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Why cannabis banking reform alone won’t solve payment processing woes
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Marijuana workers in California, Pennsylvania join unions
Marijuana distribution drivers in California and medical cannabis dispensary workers in Pennsylvania have voted to join unions, adding more momentum to the labor movement in the MJ industry.
News June 22Canadian recreational cannabis sales grow 1.3% to CA$411.7 million in April
Consumers in Canada spent 1.3% more on legal recreational cannabis in April compared to March, for total monthly sales worth 411.7 million Canadian dollars ($313 million).
News June 22Nevada eases marijuana consumption lounge rules, issues first licenses
Nevada regulators this week approved loosening air-ventilation standards for marijuana consumption lounges in Las Vegas and other parts of the state while granting the first three conditional licenses for such…
News June 22Cannabis operator TerrAscend wins conditional approval to list on Toronto Stock Exchange
North American cannabis operator TerrAscend on Wednesday won conditional approval to list on the Toronto Stock Exchange (TSX) - a first for a company with plant-touching operations in the U.S.,…
News June 21Colombian Senate falls short in bid to legalize recreational marijuana – for now
Colombia’s Senate failed to approve a legal framework to regulate recreational marijuana sales, making it the latest country to fall short in a bid to bring illegal cannabis sales into…
News June 21Group opposes ‘fire sale’ of troubled cannabis retailer Fire & Flower
A syndicate of parties including the second-largest shareholder of Fire & Flower Holdings Corp. is opposing a proposed stalking-horse agreement between the cannabis retailer and its largest shareholder, an affiliate…
News June 21Marijuana MSO TerrAscend seeks to raise $15 million in private placements
TerrAscend Corp., a North American marijuana multistate operator, plans to raise $15 million in two private placements.
News June 21Canadian cannabis operator Organigram consolidating shares to stay on Nasdaq
Canadian cannabis cultivator and manufacturer Organigram Holdings plans to consolidate its shares on a 4-to-1 basis in order to maintain its U.S. equity listing on the Nasdaq exchange.
News June 21Judge cancels tweaks of Arkansas medical marijuana laws
Twenty-seven changes made to Arkansas’ medical marijuana laws by the state Legislature are unconstitutional and, thus, “void," an Arkansas judge ruled.
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