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Canada’s cannabis fees contribute to profitability challenges, report says

Fees charged to cannabis businesses by the Canadian government are contributing to challenges in achieving profitability and positive cash flow, according to a “cost recovery” analysis published by the federal…

News August 22
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California cities, counties cut marijuana taxes to aid struggling companies

An increasing number of county and local elected officials across California are acknowledging a longtime cannabis industry grievance - legal companies' taxes are too high - and cutting local levies…

News August 22
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Nasdaq warns cannabis tech firm Agrify of noncompliance again

Massachusetts-based cannabis tech company Agrify Corp. received another warning from the Nasdaq stock exchange after the company failed to file its quarterly 10-Q report on time.

News August 21
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Court ruling spells more trouble for New York’s adult-use marijuana industry

New York’s struggle to create an equitable adult-use marijuana industry has suffered another major blow.

News August 21
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Cannabis MSO Greenlight acquires assets in NV & WV, pays dividend

Cannabis multistate operator Greenlight is acquiring a dispensary in Las Vegas and a cultivation facility in West Virginia for an undisclosed sum as well as issuing another dividend.

News August 21
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Minnesota tribe plans to roll out mobile marijuana dispensary

A Native American tribe in northwestern Minnesota that opened the first adult-use marijuana store in the state this month plans to expand its retail business with a mobile dispensary.

News August 21
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Canadian cannabis firms increasingly flag rivals over alleged misdeeds

More Canadian cannabis operators than ever are lodging complaints against rival businesses over alleged transgressions or other concerns, a phenomenon being driven by intense competition and desperate companies looking for…

News August 21
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Organigram secures United Kingdom cannabis supply deal

Canadian licensed producer Organigram Holdings has struck a supply agreement with 4C Labs to provide dried medical cannabis flower for the United Kingdom market.

News August 18
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Big Plan Holdings to invest $35 million in New England marijuana

Tennessee-based investment firm Big Plan Holdings (BPH) is joining forces with cannabis retailer and cultivator Silver Therapeutics to acquire $35 million worth of marijuana  commercial real estate and operations in…

News August 18
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