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Bidders circling with assets of marijuana brand High Times in receivership

Brokers handling the asset sale of cash-strapped marijuana brand and publication High Times are nearing a deal to unload its West Hollywood store.

News May 8
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Florida Republicans officially oppose adult-use cannabis legalization

The executive board of the Republican Party of Florida voted to oppose the state's ballot initiative to legalize adult-use cannabis.

News May 7
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Canopy USA exercises options to acquire Jetty, Wana marijuana companies

Canopy USA, the U.S.-domiciled holding company of Canadian cannabis company Canopy Growth Corp., exercised its options to acquire Jetty Extracts, a California-based extraction brand and vape technology company, and Wana…

News May 7
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Wholesale cannabis prices beating expectations for 2024

Wholesale cannabis prices are still declining in some state markets but have performed better than expected overall over the past year.

News May 7
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Delaware releases proposed regulations for adult-use marijuana sales

Marijuana operators, other stakeholders and the general public in Delaware have until June 3 to weigh in on a litany of proposed business rules and regulations related to the rollout…

News May 6
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Missouri municipalities may ‘stack’ taxes on cannabis operators, judge says

Municipal governments in Missouri may stack additional taxes on adult-use cannabis sales on top of the 6% state tax, according to a judge's ruling.

News May 6
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Illinois issues 35 conditional social equity adult-use marijuana licenses

Illinois has issued 35 more conditional adult-use retail licenses to social equity applicants.

News May 6
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Canada’s medical cannabis exports jump to CA$220 million as domestic sales fall

Canadian exports of medical cannabis hit an all-time high last year as the county’s licensed producers continue to diversify from the competitive local market in favor of pursuing top-line opportunities…

News May 6
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New Mexico cannabis operator reports more seizures by Border Patrol

U.S. Customs and Border Protection agents seized more than $90,000 worth of marijuana products from state-licensed cannabis operators in New Mexico during two separate stops this week.

News May 3
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