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Marijuana tech firm Agrify seeks gross proceeds of $8.7 million in share offering

Cannabis cultivation technology firm Agrify Corp. priced a public offering of shares and warrants to raise gross proceeds of roughly $8.7 million before expenses.

News December 19
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New York rolls out plan to differentiate cannabis licensees from illicit operators

In an effort to distinguish between licensed and illicit cannabis operators in New York, Gov. Kathy Hochul unveiled a verification placard for legal adult-use stores to post on their windows.

News December 19
A map showing the differences in support for South Dakota marijuana in 2020 and 2022.

More-populous counties backed state marijuana legalization measures in midterms

Populous urban areas once again provided a majority of the voters supporting marijuana legalization ballot initiatives during the November midterm elections, according to an analysis of state election results.

News December 19
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Former execs of Canadian cannabis producer CannTrust acquitted in ‘quasi-criminal’ case

Three former executives of Canadian cannabis producer CannTrust, including its ex-CEO, have been acquitted of all charges after the case collapsed this week.

News December 16
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New Mexico adds anxiety to conditions treatable with medical marijuana

New Mexico health officials added anxiety to the list of conditions that doctors can treat with medical marijuana, a move that could boost sales in MMJ dispensaries.

News December 16
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Trulieve Cannabis lays off Pennsylvania workers on heels of $115M quarterly loss

Trulieve Cannabis lays off up to three dozen employees at Pennsylvania grow operation a month after reporting a $115 million quarterly loss.

News December 16
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Georgia appeals court will hear lawsuit challenging medical marijuana licensees

A lawsuit in Georgia challenging the issuance of two medical cannabis licenses has made its way to the state’s Court of Appeals.

News December 16
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2 major Canadian cannabis wholesalers put brakes on delta-8 THC products

Cannabis wholesalers in Ontario and British Columbia - two major Canadian adult-use marijuana markets - are suspending orders of products containing delta-8 THC.

News December 16
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New marijuana guidelines prompt New York retailers, applicants to adjust business plans again

Another late-inning policy shift by marijuana regulators in New York has rattled the industry as the potential billion-dollar market preps for adult-use sales within weeks.

News December 16
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