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Image of $100 bills hanging on a cannabis plant.

Cannabis MSO 4Front Ventures converts debt to equity, appoints new CEO

Arizona-based cannabis multistate operator 4Front Ventures hired a new CEO and plans to convert $23 million worth of its debt into equity.

News January 8
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Florida lawmaker proposes 10% THC cap on adult-use marijuana

If Florida voters legalize adult-use marijuana later this year, a Republican state lawmaker wants to ensure that only limited-potency cannabis will be allowed in stores.

News January 8
Image of cannabis plants hanging on a drying rack

Canada destroyed 3.7 million pounds of unsold, unpackaged cannabis since 2018

Canadian operators destroyed millions of packages of unsold cannabis products and a record amount of unpackaged dried flower in 2022 and the first half of 2023, largely because of years…

News January 8
Image of a cannabis retail store operated by Catalyst in Long Beach, California

Retail operator files lawsuit challenging California marijuana excise taxes

One of California’s largest cannabis retail chains is challenging an emergency rule change that state tax collectors implemented in December to vastly expand the scope of marijuana excise taxes.

News January 5
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Alabama medical cannabis launch blocked again

An Alabama judge this week halted the state’s latest efforts to issue medical cannabis licenses.

News January 5
Image of Kentucky Gov. Andy Beshear at a news conference

Kentucky eyes new qualifying conditions for medical marijuana, taps Metrc

Kentucky Gov. Andy Beshear is calling for additional qualifying health conditions for the state's upcoming medical marijuana program, which would expand the total addressable market for MMJ businesses.

News January 5
Image of Wisconsin state capitol building.

Wisconsin governor says he’ll settle for medical cannabis legalization

Wisconsin Gov. Tony Evers has been unsuccessful in his attempts to fully legalize marijuana in the state, but now he says he'll support a Republican plan to legalize medical cannabis.

News January 5
Image of Reggie Harris

Marijuana genetics trends to extend beyond high THC in 2024

THC potency - the higher, the better - is still the most important factor to consumers shopping for marijuana products, cannabis operators say, but secondary factors also are driving genetics…

News January 5
Image of the St. Louis skyline, including the Gateway Arch, at night

Heavy outside influence in Missouri cannabis micro licensing, report says

A new state-issued report on Missouri’s cannabis industry provides new insights regarding the application process, approvals and disqualifications for newly created microbusiness licenses.  

News January 4
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