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Wisconsin Assembly speaker rejects compromise on medical cannabis bill

Wisconsin State Assembly Speaker Robin Vos says he won't amend a Republican bill that would create a restrictive medical cannabis regime, despite opposition from some fellow GOP lawmakers.

News January 17
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Marijuana operator Unrivaled Brands completes reorg, reverse stock split

California marijuana company Unrivaled Brands is now under the Blüm Holdings umbrella after completing a previously announced strategic reorganization and reverse stock split.

News January 17
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Panama awards licenses to 7 medical cannabis businesses

Seven companies in Panama were granted licenses to manufacture medical cannabis products after a lengthy evaluation by the country’s National Directorate of Pharmacy and Drugs.

News January 17
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Feds weighed state-regulated MMJ programs, compared marijuana to alcohol in rescheduling recommendation

State-regulated medical cannabis programs and illicit users are at least in part to thank for the Biden administration’s recommendation that marijuana be moved from Schedule 1 to Schedule 3 of…

News January 17
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Cannabis operator Canopy Growth terminates $30M private placement

A private placement of shares and warrants announced by Canopy Growth Corp. was terminated only three days after it was unveiled, the Canadian cannabis operator disclosed in a regulatory filing…

News January 16
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Maryland recreational marijuana sales soar, but medical transactions stagnate

Since launching in July 2023, the recreational marijuana market in Maryland has grown month-over-month, ending 2023 at $331.8 million in sales, according to data from the Maryland Cannabis Administration.

News January 16
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Canadian cannabis company Safari Flower accesses creditor protection

Canadian cannabis grower and processor Safari Flower Group is insolvent and has received an initial creditor protection order under Canada's Companies' Creditors Arrangement Act.

News January 16
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Hart replaces retiring Vita as CEO at marijuana MSO The Cannabist Co.

The Cannabist Co. has promoted David Hart to CEO and Jesse Channon to president.

News January 16
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Survey: 69% of Canadian cannabis consumers ‘always’ buy legal products

Canada’s federally regulated marijuana industry captured more illicit-market share than ever in 2023, the government’s annual Canadian Cannabis Survey suggests.

News January 16
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