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How cannabis business should navigate marijuana rescheduling after the DEA hearings
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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
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
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
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
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
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
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
What to do when your marijuana business goes up in smoke
Bankruptcy hasn’t been an option for most marijuana companies, but restrictions do not apply to Chapter 15, or foreign, insolvency proceedings.
News July 12
Illinois races to $1 billion in cannabis sales faster this year than in 2023
Total cannabis sales in Illinois surpassed $1 billion for the second consecutive year. But it happened faster this year.
News July 11
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