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FDA approved cannabis: Why Schedule 3 means operators must prepare for pharmaceutical-grade MMJ now
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Canadian cannabis operator SNDL halves annual loss to CA$176.6 million
Alberta cannabis and alcohol company SNDL cut its annual loss in fiscal 2023 in half - to 176.6 million Canadian dollars ($130.5 million) - on strong sales growth.
News March 21Michigan company’s marijuana license revoked over illicit extracts
A Michigan marijuana company is surrendering its processor licenses because it was combining legal and unregulated cannabis in extracts sold in the adult-use and medical markets.
News March 21Intoxicating hemp-derived cannabinoids must be halted, state AGs tell Congress
Congress must act to solve the nationwide “health and safety crisis” posed by the growing intoxicating hemp-derived cannabinoids industry, a bipartisan group of 20 state attorneys general wrote in a…
News March 21Marijuana ETF shutting down not long after launch
Marijuana sector exchange traded fund Subversive Cannabis ETF will close down as of March 28, only half a year after launching.
News March 21280E, new markets and wholesale revenue highlight cannabis earnings season
Tax strategies took the spotlight in fourth-quarter financial reports from publicly traded U.S. cannabis companies.
News March 21Louisiana’s 10th medical marijuana dispensary opens
The final medical marijuana operator allowed by law in Louisiana is open for business.
News March 20Kansas’ medical cannabis proposal would be among nation’s strictest
Seriously ill people in Kansas would be able to access nonsmokable medical cannabis from pharmacies if a bill introduced in the state Senate becomes law.
News March 20Marijuana MSO The Cannabist Co. raises $25.75 million
Marijuana multistate operator The Cannabist Co. raised $25.75 million in senior secured convertible debentures.
News March 20Opinion: How to determine the fair market value of your cannabis business
Whether you’re seeking investment, planning to purchase a business or gauging your company’s worth, understanding how to determine fair market value is a fundamental aspect of success.
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