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Ayr Wellness CEO sees gold in future adult-use marijuana markets

David Goubert, CEO of multistate operator Ayr Wellness, told investors and analysts that the Miami-based company is positioned better than its competitors to capitalize on future adult-use marijuana markets.

News March 13
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Cresco posts $180 million full-year net loss as it looks to new cannabis markets

Cresco Labs posted a $180 million loss in 2023 as the Chicago-based cannabis multistate operator exited two state markets and saw its high-profile merger collapse.

News March 13
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The Cannabist looks to marijuana wholesale after ‘arduous 2023’

Marijuana multistate operator The Cannabist Co. is trying to improve its wholesale business as it moves on from what CEO David Hart described as "an arduous 2023."

News March 13
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Exploring cannabis as medicine: Q&A with researcher Jean Talleyrand

California-based Jean Talley sat down with MJBizDaily to share his perspective about medical cannabis research.

News March 13
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US senators ‘attack’ North Carolina tribe’s soon-to-open marijuana store

A Native American tribe is accusing North Carolina’s two Republican U.S. senators of launching an “inflammatory… frontal attack" on tribal sovereignty after the politicians contacted federal and state law enforcement…

News March 12
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Canadian, British cannabis companies Aqualitas and Cannaray to merge

Medical cannabis companies from Canada and Britain are joining forces to create a global, vertically integrated business to tap opportunities in Europe and beyond.

News March 12
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Marijuana REIT Chicago Atlantic reports 17% interest income increase for 2023

The prospect of federal marijuana reform is growing investment and improving equity for Chicago Atlantic Real Estate Finance's clients, senior management said Tuesday during the company's fourth-quarter and full-year earnings…

News March 12
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Cannabis MSO Ascend Wellness expecting 280E tax refunds

Multistate cannabis operator Ascend Wellness Holdings says it has filed amended federal tax returns for several years and expects to receive refunds, becoming the latest U.S. marijuana company to seek…

News March 12
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How close is DEA to making decision on rescheduling marijuana?

Those keen to know exactly when the U.S. Drug Enforcement Administration will issue its decision on marijuana rescheduling remain frustrated.

News March 12
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