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SNDL acquires Delta 9 Cannabis debt for CA$28.1 million, agrees to buy Indiva

Canadian marijuana and alcohol company SNDL has acquired the debt of Delta 9 Cannabis for 28.1 Canadian dollars ($20.6 million) and entered a stalking-horse agreement to purchase distressed edibles maker…

News July 8
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Maryland’s total marijuana sales surpass $1 billion in first year of adult use

Since Maryland’s adult-use cannabis market launched on July 1, 2023, state-licensed retailers have sold more than $1.1 billion in medical and recreational marijuana.

News July 8
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California cannabis operators pivot to comply with new vape law

California brands and retailers are implementing new vape packaging and disposal initiatives in response to a newly enacted state law.

News July 8
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Judge keeps Alabama medical marijuana licensing on hold

An Alabama judge has extended a temporary restraining order on the issuance of medical marijuana business licenses in yet another delay to the market's launch.

News July 5
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Nevada deems 60% of cannabis social equity lounge applicants ineligible

The Nevada Cannabis Compliance Board has notified six of 10 applicants for social equity consumption lounge licenses that they failed to advance to the next stage in the process.

News July 5
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Marijuana MSO 4Front appoints co-founder Krane to board chair

Arizona-based 4Front Ventures, a vertically integrated, marijuana multistate operator, promoted current director Kris Krane to board chair.

News July 5
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Republican opposition defeats North Carolina medical cannabis again

For the third straight year, a proposal to legalize medical cannabis has failed in the North Carolina Legislature.

News July 5
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What tax deductions will be available to marijuana companies if 280E disappears?

Marijuana rescheduling would liberate plant-touching companies from 280E, which prohibits businesses from deducting ordinary expenses.

News July 5
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New Connecticut law restricts THC beverage sales to liquor, cannabis stores

Sales of THC-infused beverages in Connecticut now will be allowed only at state-licensed liquor stores and cannabis retailers.

News July 3
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