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TerrAscend buying Maryland marijuana dispensary for $8 million

TerrAscend Corp. has agreed to acquire Herbiculture Inc.’s cannabis dispensary in Burtonsville, Maryland, for $8.25 million, expanding the company's retail footprint in the state to four outlets.

News July 3
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Investor for $200 million New York cannabis fund finally found

New York has finally secured an investor to help fully fund the $200 million in startup capital promised to social-equity marijuana entrepreneurs to open “turnkey” dispensaries, Gov. Kathy Hochul has…

News July 3
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8 expert tips can help marijuana businesses ensure safety

Cannabis entrepreneurs say that local police can help protect their operations and employees, while police say familiarity makes them safer.

News July 3
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All Curaleaf cannabis retail workers in New Jersey now union members

All employees at Curaleaf Holdings’ New Jersey cannabis retail operations have now unionized with the United Food and Commercial Workers (UFCW) Local 360.

News June 30
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Oklahoma medical marijuana operators ask state high court to void higher fees

Some licensed medical marijuana companies in Oklahoma are asking the state Supreme Court to repeal a 2022 law that raised their fee burden.

News June 30
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German cannabis operator signs on as main sponsor of pro soccer team

German cannabis company Four 20 Pharma has inked a deal to be the main jersey sponsor for Sport-Club Paderborn 07, a professional German soccer club.

News June 30
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Marijuana megamerger between Cresco, Columbia Care still up in the air

The large-scale merger of marijuana multistate operators Cresco Labs and Columbia Care is in question after the companies failed to divest assets necessary for regulatory approvals by the June 30…

News June 30
A rendering of a Rise Express at a Circle K outlet

Green Thumb CEO upbeat that Florida will OK Circle K medical cannabis deal

The CEO of Green Thumb Industries told MJBizDaily he expects Florida regulators to ultimately sign off on the company’s landmark deal to open medical cannabis dispensaries adjacent to Circle K…

News June 30
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Luxembourg OKs recreational marijuana ‘legalization’ – but without sales

Luxembourg approved a law that legalizes homegrown marijuana and largely ends criminalization of the drug, but the statute stops short of reversing the prohibition-era restriction on marijuana sales.

News June 29
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