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Chart of cannabis capital rasies by sector 2017-22.

High cost of raising capital in marijuana industry expected to continue in 2023

Many marijuana companies seeking capital are expected to find limited pickings and costly terms this year, providing little relief from 2022, when the amount of money ponied up by investors…

News February 13
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2 more adult-use cannabis operations set to open in New York

Two more licensed adult-use cannabis operations are set to open in New York, including the first outside Manhattan.

News February 10
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Adult-use marijuana bill filed in Arkansas; MMJ push renewed in Kansas

Lawmakers in Arkansas and Kansas this week introduced bills to legalize adult-use and medical marijuana, respectively - another sign of MJ legalization’s support in conservative Republican-leaning states.

News February 10
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Cannabis MSO Ayr Wellness to sell recently acquired Arizona assets

Miami-based multistate marijuana operator Ayr Wellness is divesting its recently acquired Arizona assets and entering the Ohio market.

News February 10
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Colorado reports 2022 marijuana sales down more than 20% from 2021

Retail sales of legal marijuana in Colorado were worth slightly more than $139 million in December 2022, bringing the state's medical and recreational sales total for the year to almost…

News February 10
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Opinion: Cannabis brand health might be more important than sales, data suggests

Brand health is a toolkit that tells marketers objectively how well their initiatives are performing, not just in terms of sales but rather what is resonating with consumers. 

News February 10
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Aurora posts positive adjusted EBITDA on marijuana sales growth

Edmonton, Alberta-based Aurora Cannabis posted positive adjusted earnings before EBITDA worth 1.4 million Canadian dollars ($1 million) in its second fiscal quarter of the year, the company announced late Thursday.

News February 9
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Judge sides with Washington state over cannabis residency requirement

A U.S. judge ruled that Washington state's residency requirement for cannabis company owners and investors is constitutional.

News February 9
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New Jersey eliminates marijuana cultivation license cap

In a bid to boost a sagging adult-use marijuana market and encourage minority participation, New Jersey state regulators abolished the state’s cultivation license cap.

News February 9
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