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Texas CBD retailer challenges town’s head shop exclusion
A Texas retail chain that sells CBD and smokable hemp is suing a suburb of Austin for "intentional acts of harassment" after city officials wrongly decided it is an illegal…
News June 6Detroit sued again over recreational marijuana licensing ordinance
A second Detroit medical marijuana company filed suit against the city over its proposed recreational marijuana licensing ordinance.
News June 6Opinion: How cannabis retailers can improve woefully inadequate consumer education
We can’t educate people about cannabis nearly as fast as new consumers will come into the marketplace, and so because the rate of cannabis education is much, much slower than…
News June 6Louisiana lawmakers agree to expand medical marijuana dispensaries
Louisiana legislators passed a bill that allows for the expansion of the number of medical marijuana dispensaries, or so-called pharmacies, from nine to 30 over time, with the option to…
News June 6Aurora Cannabis buys back $20 million worth of convertible debt
Aurora Cannabis has bought back roughly $20 million worth of convertible senior notes to reduce debt and "annual cash interest costs."
News June 3Vermont OKs seven more recreational marijuana cultivation licenses
Seven additional cannabis grow licenses were approved in Vermont as the state increases suppliers for a recreational marijuana market that's expected to launch in October.
News June 3New Mexico cannabis sales hit nearly $39 million in May
Recreational and medical cannabis sales in New Mexico topped $38.5 million in May, according to the state's marijuana regulator.
News June 3Silver Spike, others lend up to $170M to CA marijuana company Shryne Group
Silver Spike Investment Corp. co-led a loan worth up to $170 million to privately held California marijuana grower, manufacturer and retailer Shryne Group.
News June 3California targets cannabis businesses over unpaid taxes
California’s business tax collector is ramping up enforcement against unlicensed and licensed cannabis companies, which owe the state nearly $200 million in unpaid taxes.
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