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Why cannabis banking reform alone won’t solve payment processing woes
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Cannabis retailer Fire & Flower granted creditor protection after ‘significant net losses’
Fire & Flower Holdings and its cannabis subsidiaries have received an initial order for creditor protection from a Canadian court after raking up significant net losses of more than 200…
News June 6Maryland offers funds to help medical marijuana operators move into adult use
Maryland is offering grants and loans to help existing medical marijuana companies move into the state's impending adult-use cannabis market.
News June 6Canada’s unsold cannabis inventory balloons to 1.5 billion grams
Business failures and consolidation failed to stop Canada's stockpile of unsold cannabis from reaching a new high in the final quarter of 2022, the latest sign that shrinking prices and…
News June 6Marijuana trade organization NCIA cuts staff
Widespread layoffs in the marijuana industry are affecting trade organizations such as the National Cannabis Industry Association (NCIA), which cut close to half its employees last week.
News June 6Squabble over delta-8 THC helps foil cannabis overhaul in Illinois
Disagreement over how to handle delta-8 THC - and whether to ban the controversial hemp-derived intoxicating cannabinoid, or regulate it like marijuana - have thwarted broader cannabis industry reform efforts…
News June 5Arkansas medical marijuana sales on track to top 2022
Medical marijuana dispensaries in Arkansas will likely beat the sales they recorded in 2022, a state spokesperson said.
News June 5Cannabis operator Canopy to be booted off S&P/TSX Composite Index
Canadian-listed shares of cannabis operator Canopy Growth Corp. will be removed from the S&P/TSX Composite Index, a market benchmark equivalent to the S&P 500 in the United States.
News June 5New Jersey revokes marijuana licenses over unpaid fees
New Jersey regulators revoked marijuana cultivation and manufacturing licenses from an operator in the state over unpaid fees.
News June 5Cannabis company implements business model based on boutique wineries
Jim Roberts, owner of The Bohemian Chemist in the Emerald Triangle, applied lessons from the alcohol industry to his cannabis business.
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