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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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Legal hemp operators claim they’re victims in New York marijuana crackdown

New York law enforcement and marijuana regulators are raiding and closing licensed hemp shops under the guise of a statewide crackdown on illicit marijuana sales, according to claims made in…

News August 26
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Republican infighting in Missouri hampering hemp-derived THC ban

An executive order to ban hemp-derived THC products in Missouri is being undermined by the secretary of state, Gov. Mike Parson claims.

News August 23
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The Cannabist Co. selling Florida medical marijuana grows, dispensaries for $16.4M

New York-based The Cannabist Co. is selling all 14 of its Florida medical marijuana dispensaries and three cultivation facilities for $16.4 million in two separate deals involving three multistate operators.

News August 23
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Nevada reissues 6 permits for cannabis consumption lounges after hiccup

After a nearly 2-year-long process, Nevada regulators issued six prospective licenses via lottery to marijuana consumption lounge applicants.

News August 23
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