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California cannabis companies sell assets, narrow focus to save money

Vertical integration was the name of the game when California launched its recreational marijuana market in 2018, as companies handled everything from cultivation to retail sales and home delivery. Four…

News May 6
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New York OKs 36 more recreational cannabis cultivation permits

New York marijuana regulators approved 36 more conditional licenses to grow recreational marijuana, adding to the list of hemp growers approved to kickstart the new adult-use program.

News May 5
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South Carolina House leader kills medical marijuana bill

A state House leader ruled that the South Carolina Compassionate Care Act, S. 150, couldn't be considered by lawmakers further because it included an unconstitutional tax increase, the Associated Press reported.

News May 5
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MSO MariMed buys Illinois cannabis licensee Green Growth Group

Multistate marijuana company MariMed completed the acquisition of Illinois cannabis company Green Growth Group, vertically integrating its business operations within the Midwestern state.

News May 5
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Ontario cannabis store count approaches 1,900 amid retail glut worries

New data from Ontario's cannabis retail regulator show nearly 1,500 cannabis stores operating in Canada's biggest adult-use marijuana market and hundreds more applications in the pipeline, reinforcing concerns that a…

News May 5
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New York hemp growers prep to cash in on recreational marijuana market

New York hemp growers hit hard by an oversaturated market and low prices are jumping at another chance to grow the same species of plant, just a different variety: marijuana.

News May 5
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What’s your best business strategy in advance of marijuana legalization?

Here are some tips on how to best run your marijuana business - and seek capital - until there is a breakthrough on federal legalization.

News May 4
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Missouri appeals judge throws out challenge to marijuana license limits

A Missouri appeals judge affirmed a lower court decision that rejected a challenge to the state’s medical marijuana licensing caps.

News May 4
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SD advocates submit signatures to put recreational marijuana on ballot

Proponents of legalizing adult-use marijuana in South Dakota have turned in thousands of signatures to the state secretary's office, which could be enough to put the issue on the November…

News May 4
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