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Why cannabis banking reform alone won’t solve payment processing woes
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Cannabis cultivator Bright Green granted DEA production license
The U.S. Drug Enforcement Administration has officially registered publicly traded Bright Green Corp. as a federally licensed cannabis cultivator and product manufacturer.
News May 3Marijuana MSO Greenlight’s dividend an apparent first for the industry – and last for now
Missouri-based multistate operator Greenlight Dispensary is believed to be the first big marijuana company to issue a dividend to investors - and it could be the last, at least for…
News May 3Work stoppage at Chicago-area Rise cannabis stores ends after 13 days
A 13-day strike at three Chicago-area Rise adult-use cannabis stores that began April 19 came to an end Tuesday after parent company Green Thumb Industries offered unionized retail workers a…
News May 2Tennessee sets new rules for hemp-derived cannabinoids
New regulations for sellers of hemp-derived cannabinoids in Tennessee are set to go into effect after final approval from state lawmakers on Tuesday.
News May 2Maryland gov puts nearly $1.2M of Green Thumb marijuana stock in blind trust
Maryland Gov. Wes Moore owns almost $1.2 million worth of stock in Green Thumb Industries (GTI), according to media reports about a new blind trust created for some of his…
News May 2Cannabis firm Entourage frets about future amid CA$123.1M annual loss
Canadian cannabis company Entourage Health Corp. reported a net loss of 123.1 million Canadian dollars ($90 million) for its 2022 fiscal year amid declining revenue.
News May 2New Mexico’s adult-use marijuana sales bolstered by tourism, Texas residents
It's been a little more than a year since New Mexico launched adult-use marijuana, with sales topping $300 million during the initial 12 months.
News May 2$38M suit alleging kickbacks, ‘sabotage’ at cannabis firm Cookies is abruptly dropped
The legal controversy swirling around prominent cannabis brand Cookies has taken an abrupt and unusual turn, with one of the litigants who sued the company earlier this year dropping a…
News May 1180-plus marijuana workers unionize in Illinois and California
More than 100 employees at Illinois marijuana stores and 80 at a California cannabis delivery service are joining unions.
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