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December marijuana rescheduling hearing prompts anger, stock sell-off

For the second year running, the $32.1 billion U.S. cannabis industry will head into the Labor Day holiday weekend on the heels of a major milestone in the Biden administration’s…

News August 28
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New York hemp retailers file lawsuit against state regulator, NYC sheriff

Three licensed hemp retailers in New York filed a lawsuit in which they claim their constitutional rights are being violated in the wake of several raids against licensed operators.

News August 27
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Maryland cannabis regulator fines Curio $8,000 for advertising violations

Maryland fined two divisions of cannabis multistate operator Curio Wellness a total of $8,000 for violating state advertising regulations.

News August 27
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Marijuana MSO Ascend appoints new CEO, CFO in leadership shake-up

Two key executives are out at Ascend Wellness Holdings as the New York-based marijuana multistate operator struggles with declining revenue and increased losses.

News August 27
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Value of a cannabis license varies with type, market age

A cannabis business license in one jurisdiction can be a golden ticket to substantial profits. In another, it's just a piece of paper.

News August 27
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DEA: Marijuana rescheduling hearing won’t happen until after general election

Marijuana won’t be downgraded from Schedule 1 to Schedule 3 of the Controlled Substances Act until December at the earliest, according to a U.S. Drug Enforcement Administration notice.

News August 26
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Massachusetts Cannabis Social Equity Trust Fund surpasses $27 million

The Cannabis Social Equity Trust Fund in Massachusetts is flush with more than $27 million, according to a new report.

News August 26
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New York won’t process 2023 adult-use marijuana applications until 2025

New York regulators won’t finish reviewing applications for adult-use marijuana business licenses submitted late last year until 2025.

News August 26
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Arkansas medical cannabis sales down 4% from last year

Medical marijuana sales in Arkansas are down nearly 4% this year compared to the same period in 2023.

News August 26
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