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Licensing glut has New Mexico’s legacy marijuana businesses closing, downsizing

Many legacy marijuana businesses in New Mexico are closing or downsizing because the state has issued so many licenses the market is oversaturated.

News September 23
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Cannabis software employee denied visa for work ‘abetting’ US drug law violations

In a test case of the ongoing conflicts between federal and state marijuana statutes, a cannabis software firm wants a U.S. judge to override immigration authorities who denied an employee…

News September 23
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Fourth California marijuana testing lab loses license as crackdown continues

California regulators revoked another commercial marijuana testing laboratory’s license in the past month, public records show.

News September 23
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Martha’s Vineyard cannabis operator Fine Fettle poised for sale

Massachusetts-based Black Harbor Group is positioned to purchase Fine Fettle, a licensed cannabis cultivator and manufacturer located on Martha’s Vineyard in West Tisbury, Massachusetts.

News September 20
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Marijuana cultivator Bright Green’s shares suspended from Nasdaq trading

Bright Green Corp., the first plant-touching marijuana business to trade on a major U.S. stock exchange, said its shares have been suspended from trading on the Nasdaq.

News September 20
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5 strategies to reach financial success in the cannabis industry

From small-town dispensaries to multistate operators, cannabis executives must be particularly savvy with their financial management.

News September 20
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‘Secretive’ Wyoming companies win Missouri marijuana social equity licenses

Applicants for adult-use marijuana social equity business licenses in Missouri are crying foul after it was revealed that nearly half the licenses awarded in the Kansas City area went to…

News September 19
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Cannabis operator Ayr Wellness loses CEO David Goubert

David Goubert resigned as president and CEO of cannabis multistate operator Ayr Wellness.

News September 19
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Second phase of German adult-use marijuana market launch in jeopardy

Germany’s long-anticipated “Pillar 2,” which would launch adult-use marijuana sales as part of a limited-duration pilot project, is in danger of being abandoned, according to elected officials.

News September 19
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