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Canadian cannabis operator SNDL implements restructuring plan

Canadian cannabis and alcohol company SNDL is implementing wide-ranging cost-cutting measures to reduce expenses and improve efficiencies.

News July 16
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Unknown compounds found in marijuana testing samples, lab owners say

There’s evidence some marijuana samples submitted for testing contain a mysterious “soup” of dozens of unknown compounds never before found in cannabis, lab owners say.

News July 16
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Cannabis MSO Ascend seeks ‘financial flexibility’ via $235M private placement

Cannabis multistate operator Ascend Wellness Holdings said it's received commitments to raise $235 million in a private placement.

News July 15
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Pennsylvania budget doesn’t include adult-use marijuana legalization

Pennsylvania state lawmakers passed an annual budget without the adult-use marijuana legalization - and accompanying revenue - that the governor had planned for.

News July 15
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Germany approves first ‘cultivation social club’ for cannabis

Germany entered a new era for cannabis when the government of Lower Saxony, the country’s second-most-populous of 16 federal states, approved its first so-called "cultivation social club."

News July 15
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Curaleaf joins marijuana multistate operators pivoting to hemp-derived THC

Curaleaf Holdings almost exited hemp but instead decided to go all in, joining a growing trend among marijuana multistate operators.

News July 15
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Metrc secures $113M cannabis track-and-trace contract extension in California

California's cannabis regulatory agency has extended the state's contract with Florida-based marijuana track-and-trace software company Metrc.

News July 12
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Colorado medical marijuana patient numbers hit new low

The number of medical marijuana patients in Colorado is the lowest it’s been since 2014, when adult-use sales in the state began.

News July 12
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District of Columbia launches crackdown on unlicensed cannabis operators

Authorities in Washington, D.C., have launched a widening crackdown on unlicensed cannabis operators.

News July 12
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