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Tilray seeks to raise $250 million for US marijuana acquisitions

Canadian cannabis and beverage alcohol company Tilray Brands is preparing for marijuana reform in the United States with plans to raise up to $250 million through an at-the-market (ATM) equity…

News May 22
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California-based marijuana delivery service Eaze faces foreclosure

The largest marijuana delivery company in the biggest regulated U.S. cannabis market is facing financial troubles.

News May 21
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Glass House withdraws defamation suit against Catalyst Cannabis Co.

California marijuana producer and retailer Glass House Brands has withdrawn its defamation lawsuit against Catalyst Cannabis Co.

News May 21
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Clock starts now as DEA publishes marijuana rescheduling proposal

The U.S. Drug Enforcement Administration on Tuesday published its formal proposal to reclassify marijuana as a less dangerous substance under federal law.

News May 21
Image of employee filling vape cartridges at Heylo Cannabis in Seattle

Cannabis industry is heading in the right direction, business operators say

U.S. plant-touching cannabis businesses - such as cultivators, manufacturers and retailers - say the industry is heading in a better direction, even without the impending rescheduling of marijuana.

News May 21
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Nebraska medical marijuana referendum takes key step

Nebraskans for Medical Marijuana says it has obtained the minimum number of signatures needed on two petitions aimed at putting MMJ legalization on the state ballot in November.

News May 20
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Merger of Nature’s Miracle, cannabis tech firm Agrify collapses

"(U)nfavorable market conditions" led to the cancellation of a merger between cannabis technology provider Agrify Corp. and controlled-environment ag-tech firm Nature’s Miracle.

News May 20
Image of Myrtle Driver of the Eastern Band of Cherokee Indians making the first purchase at the Great Smoky Cannabis Co.

Tribally owned marijuana store numbers up 25% since 2023

As of May 2024, there are 57 tribally owned marijuana stores in nine states, roughly 25% more than in January 2023.

News May 20
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Michigan is selling more cannabis, but retailers are taking in less money

Michigan marijuana retailers sold about 9.3% more cannabis in April than in March, but they brought in about 3.5% less money.

News May 17
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