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Blüm nets $24.8M in sale of California cannabis store amid restructuring

California cannabis company Blüm Holdings has sold its controlling interest in an Orange County store for $24.8 million as part of its restructuring plan.

News June 18
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Colorado sues business that allegedly marketed marijuana as hemp

Colorado's attorney general is suing Greeley-based cannabis product retailer Gee Distributors, which does business as CBDDY, as well as owner Christopher Landon Eoff for allegedly selling marijuana marketed as industrial…

News June 18
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Cannabis vape tech maker accused of illegal monopoly tactics

Illegal monopoly tactics and “abusive litigation” are how a Chinese company became the world’s largest maker of vaporizer devices in the cannabis industry, according to federal court filings.

News June 18
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Ohio operators prep for launch of adult-use marijuana market

Ohio’s transition from a medical marijuana market to one that also offers adult-use sales will not follow the blueprint of other states.

News June 18
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Netherlands’ experiment with legal cannabis cultivation expands

The Netherlands' famous marijuana-selling “coffee shops” can acquire regulated cannabis from licensed growers in eight more cities as an ongoing experiment with legal production expands.

News June 17
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Marijuana MSO The Cannabist Co. exiting Florida in corporate restructuring

The Cannabist Co. on Monday announced a restructuring plan expected to save the marijuana multistate operator $10 million in annual operational expenses.

News June 17
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Cannabis banking protections removed from House budget bill

House Republicans have stripped language containing cannabis banking protections from a federal spending bill, only 10 days after it passed a House of Representatives subcommittee.

News June 17
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Using customized AI, marijuana retailers can analyze sales data in minutes

In one increasingly important area, the marijuana industry is well ahead of other retail consumer segments: utilizing artificial intelligence to make business decisions.

News June 17
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New Hampshire adult-use cannabis legalization effort fails – again

New Hampshire will remain the lone New England market without a regulated adult-use cannabis program after state lawmakers refused to compromise on a controversial legalization bill.

News June 14
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