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2 Ohio Democrats push for recreational marijuana legalization

Two Ohio Democratic lawmakers plan to introduce a recreational marijuana legalization bill similar to the language of a ballot referendum launched by the Coalition to Regulate Marijuana Like Alcohol.

News April 22
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Decibel books CA$1.7 million profit on rising cannabis sales

Decibel Cannabis Co. recorded net income of 1.7 million Canadian dollars ($1.3 million) for the 2021 fiscal year and positive adjusted EBITDA of CA$7.4 million on the back of growing…

News April 22
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Canada’s adult-use marijuana sales continue decline in Feb. to CA$336.4M

Sales of legal adult-use cannabis in Canada declined 2.9% from January to February, new government retail sales data show.

News April 22
Chart and map showing Montana recreational marijuana sales for the first quarter of 2022

County politics could hamper Montana’s recreational cannabis market

County-level political battles could upend Montana’s newly launched recreational cannabis market, which is on track to generate $215 million or more in sales in 2022 during its first year of…

News April 22
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Hexo closing Belleville cannabis facility, laying off another 230 workers

Struggling Canadian cannabis producer Hexo Corp. is closing its Belleville facility and transitioning its operations to other sites as part of a "strategic plan" to become cash-flow positive from operations.

News April 21
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AFC Gamma lends Florida marijuana MSO Bloom Medicinals up to $82.5 million

Cannabis real estate lender AFC Gamma announced a senior secured credit facility worth up to $82.5 million for Florida-based privately held multistate marijuana company Bloom Medicinals.

News April 21
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Switzerland aims for summer start of recreational cannabis trial program

Europe’s latest recreational cannabis trial program is set to begin in Basel, Switzerland, this summer.

News April 21
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New Hampshire Senate panel rejects recreational marijuana

A New Hampshire Senate committee rejected a bill that would legalize recreational marijuana sales, but only at state-owned stores.

News April 21
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British Columbia cannabis company planning CBD mall kiosks in US

Kelowna, British Columbia-based cannabis product manufacturer The Valens Co. plans to open kiosks to sell CBD in roughly 60 U.S. shopping malls.

News April 21
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