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Vermont marijuana entrepreneur sues MSO Slang for fraud in merger deal

Executives of Toronto-based marijuana multistate operator Slang Worldwide allegedly hid their financial challenges when negotiating to acquire a Vermont-based retail chain, according to a lawsuit.

News September 20
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Senate cannabis banking bill unveiled with key vote expected next week

Senate Democrats have released an updated and rebranded cannabis banking reform bill ahead of a long-awaited committee markup and expected vote scheduled for next Wednesday.

News September 20
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New marijuana ETF hits the market based on rescheduling hopes

A new cannabis exchange traded fund (ETF) has been launched by Subversive Capital Advisor based on the potential rescheduling of marijuana by the U.S. government.

News September 20
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Denmark has destroyed more than 145,000 kilograms of cannabis

Much of the medical cannabis produced under Denmark’s regulatory regime has never made it to market and was intentionally destroyed for various reasons, according to government data.

News September 20
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California marijuana businesses beg gov to veto product label legislation

California marijuana companies are asking Gov. Gavin Newsom to veto a recently passed bill that’s meant to deter children from using cannabis products, claiming the legislation would instead ban many…

News September 19
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Massachusetts Cannabis Control Commission chair suspended

Shannon O'Brien, the chair of Massachusetts' Cannabis Control Commission (CCC), has been suspended without pay.

News September 19
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Leafly lawsuit challenges New York ban on third-party marijuana marketers

A rule banning third-party advertising and marketing services in New York’s fledgling adult-use marijuana market is being challenged in court.

News September 19
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Cannabis producer BZAM cuts 90 more jobs after TGOD merger

Canadian cannabis producer BZAM has slashed another 90 employees as part of its merger with The Green Organic Dutchman Holdings (TGOD), which closed earlier this year.

News September 19
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Marijuana operator Columbia Care rebrands as The Cannabist Co.

Major marijuana multistate operator Columbia Care has a new corporate identity after rebranding as The Cannabist Co.

News September 19
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