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The cannabis CEO behind a $2.1 billion sale bets again, but smaller
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Marijuana MSO Verano to restate financials from five previous quarters
Marijuana multistate operator Verano Holdings said it must restate five quarterly financial statements dating back to March 31, 2021, and that all of its disclosures and investor presentations since then…
News July 29
‘Status quo not a tenable option’: EU ministers discuss cannabis policy hurdles
Key European government ministers have concluded more work must be done to craft a sustainable framework for regulating recreational cannabis across the region - arguing the current situation is untenable…
News July 29
CBD ‘safe’ for mainstream retail, Health Canada advisory panel says
CBD is "safe and tolerable" in healthy adults and should be available without a prescription, a panel of scientists recommended to Canada's top health regulator Thursday.
News July 28
Longtime California cannabis company reaches tax payment deal with IRS
StateHouse Holdings, formerly known as Harborside, agreed to a payment plan with the IRS to settle a $22 million federal tax bill.
News July 28
First licensed medical marijuana dispensary begins sales in South Dakota
The first state-licensed medical marijuana dispensary, Unity Rd., opened Wednesday in Hartford, near Sioux Falls, though most cultivators won't have product ready for sale until this fall.
News July 28
Denver lifts US residency requirement for cannabis business owners
Denver, capital city of Colorado, has removed barriers for cannabis business owners that aren't yet U.S. residents, and the rest of the state might soon follow. The moves would pave…
News July 28
New York company wins critical decision in fight for medical marijuana license
A New York-based company’s claim that it should have won one of the state’s five initial medical marijuana licenses has taken a big step forward.
News July 28
Canadian cannabis company Tilray posts $434 million net loss for 2022
Canadian cannabis and alcohol company Tilray Brands posted a $457.8 million net loss for its fourth quarter and a $434 million net loss for its 2022 fiscal year.
News July 28
Michigan’s wholesale marijuana flower prices plummet
Prices of wholesale recreational marijuana in Michigan are now as low, or lower, than those in older adult-use markets - underscoring how new markets are ramping up more quickly and,…
News July 28
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