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Cultivation potential leads Grown Rogue to snap up PharmaCann’s New York medical cannabis permit
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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
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
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
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
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
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
Maryland marijuana operators prep for launch of $2 billion adult-use market
Cannabis industry executives and other stakeholders have high expectations regarding Maryland’s launch of adult-use marijuana sales, which kick off Saturday. And for good reason.
News June 28
New York initiates massive crackdown on unlicensed cannabis retailers
The first two weeks of ramped-up enforcement in New York led to 33 inspections, dozens of violations and the seizure of 1,000 pounds of illicit cannabis products.
News June 27
Alleged leader of $13 million illegal marijuana ring claims federal protection
An attorney for the alleged mastermind of an illegal interstate marijuana operation based in Maine claimed that a Congressional act intended to shield legal marijuana businesses from federal prosecution also protects…
News June 27
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