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Cannabis industry encouraged as DEA marijuana rescheduling hearings conclude
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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
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
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
Planet 13 recovers some ‘embezzled money’ as 2023 marijuana revenue falls
Planet 13 Holdings has recovered $3.4 million from its case against an investment firm that the marijuana multistate operator alleges “embezzled money from the company's accounts," co-CEO Robert Groesbeck told…
News March 14
Trulieve Cannabis files lawsuit against ex-CFO contesting $350K in expenses
Florida-based marijuana multistate operator Trulieve Cannabis has filed a lawsuit against a former chief financial officer for misappropriating hundreds of thousands of dollars tied to personal expenses.
News March 14
Arizona sales of unlicensed delta-8 is illegal, state attorney general says
Arizona operators such as gas stations and smoke shops that are selling delta-8 and other hemp-derived THC products without marijuana business licenses are breaking the law, the state's attorney general…
News March 14
Jushi looks to boost efficiency as it awaits new adult-use cannabis markets
Multistate operator Jushi Holdings is trying to improve its efficiency and margins as it hopes for new adult-use cannabis markets in 2024.
News March 14
Las Vegas marijuana consumption lounges prepare for new era
Thrive Cannabis Marketplace recently opened the first state-licensed lounge adjacent to its store just off the Las Vegas Strip, and nearly 20 other consumption businesses are putting the finishing touches…
News March 14
Minnesota cracking down on illegal cannabis sales before adult-use launch
Cannabis retailers in Minnesota selling product before the state officially launches legal adult-use marijuana sales risk getting a $1 million fine and jeopardizing their chances of getting MJ business licenses…
News March 13
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