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DEA is working ‘quickly’ on marijuana rescheduling, Vice President Harris says

The U.S. Drug Enforcement Administration is "working as quickly as possible" on potentially rescheduling marijuana, according to Vice President Kamala Harris.

News March 18
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Retailer High Tide acquires premium cannabis brand Queen of Bud for CA$1M

Canadian cannabis retailer High Tide has entered into a definitive agreement to acquire high-end brand Queen of Bud, including all intellectual property, trademarks and other assets.

News March 18
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Washington state police implicate Chinese nationals in marijuana bust

Police in western Washington state have made arrests in an investigation into what the Tacoma Police Department described as "a major illegal marijuana grow operation by Chinese nationals."

News March 18
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How R&D cannabis lines help cultivators conduct market research

R&D cannabis lines - or limited-edition, small-batch flower - can create a line of communication between cultivators and consumers, enabling marijuana operators to conduct market research while still bringing in…

News March 18
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Colorado marijuana sales top $115.4 million in January

Colorado's total marijuana sales in January were essentially flat compared to December transactions in the state.

News March 15
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Retailer High Tide reports break-even net income, record cannabis sales

Canadian cannabis retailer High Tide reported break-even net income and positive free cash flow in its financial results for the first quarter of fiscal 2024.

News March 15
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Wyoming joins states that ban hemp-derived THC

Wyoming Gov. Mark Gordon recently signed into law Senate File 32, which ban the sale of hemp-derived THC products.

News March 15
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TerrAscend expects $26 million tax refund, shares strategy for marijuana nemesis 280E

TerrAscend Corp. is the latest marijuana multistate operator to announce a plan to stop paying taxes owed under Section 280E of the Internal Revenue Code, and an executive hinted at…

News March 15
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Canada’s finance minister warned about cannabis industry ‘financial distress’

Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country's cannabis producers, including skyrocketing tax debt and widespread insolvencies.

News March 15
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