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It’s official: No marijuana banking protections from current Congress

The current session of Congress is poised to end without any progress on major marijuana reform measures, including banking protections.

News December 18
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Weedmaps shares surge after cannabis company proposes going private

The share price of Weedmaps' parent, WM Technology, popped Wednesday morning after its co-founders submitted a proposal to take the California company private.

News December 18
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Marijuana MSO Vireo Growth secures $75 million funding, acquires 4 companies

Marijuana multistate operator Vireo Growth has received $75 million in equity financing and acquired four single-state operators as well as a delivery and analytics platform.

News December 18
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Germany’s adult-use cannabis pilot programs could benefit foreign operators

Companies and scientific institutions could sell adult-use products in Germany under new legislation that allows these groups to seek licenses for cannabis pilot programs.

News December 18
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‘Most conservative’ medical marijuana proposal resurfaces in South Carolina

A South Carolina state senator has reintroduced what he’s called the “most conservative” medical marijuana legalization proposal in the country.

News December 17
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MediPharm inks deal to sell Ontario cannabis operation for $5.5 million

Canadian cannabinoid company MediPharm Labs is selling its manufacturing operation in Ontario for $5.5 million to Kensana Health.

News December 17
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Kentucky awards 12 more medical marijuana dispensary licenses

Kentucky awarded 12 more medical marijuana dispensary licenses through a second lottery, bringing to 48 the number of licensed MMJ sellers.

News December 17
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Ohio adult-use program was only new cannabis market launch in 2024

2024 will go down as one of the quietest years for cannabis market launches.

News December 17
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New Jersey marijuana regulators double fee, will accept first lounge applications

New Jersey social equity cannabis operators will be the first to apply for consumption-lounge licenses beginning Jan. 2, state regulators announced.

News December 16
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