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Oklahoma imposes two-year medical marijuana license moratorium
Oklahoma is enacting a nearly two-year moratorium on new medical marijuana grower, processing and dispensary licenses, beginning Aug. 26, in efforts to catch up with a backlog of work and…
News August 2
Cannabis REIT NewLake expands credit facility from $30 million to $90 million
NewLake Capital Partners, a cannabis industry real estate investment trust (REIT), expanded its five-year revolving credit facility by $60 million to $90 million.
News August 2
Changes to Maryland’s medical marijuana program could boost sales
Maryland regulators have made changes to the medical marijuana program that make it easier for patients to renew their medical marijuana IDs and reduce the cost of the cards, which…
News August 2
California cannabis consumption lounges poised for takeoff
The long-awaited debut of sit-down cannabis consumption lounges throughout California appears to have arrived, and industry experts predict these venues will expand exponentially in the next few years.
News August 2
Pennsylvania medical marijuana grower plans to sue state after layoffs
A medical marijuana grower in Pennsylvania that laid off almost half its staff is planning to sue the state over what it alleges are anti-competitive business practices allowed by regulators.
News August 1
Nevada cannabis producer Flower One extends maturity date for $6M in debt
Nevada cannabis cultivator producer company Flower One Holdings amended the terms of a short-term debt agreement to extend the maturity date to the end of this year.
News August 1
First Denver marijuana delivery service closes as city proposes fee changes
Less than a year after Denver's first licensed cannabis delivery service opened, the owners have closed the business, voluntarily surrendering its state and local licenses.
News August 1
Arkansas recreational cannabis measure appears headed to fall ballot
A referendum to legalize recreational cannabis sales in Arkansas passed a critical milestone, likely assuring the proposed constitutional amendment will be on the state's November ballot.
News August 1
Murder trial for Oklahoma marijuana grower set for October
A jury trial for a Black marijuana grower in Oklahoma accused of murdering an alleged burglar, who was white, is set for October, setting the stage for a potentially racially…
News August 1
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