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The cannabis industry is having a price compression crisis. What’s the solution?
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Investor-pitching tips for cannabis entrepreneurs
"Show me the money." The classic line from the film “Jerry Maguire” reverberates through many of the pitches entrepreneurs make to investors for funding. In one sense, of course, the…
News March 23
Detroit again delays launching recreational cannabis market
Detroit failed once more to follow through on a promised recreational marijuana ordinance that would allow entrepreneurs to launch adult-use businesses, this time delaying a City Council vote on the…
News March 23
Metrc lands South Dakota’s medical marijuana track-and-trace contract
Florida-based seed-to-sale traceability company Metrc signed a contract to provide track-and-trace services to South Dakota’s medical cannabis program.
News March 23
High gasoline prices undermining cannabis delivery firms, driving some to go electric
Skyrocketing gasoline prices are putting pressure on North American cannabis delivery companies, many of which are already struggling to be profitable while paying out high regulatory fees and operational costs.
News March 23
Cresco Labs to buy rival marijuana MSO Columbia Care in $2 billion deal
Major multistate cannabis operators Cresco Labs and Columbia Care said Wednesday they have agreed to combine in a blockbuster deal worth roughly $2 billion, with Chicago-based Cresco set to acquire…
News March 23
UT bars smokable hemp, CBD in food, gives hemp oversight to US
Utah banned smokable hemp and CBD in food under a new law that also shifts oversight of the plant's production to the U.S. Department of Agriculture.
News March 23
Texas hemp companies ask state’s high court to toss smokable-hemp ban
Four Texas hemp companies on Tuesday asked the state's high court to throw out a statewide ban on smokable hemp and preserve their ability to peddle a product with booming…
News March 22
Arizona marijuana sales dip 10% in January
Marijuana sales in Arizona declined in January to $115 million, the lowest total in the state since February 2021 - the first full month of recreational sales.
News March 22
Raids in Southern California net 73 arrests, 156,000 cannabis plants
Southern California officials conducted a wide-ranging, multiweek crackdown in desert communities between Los Angeles and Las Vegas, resulting in 73 arrests and raids at 53 locations.
News March 22
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