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Analysis: Cannabis MSOs could borrow nearly $2 billion – if they want to
The nation’s largest marijuana multistate operators collectively could tap into nearly $2 billion worth of debt - should any want to borrow money to expand capacity, make acquisitions or buy…
News June 10European Union taps the brakes on CBD foods and supplements
European Union regulators are hitting the pause button on plans to allow CBD to be sold over the counter and added to foods and dietary supplements.
News June 9US mayors, financial institutions throw support behind cannabis banking reform
The U.S. Conference of Mayors and two leading banking organizations have joined the call for the U.S. Congress to pass the cannabis banking reform measure known as the SAFE Banking…
News June 9Iowa’s first medical marijuana licensee unveils new name, expansion plans
MedPharm Iowa, which was awarded the first medical marijuana business license in the state, is changing its name and expanding its footprint.
News June 9Neptune latest to retreat from Canadian cannabis industry
Neptune Wellness Solutions is the latest business to retreat from Canada’s increasingly competitive cannabis industry.
News June 9Illinois adult-use marijuana sales flat in May at $130 million
Adult-use marijuana sales in Illinois are flat and on pace to reach roughly $1.5 billion this year, only about a 10% increase from 2021, according to the most recent state…
News June 9Vermont licenses 2 cannabis testing labs ahead of adult-use sales launch
Vermont regulators licensed two laboratories to test adult-use cannabis in the state's burgeoning program.
News June 9Montana marijuana industry notches victories in local elections
Montana marijuana businesses can breathe a bit easier after local elections Tuesday, when voters rejected a proposed ban on adult-use businesses in the state's most populous county.
News June 9Climate change will affect where and how cannabis is grown
Cannabis growers are confronting the same issue that threatens to upend the wine industry and other agricultural-based businesses - shifting weather patterns and climate change. Those shifts are forcing cannabis…
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