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The cannabis industry is having a price compression crisis. What’s the solution?
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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
First marijuana social equity consumption lounge licensed in Denver
Denver approved the city's first social equity license for a marijuana consumption lounge, a move that could lead to a boost in sales for the market as people have more…
News March 22
Arkansas posts $21.1 million in February medical cannabis sales
February medical cannabis sales in Arkansas totaled $21.1 million, according to new data from the state.
News March 22
New Mexico set to launch $400 million adult-use marijuana market likely to attract Texans
New Mexico is set to roll out the nation's newest adult-use marijuana market on April 1, with a focus on providing plentiful opportunities to small local businesses in the first…
News March 22
Georgia retailers win restraining order over hemp-derived THC products
Cannabis retailers in Georgia won at least a temporary legal victory against an Atlanta-area district attorney who had been aggressively trying to shut down hemp-derived THC product sales.
News March 21
South Dakota governor signs bills that add some medical cannabis restrictions
South Dakota Gov. Kristi Noem signed six medical marijuana and hemp bills into law, some of which make the MMJ program more restrictive.
News March 21
WA state treasurer pushes for marijuana banking in wake of retail robberies
Washington Treasurer Mike Pellicciotti met in Washington DC with members of the state's congressional delegation to argue for marijuana banking reform on behalf of cannabis retailers in the market.
News March 21
Cronos CEO Schmidt retires, Gorenstein retakes helm of cannabis producer
Canadian cannabis producer Cronos Group announced the retirement of CEO Kurt Schmidt, effective immediately, and the appointment of Mike Gorenstein as CEO.
News March 21
Congressman Don Young, marijuana champion, dies at 88
The marijuana industry lost a staunch ally Friday when U.S. Rep. Don Young, the longest-serving member of the House of Representatives, died at age 88.
News March 21
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