cannabis operators need to adapt strategies to preserve their companies' most irreplaceable asset: their genetics.

News July 22
Image of a customer making a purchase at a cannabis retailer.

Significant jump in unit sales at Illinois cannabis retailers

The pace accelerated from 7.3% growth during the same period a year earlier, but prices are sliding as value brands lead the way.

News July 21
Image of cannabis gummies intermingled with flower, marijuana leaves

Oklahoma cannabis operators say new child-safe edibles rules are confusing, unclear

New rules banning packaging for Oklahoma marijuana edibles that's deemed "attractive to children" are sowing confusion among cannabis operators, who say the rules are ambiguous and erratically enforced.

News July 21
Image of cannabis leaf and seeds

Why the federal hemp ban threatens cannabis seed banks – and your favorite genetics

Any cannabis business concerned with seeds, clones or other genetics has until November to shore up their business plan to comply with new federal regulations.

News July 21
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THC potency inflation, lab shopping continuing in Oklahoma cannabis

Oklahoma marijuana authorities haven't yet opened their cannabis testing laboratory. In the meantime, major problems continue to flourish.

News July 20
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