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Michigan outlines penalties for violators of marijuana business rules

Marijuana businesses in Michigan now will have a better idea of the penalties they might face for violating state regulations.

News August 8
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Canadian cannabis operator High Tide secures CA$15 million credit line

Canadian cannabis retailer and e-commerce platform provider High Tide has finalized a credit line of 15 million Canadian dollars ($10.9 million) from institutional creditors.

News August 8
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Nonpayment is No. 1 reason marijuana firms fail: Q&A with collection expert Brett Gelfand

Brett Gelfand of Cannabiz Collects and Cannabiz Credit Association offers best practices for plant-touching marijuana companies to break the cycle of debt and business failure.

News August 8
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Connecticut’s cannabis social equity group gets new executive director

The government body that manages social equity activity for Connecticut’s adult-use cannabis market, has a new executive director.

News August 7
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Marijuana MSO Jushi refinances $53 million loan

Jushi Holdings, a vertically integrated, marijuana multistate operator, refinanced a roughly $53 million senior secured credit facility.

News August 7
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Missouri regulators recall 2,600 cannabis products over improper testing

Missouri regulators recalled more than 2,600 cannabis products after discovering they weren’t properly lab-tested.

News August 7
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Ohio’s adult-use marijuana sales launch gets off to ‘really special’ start

Dozens of medical cannabis dispensaries in Ohio on Tuesday began selling adult-use marijuana products, ushering in a new era for the state and another potential billion-dollar market in the Midwest.

News August 7
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Oklahoma suspends cannabis processor for health violations, evading tracking

Oklahoma regulators suspended a major medical cannabis processor in the state for public-health and safety violations, including failing to accurately track products.

News August 6
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Harris’ vice president pick, Tim Walz, means a pro-marijuana Democratic ticket

Democratic presidential nominee Kamala Harris’ selection of Minnesota Gov. Tim Walz as her vice president on Tuesday is encouraging news for the $36 billion U.S. marijuana industry, advocates.

News August 6
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