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$140 million Colorado marijuana ownership dispute revived by judge
A Denver judge has thrown out a $140 million arbitration award granted to founders Josh Ginsberg and Rhett Jordan, who were challenging an attempted sale by owner/investor Peter Knobel and…
News May 19
Cresco Labs secures $38 million tax breaks for New York cannabis facility
Multistate operator Cresco Labs succeeded in its push to get $38 million in tax breaks for a planned cannabis cultivation and manufacturing facility in Ulster County, New York.
News May 19
California gov’s marijuana tax plan fails to fix key problems, industry officials say
California Gov. Gavin Newsom's proposal to eliminate the state cultivation tax on marijuana is a welcome move, according to industry officials. But they argue the governor's plan fails to go…
News May 19
Canopy inks option deal to buy CA cannabis extractor for at least $69M
Smiths Falls, Ontario’s Canopy Growth Corp. entered a deal giving it the right to buy California-based Jetty Extracts for at least $69 million (89 million Canadian dollars) in cash and…
News May 18
Actor Sacha Baron Cohen drops lawsuit over ‘Borat’ marijuana billboard
Actor Sacha Baron Cohen dropped a lawsuit against Massachusetts marijuana cultivator and retailer Solar Therapeutics, which featured his popular "Borat" character on a highway billboard without permission.
News May 18
Opinion: Financing challenges continue to plague mainstream cannabis industry
Financing challenges are at the top of a long list of growing pains cannabis companies are facing.
News May 18
$5 million plan to use marijuana taxes for hemp processing fails in Colorado
A Colorado proposal to use $5 million in marijuana tax collections to help buy machines to process hemp fibers failed.
News May 18
Rhode Island lawmakers change adult-use cannabis legalization bill
Legislators in Rhode Island revised a bill to legalize adult-use cannabis with the hope the changes could help the measure pass the state's General Assembly.
News May 18
Ohio awards 70 provisional licenses for medical marijuana dispensaries
The number of medical marijuana storefronts in Ohio could soon more than double after the state’s pharmacy board approved 70 provisional dispensary licenses.
News May 18
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