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Cannabis operator Village Farms gets extension to regain Nasdaq compliance

Village Farms International, which owns Canadian cannabis producer Pure Sunfarms, was granted a six-month extension by the Nasdaq stock exchange to regain compliance after its stock price fell below the…

News October 20
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Marijuana-friendly lodging guests are hungry for immersive experiences

Licensed marijuana farms are tapping into accommodation-platform opportunities as cultivators battle low flower prices, high taxes.

News October 20
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Lobbyists sentenced to prison in Michigan cannabis bribery case

Two former lobbyists were sentenced to federal prison terms after pleading guilty to bribing a prominent Michigan politician in exchange for cannabis business licenses.

News October 19
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Humboldt County lawsuit aims to derail restrictive marijuana business measure

A group of small marijuana farmers and a trade group in Northern California have filed a lawsuit seeking to remove a March ballot initiative  that would significantly restrict cultivation in…

News October 19
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2 employees of Israeli cannabis producer InterCure kidnapped by Hamas

Two employees of Israeli cannabis producer InterCure were among those kidnapped by Hamas when the militants infiltrated Israel’s southern border earlier this month, the company disclosed this week.

News October 19
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California marijuana operators sue rivals selling hemp-derived THC products

Companies connected to a prominent San Diego marijuana retail brand are suing 10 competitors that sell hemp-derived cannabinoid products, according to court documents obtained by MJBizDaily.

News October 19
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Moldy cannabis allegations draw ire of some Missouri operators

A Missouri microbiologist who posts online photos of regulated cannabis that allegedly contains mold has received three cease-and-desist letters from cannabis producers in the state.

News October 19
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Marijuana MSO Cresco Labs exits Arizona, secures mortgage in New York

Marijuana multistate operator Cresco Labs has exited Arizona by selling its only asset in the state, Encanto, for $6.5 million in cash to Mint Cannabis.

News October 19
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Demand for seasonal cannabis harvest workers surges after industry layoffs

Competition to secure seasonal workers for this year’s outdoor cannabis harvest has been fiercer than ever, according to executives at recruitment companies.

News October 19
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