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Hemp and cannabis lobbies intensify feud after Congress delays federal ban
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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
Workers at Michigan cannabis retailer unionize with UFCW
Workers at Manistee, Michigan, cannabis store Authentic 231 unionized with the United Food and Commercial Workers (UFCW) with the support of parent company Left Coast Holdings.
News March 21
Opinion: 2022 could be the year for pharmaceutical marijuana
Despite the success of adult-use marijuana, 2022 is looking like the year pharmaceutical cannabis becomes a major market driver.
News March 21
Canadian cannabis retail sales shrank to CA$347.2 million in January
Canadian retail sales of regulated adult-use cannabis totaled 347.2 million Canadian dollars ($275.2 million) in January, according to new data from the country's statistics authority.
News March 18
Kentucky House passes medical marijuana bill; Senate vote is next
The Kentucky House of Representatives passed a restrictive medical marijuana bill by a vote of 59-34. The measure, approved Thursday, now goes to the Republican-controlled Senate, where passage is less…
News March 18
Schwazze to buy Denver cannabis retailer, grower for $3.2 million
Colorado-based marijuana company Schwazze signed an agreement to acquire Urban Health & Wellness, a cannabis retailer and cultivator in Denver, for $3.2 million.
News March 18
Amid transformation push, marijuana producer Hexo posts CA$690.3M Q2 loss
Major Canadian marijuana producer Hexo Corp. posted a net loss of nearly 690.3 million Canadian dollars ($547 million) for the quarter ended Jan. 31, including write-downs worth CA$616 million.
News March 18
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