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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 25
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How 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 25
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Arizona’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 25
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Oregon 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 25
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NJ 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 25
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Oklahoma 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 25
A chart and map showing where Canadian cannabis excise debt has soared

Canadian 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 25
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Rhode 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 24
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Registration 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.

News May 24
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