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The cannabis CEO behind a $2.1 billion sale bets again, but smaller
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Proposed Pennsylvania law could ease marijuana banking in state
A proposed bill in Pennsylvania would shield from prosecution banks, credit unions, and insurance companies that do business with legal marijuana companies in the state.
News July 8
Ontario Cannabis Store appoints Lobo as permanent CEO
The Ontario Cannabis Store (OCS), the provincial wholesale monopoly and online retailer, appointed David Lobo as chief executive officer on a permanent basis.
News July 8
Workers at a second Missouri medical marijuana dispensary vote to unionize
Employees of Bloom Medicinals dispensary in Missouri voted to unionize, the second dispensary in the state to do so.
News July 8
Columbia Care CEO set to net $100M-plus from Cresco cannabis merger
Columbia Care co-founder and longtime CEO Nicholas Vita likely will emerge with more than $100 million in cash and stock thanks to Cresco Labs' pending acquisition of the New York-based…
News July 8
US senators raise heat on President Biden, demand marijuana reform
A group of Democratic and independent U.S. senators is trying to up the pressure on the Biden Administration to remove marijuana from the federal Controlled Substances Act on criminal justice…
News July 7
Appeals court rules against Nebraska medical cannabis backers
A federal appeals court dealt a setback to Nebraska medical marijuana advocates by granting the state a stay in a case involving signature requirements for a legalization ballot initiative.
News July 7
Opinion: 3 likely causes of distressed marijuana cultivation businesses
If a cannabis business is struggling because of production woes in the cultivation department, it's a situation that can be remedied.
News July 7
Canadian cannabis retailer High Tide buying Choom stores for CA$5.1 million
Calgary-based adult-use marijuana retail chain High Tide announced a deal to acquire nine stores from Choom Holdings, including two in British Columbia, six in Alberta, and one in Ontario, amid…
News July 7
7/10: The ‘other’ marijuana holiday boosting retail sales
Step aside, 4/20. There’s another unofficial marijuana-related holiday that retailers can take advantage of. 7/10, or “Dab Day,” is dedicated to cannabis users who prefer concentrates such as live resin,…
News July 7
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