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Canadian licensed cannabis producers in hot water over ‘dumping’ allegations – again
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Applicants from outside Minnesota seek adult-use marijuana social equity licenses
Almost half the applicants for marijuana social equity licenses in Minnesota don’t live in the state.
News August 20
Cannabis company TerrAscend to repurchase $10 million in shares
The board of TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, authorized management to repurchase $10 million of its common shares over the next 12 months.
News August 20
Ohio marijuana retailers double sales after adult-use market launch
Ohio experienced a threefold increase in revenue in the days after launching adult-use marijuana sales, and, two weeks later, sales are still double the pre-rec numbers, according to Headset.
News August 20
AFC Gamma provides credit totaling $18 million to 3 cannabis operators
AFC Gamma, a real estate investment trust, has set up or expanded credit facilities totaling more than $18 million for three cannabis companies.
News August 19
Approved and pending marijuana licenses rise in US for first time in 2 years
The number of pending and approved marijuana business licenses in the United States increased 21% during the second quarter of 2024.
News August 19
Court ruling threatens New York’s illicit cannabis crackdown
A recent court ruling is jeopardizing New York's crackdown on illicit cannabis sellers that Gov. Kathy Hochul and other officials have credited with rescuing the state’s struggling legal marijuana market.
News August 19
California hemp fight signals long-term struggle with marijuana
The battle in California over how to regulate intoxicating hemp products exemplifies the issue facing regulated marijuana markets across the United States.
News August 19
David Klein retiring as CEO of Canadian cannabis operator Canopy Growth
David Klein, who joined Canopy Growth Corp. as CEO in 2020, will retire at the end of company’s current fiscal year, on March 31, 2025.
News August 16
California hemp stakeholders celebrate as restrictions are scuttled – for now
California hemp interests are celebrating after a push by marijuana regulators and the governor to strictly regulate intoxicating hemp-derived cannabinoids under state law failed in the Legislature.
News August 16
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