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California seizes 2.2 million illicit cannabis packages in Los Angeles Toy District raid

California authorities seized 2.2 million illicit cannabis packages -many designed to appeal to children - during a sting operation in downtown Los Angeles' Toy District.

News August 15
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Marijuana MSOs set up high-risk fight with IRS over 280E of tax code

Tens of millions of dollars in tax savings and a quick increase in available cash are some of the immediate short-term benefits for the five major marijuana multistate operators that…

News August 15
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Cannabis operator TerrAscend secures $140 million loan

TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term loan from FocusGrowth Asset Management, a leading capital provider to the marijuana…

News August 14
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Florida-based Trulieve hits back over ‘Canadian marijuana company’ claim

Trulieve Cannabis Corp. is the biggest marijuana company in Florida - and, to be clear, it is absolutely a Florida business.

News August 14
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Former cannabis exec pivots to mushroom kits: Q&A with Wonderbags founder Zach Dorsett

Zach Dorsett launched Wonderbags, pre-colonized mycelium substrate that can be sent through the mail, after Colorado’s Natural Medicine Health Act passed.

News August 14
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SNDL agrees to acquire remaining interest in Nova Cannabis

Canadian marijuana producer SNDL will buy the remaining shares of retailer Nova Cannabis for about 40 million Canadian dollars ($29.1 million).

News August 13
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Canada expands hemp and marijuana recall, cites intoxicating cannabinoids

Health Canada updated its June recall of several cannabis oils and softgels in response to "reported adverse reactions."

News August 13
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Delaware recreational cannabis license application window to open next week

The online application window for recreational cannabis business licenses in Delaware will open Aug. 19.

News August 13
Aerial view of Grand Forks, North Dakota

North Dakota adult-use marijuana initiative advances to ballot for third time

For the third time in six years, North Dakota voters will consider whether to legalize adult-use marijuana.

News August 13
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