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A chart showing Canadian medical and nonmedical cannabis spending

Does Canada’s shrinking medical cannabis market offer lessons for other nations?

Canada's regulated medical cannabis market has dwindled significantly from its peak, declining well before recreational marijuana legalization in October 2018 and continuing that downward trend as adult-use sales displaced purchases…

News November 28
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How to make a recession work for your cannabis company

It's unclear whether or how deep a recession might occur, so now is the time to think about how to best position your cannabis company, just in case.

News November 23
Image of an Ascend Wellness store in downtown Boston

Emily Paxhia resigns from board of marijuana MSO Ascend Wellness

Emily Paxhia, a co-founder and managing partner of cannabis hedge fund Poseidon Asset Management, resigned from the board of directors at marijuana multistate operator Ascend Wellness Holdings.

News November 23
Image of someone holding a boxed CBD product

FDA dings American Shaman, four others for ‘illegally selling’ CBD

The U.S.  Food and Drug Administration flagged five companies for “illegally selling” products containing cannabidiol, including national CBD powerhouse American Shaman.

News November 23
Image of Hartford, Connecticut, downtown skyline

Connecticut’s adult-use marijuana stores might not open this year

Adult-use marijuana stores in Connecticut likely won't open until 2023, despite the state targeting the end of 2022.

News November 23
Image of a map of Canada

Canadian adult-use cannabis sales stay flat in September

Monthly Canadian sales of legal adult-use cannabis barely increased between August and September, totaling 389.9 million Canadian dollars ($291 million).

News November 23
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Michigan regulators warn of increased crime threat to marijuana retailers

Michigan regulators are warning marijuana store owners to be on the lookout for criminals who are potentially targeting their shops.

News November 23
Image of an indoor cannabis cultivation facility in Washington state

10 years after legalization, Washington state cannabis growers face headwinds

Washington state legalized adult-use cannabis 10 years ago this November, and in that time the market has been a success, but not for everyone and the challenges are substantial.

News November 23
Image of Little Rock, Arkansas

Arkansas marijuana cultivator can’t fight for revoked license, judge rules

An Arkansas medical marijuana cultivator with an invalid license will not be permitted to intervene in a legal challenge to the state's licensing process.

News November 22
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