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Rhode Island becomes 19th state to legalize adult-use marijuana
Rhode Island officially became the 19th state in the U.S. to legalize adult-use marijuana when Democratic Gov. Dan McKee on Wednesday signed into law a bill passed by state lawmakers…
News May 25How to effectively tell your cannabis company’s story to investors
Cannabis entrepreneurs must keep in mind that investors will reward strong businesses regardless of the broader economic environment.
News May 25Arizona’s Item 9 Labs strikes $12.8M deal for Canada’s Sessions Cannabis
Item 9 Labs Corp., an Arizona-based company that invests in marijuana-related businesses, signed an agreement to acquire Wild Card Cannabis, which includes Sessions Cannabis, one of the largest franchise MJ…
News May 25Oregon marijuana entrepreneur countersues Curaleaf exec for $625M
Nitin Khanna, a marijuana entrepreneur in Oregon, filed a nearly $625 million countersuit against an investor group that includes Curaleaf Holdings Executive Chair Boris Jordan over a failed CBD company.
News May 25NJ sells $24M of recreational cannabis in first month; more licenses issued
In the first month of recreational cannabis sales, New Jersey retailers sold $24 million worth of adult-use products.
News May 25Oklahoma recalls 99 medical marijuana products, suspends lab’s license
Oklahoma regulators are accusing a testing lab of reporting passing results for dozens of contaminated medical marijuana products, leading to a recall affecting 33 cultivation and processing businesses.
News May 25Canadian cannabis producers’ overdue excise taxes more than triple to CA$52M
Unpaid federal excise duty is piling up in Canada’s cannabis industry, with excise debt more than tripling to 52.4 million Canadian dollars ($40 million) as of March 2022, up sharply…
News May 25Rhode Island legislators pass bill legalizing recreational marijuana
Rhode Island is poised to become the 19th state in the U.S. to legalize recreational marijuana, after House and Senate legislators on Tuesday passed limited-license, social equity-focused legislation.
News May 24Registration is now open for MJBizCon 2022 in November
Registration for MJBizCon 2022 is now open, as the world’s largest cannabis business event prepares to welcome cannabis industry professionals back to the Las Vegas Convention Center on Nov. 15-18.
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