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The cannabis CEO behind a $2.1 billion sale bets again, but smaller
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Canadian cannabis producer Flowr cuts 40% of staff, sells assets to save cash
Canadian cannabis producer The Flowr Corp. eliminated 40% of its workforce and sold a large parcel of land in a bid to save cash.
News June 27
Key marijuana tax reforms absent in California budget blueprint
California lawmakers approved a preliminary $300 billion state budget this month, but they left several marijuana business issues unresolved - the latest sign of the industry’s lack of influence at…
News June 27
Colorado cannabis company lays off workers, closes cultivation facility
One of Colorado's largest cannabis brands laid off 33 employees - almost a quarter of its staff - and shuttered one of three cultivation sites.
News June 24
Employees at California marijuana distributor ratify Teamsters contract
Workers at Oakland, California-based marijuana distributor Nabis ratified their first union contract, the Teamsters Local 630 announced.
News June 24
Rhode Island cannabis pesticide testing to begin at end of June
All cannabis grown by licensed cultivators in Rhode Island must be tested for pesticides starting at the end of the month.
News June 24
New Jersey fines 5 marijuana operators $360,000 for adult-use infractions
New Jersey regulators fined five marijuana multistate operators a total of $360,000 for allegedly making nearly 3,200 adult-use sales in April during hours that were to be set aside for…
News June 24
Texas Supreme Court upholds smokable-hemp ban
Texas' Supreme Court restored a 2019 smokable-hemp ban, throwing out a lower court's rejection of the prohibition and outlawing any companies in the state that currently manufacture hemp products for…
News June 24
‘Proposed settlement’ reached in contaminated Organigram cannabis suit
Canadian cannabis producer Organigram said it has reached a "proposed settlement" over a class action lawsuit regarding pesticide-contaminated medical marijuana that the company recalled in late 2016 and early 2017.
News June 24
State AGs urge Congress to clamp down on ‘copycat’ marijuana edibles
Nearly two dozen state attorneys general from across the U.S. signed a letter to congressional leaders this week urging lawmakers to crack down on marijuana edibles brands that imitate popular…
News June 24
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