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Adult-use marijuana sales growth in 2023 varied by market age

Year-over-year marijuana sales-growth rates varied in 2023, with new markets continuing to grow and established markets not declining as much.

News January 10
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Cannabis operator Tilray trims loss to $46 million in quarter on record sales

Canadian cannabis producer Tilray Brands trimmed its loss to $46.2 million (61.6 million Canadian dollars) in the second quarter of its 2024 fiscal year on the back of record net…

News January 9
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Latest marijuana social equity challenge is doomed, Washington state judge hints

A federal court in Washington state has rejected a cannabis entrepreneur’s initial effort to upend the market's marijuana social equity program.

News January 9
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Connecticut AG cracks down on unlicensed cannabis gifting event

Connecticut's attorney general sent a cease-and-desist letter to organizers of an event in Hamden as part of his office's ongoing crackdown on unlicensed cannabis sellers.

News January 9
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Wisconsin GOP’s medical marijuana bill contains limited business opportunities

Republicans in the Wisconsin State Assembly introduced a medical marijuana legalization proposal that offers limited business opportunities.

News January 9
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Troubled cannabis company Canopy Growth raising $30 million

Hard-pressed Canadian cannabis company Canopy Growth Corp. is selling equity for cash, announcing a private placement of shares and warrants to raise $30 million.

News January 9
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Two-thirds of California marijuana labs can’t test flower after rule change

Less than one-third of California’s 37 licensed cannabis testing laboratories began the new year permitted to test marijuana flower and non-infused pre-rolls, state regulators told MJBizDaily.

News January 9
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Cannabis and accessories distributor Humble & Fume gets creditor protection

Humble & Fume, a Canadian cannabis and accessories distributor, received an initial creditor protection order and intends to go private.

News January 8
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Colorado enacts new laws and regulations for marijuana industry

New cannabis laws and regulations went into effect Monday in Colorado addressing online sales, intoxicating hemp products, testing and hospitality.

News January 8
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