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Canopy reports CA$2.1 billion loss on massive cannabis unit impairments
Canopy Growth Corp. reported the worst quarterly loss in its history as the company’s "value" cannabis sales declined as part of its business transition to "premium" products.
News August 5
Key senator open to compromise, hopeful of some US marijuana reform
U.S. Sen. Cory Booker said this week he would support cannabis banking reform separate from a comprehensive federal legalization bill as long as the banking measure includes a “restorative justice”…
News August 5
New Mexico posts best month of cannabis sales with $40.3 million in July
New Mexico's cannabis market is gathering steam, with sales figures for July the strongest since the adult-use program launched in April.
News August 5
Vermont accepting recreational marijuana business license applications
Vermont has begun accepting license applications for all types of recreational marijuana businesses, including retailers, growers, manufacturers and testing labs.
News August 5
Las Vegas cannabis industry preps for launch of consumption lounges
Now that final regulations have been issued for marijuana consumption lounges to begin operating in Nevada, Las Vegas cannabis executives are gearing up to lure customers off the Strip and…
News August 5
Connecticut faces legal challenges to marijuana equity cultivation licensing
At least two Connecticut businesses - the Hartford Cannabis Co. and The Goods THC Co. - are appealing license denials by the state’s Social Equity Council, according to lawsuits filed…
News August 4Top NM cannabis regulator draws criticism after taking private-sector job
The decision of a leading cannabis regulator in New Mexico to take a private-sector job at a marijuana consultancy has prompted criticism from at least one state legislator.
News August 4
Opinion: Marijuana brands are ready for their marketing close-up
The real next step for cannabis brands to be truly legit in the eyes of most consumers is for them to get real about their marketing and bring some CPG…
News August 4
Oregon law enforcement seizes 10,000 pounds of illicit-market cannabis
Law enforcement in southern Oregon seized 10,000 pounds of illicit-market cannabis as part of broader efforts to crack down on illegal growers in that part of the state.
News August 4
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