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Labatt shutters CBD beverage unit in Canada in latest blow to category

Labatt Breweries of Canada, one of the country’s top beer makers, pulled the plug on its nonalcoholic CBD beverage unit in Canada, Fluent Beverages, signaling continued pressure on the nation's…

News April 5
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St. Louis medical marijuana dispensary workers unionize in a Missouri first

Eight workers at the Root 66 medical marijuana dispensary in St. Louis voted to join the United Food and Commercial Workers (UFCW) union.

News April 5
Table showing 2021 financial performances of marijuana multistate operators

US cannabis MSO revenue surges in 2021, fueled by expansion, acquisitions

The top cannabis multistate operators in the U.S. posted huge revenue gains in 2021 over the previous year as they expanded in high-growth markets and filled gaps in their geographic…

News April 5
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Key US senator says he’s open to medical marijuana legalization

Lindsey Graham, a leading U.S. Republican senator, opposes the marijuana legalization measure passed on Friday by the U.S. House of Representatives but said he’s open to legalizing medical cannabis.

News April 4
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Massachusetts regulators approve transfer of cannabis banking business

Massachusetts' Needham Bank completed its acquisition of Eastern Bank, including the transfer of the cannabis banking and money service businesses after receiving the necessary regulatory approvals.

News April 4
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New Mexico adult-use marijuana sales surpass $3.5 million in first three days

New Mexico's new adult-use marijuana market recorded more than $3.52 million worth of sales from market launch on Friday through Sunday.

News April 4
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Recreational cannabis will be on Maryland ballot in November

Maryland voters will have an opportunity to legalize a recreational cannabis market in November after a vote by state lawmakers put the question on the statewide ballot.

News April 4
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Prospects for federal marijuana reform: Q&A with GOP Rep. Nancy Mace

Republican U.S. Rep. Nancy Mace discusses the prospects of Congress passing her marijuana reform bill, the States Reform Act.

News April 4
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Canada streamlining application process to get cannabis to market quicker

Canada’s federal cannabis regulator is streamlining the application process to reduce the regulatory burden facing standard and micro-class marijuana processing license holders, a move that's intended to give new and…

News April 1
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