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FDA approved cannabis: Why Schedule 3 means operators must prepare for pharmaceutical-grade MMJ now
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New York hemp companies sue to overturn new state rules
Claiming new rules governing hemp-derived cannabinoid products cost them "millions of dollars in losses," state-licensed hemp companies in New York are suing the Office of Cannabis Management in federal court.
News March 5
THC potency in Oklahoma’s medical cannabis is inflated, testing lab alleges
Oklahoma medical cannabis is frequently less potent than advertised, according to the manager of licensed lab Havard Industries.
News March 5
New Mexico’s combined marijuana sales surpass $1 billion
Combined sales of legal medical and recreational marijuana in New Mexico have set a record, surpassing $1 billion less than two years after the state launched its adult-use market.
News March 5
Corruption allegations highlight risk-reward of limited cannabis licenses
Rejected for a coveted cannabis retail license in an affluent California wine country town, a small marijuana retail chain is alleging in a lawsuit that political contributions from competing applicants…
News March 5
Avant Brands trims loss to CA$1.5 million on record marijuana sales, exports
British Columbia producer Avant Brands reported record net revenue of 26.3 million Canadian dollars ($19.4 million) from the sale of 7,105 kilograms (15,663 pounds) of cannabis.
News March 4
Cannabis producer Cronos narrows 2023 loss to $74.5 million
Canadian cannabis producer Cronos Group cut its loss in half in 2023, reporting a deficit of $74.5 million (101 million Canadian dollars).
News March 4
New Jersey surpasses 100 marijuana stores, projects $1 billion in sales
The New Jersey governor's office is celebrating the opening of more than 100 marijuana stores in the state.
News March 4
Canada’s unpaid cannabis taxes soar 72% to almost CA$300 million
A growing number of Canadian cannabis producers continue to rack up tax debt, which could lead to "a meaningful number" of companies going out of business if they're unable to…
News March 4
Troy Datcher, pioneering Black marijuana executive, dead at 55
Troy Datcher, board chair of Gold Flora Corp. and one of the more prominent Black leaders in the marijuana industry, died Feb. 26 after a brief hospitalization.
News March 1
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