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Why cannabis banking reform alone won’t solve payment processing woes
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Wisconsin governor still dedicated to marijuana legalization
Wisconsin Gov. Tony Evers is still committed to legalizing marijuana, even though his latest attempt was shot down earlier this year by state Republican legislators.
News September 15Cannabis retailer High Tide reports small loss, positive free cash flow
Canadian cannabis retailer High Tide reported positive free cash flow of 4.1 million Canadian dollars ($3 million) for its third fiscal quarter of 2023, an important milestone as financing becomes…
News September 15Opinion: Marijuana rescheduling is positive, but we must go further and faster
Rescheduling marijuana is positive news in an industry desperate for good news. But make no mistake, it is not enough.
News September 15Oklahoma high court declines to hear challenge to medical cannabis fees
The Oklahoma Supreme Court declined to hear arguments challenging a new law that significantly raises fees for medical cannabis operators.
News September 1414 congressional Republicans oppose proposed marijuana rescheduling
Fourteen Republican federal lawmakers are voicing their opposition to a key federal agency's recent recommendation that marijuana be rescheduled.
News September 14Cannabis producer Canopy’s subsidiary BioSteel enters ‘hibernation’ ahead of planned sale
Struggling Canadian cannabis producer Canopy Growth Corp. is ceasing funding of its BioSteel subsidiary and plans to conduct a court-supervised sale of the brand and its property, the Ontario-based company…
News September 14New Mexico marijuana sales hit record $48 million in August
Consumers spent a record amount on legal marijuana in New Mexico in August, with combined medical and adult-use sales totaling more than $48.2 million.
News September 14Cannabis MSO Tilt shifts strategy, cuts costs under new leadership: Q&A with interim CEO Tim Conder
In a few short months at the helm, Tilt Holdings interim CEO Tim Conder has initiated significant cost reductions and reevaluated brand partnerships - including cutting ties with some social…
News September 14Untagged plants, ownership issue threaten RI marijuana grower’s permit
A major Rhode Island marijuana cultivator could lose its license after state regulators discovered unregistered plants as well as issues surrounding the business’ ownership.
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