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Cannabis producer Tantalus Labs restructures, lays off workers

Another Canadian cannabis producer is entering court-supervised restructuring amid cut-throat competition and heavy government taxation of the 4-year-old industry.

News June 29
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Cookies Baltimore fined $81K but will reopen for MD adult-use marijuana sales

Cookies Baltimore will be reopen for business in time for the first day of adult-use marijuana sales in Maryland on July 1.

News June 29
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Cannabis MSO TerrAscend to trade on Toronto Stock Exchange starting July 4

Cannabis operator TerrAscend Corp., which does business in both Canada and the United States, received final approval to list on the Toronto Stock Exchange (TSX) - a first for a…

News June 29
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Marijuana operator TerrAscend seals $25 million loan, acquires Maryland retailer

Marijuana company TerrAscend Corp. said it closed on a $25 million commercial loan and entered an agreement to acquire Hempaid in Maryland.

News June 29
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Internal documents raise questions about Canada’s Cannabis Act review

Hundreds of emails, documents and reports obtained by MJBizDaily through a Canadian federal records request paint a more complete picture of the Cannabis Act review currently underway - a reexamination…

News June 29
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Big Michigan marijuana retailer reopens store, adds another

Lume Cannabis, one of Michigan’s largest marijuana retailers, reopened an outlet in Southfield roughly a year after closing the store as part of a corporate realignment.

News June 28
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Glass House’s defamation suit against fellow cannabis operator Catalyst portends long legal spat

Glass House Brands filed a defamation lawsuit against Catalyst Cannabis Co. and its co-founders, Elliot Lewis and Damian Martin.

News June 28
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Florida gov OKs Black farmer medical marijuana licenses, MMJ telehealth

Florida Gov. Ron DeSantis signed a medical marijuana bill into law that grants MMJ licenses to a group of Black farmers and allows patients to renew authorizations via telehealth.

News June 28
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Cannabis producer Canopy splits with auditor, could save millions

Canopy Growth Corp.’s principal accountants resigned June 22, but the company told MJBizDaily the move was a “joint decision” with the auditor and not related to recent accounting woes.

News June 28
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