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New Jersey prepares to launch $2 billion recreational cannabis market

New Jersey’s recreational cannabis market is gearing up to launch within weeks and is poised to become one of the largest on the East Coast with annual sales projected to…

News March 14
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Marijuana MSO Moxie sues backers of Green Growth linked to merger collapse

California cannabis multistate operator Moxie sued the billionaire family backing insolvent Green Growth Brands, claiming fraud in connection with a $310 million merger deal in 2019 that was scrapped.

News March 11
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Ancillary cannabis company Greenlane cuts costs, seeks loan

Greenlane Holdings, a distributor of cannabis accessories, is undertaking cost-cutting measures in a bid to raise capital and achieve profitability.

News March 11
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Delaware adult-use marijuana legalization bill fails in House

A bill in Delaware that would have legalized adult-use marijuana in the state and set up a cannabis business program was defeated in the House.

News March 11
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Canadian Supreme Court to scrutinize Quebec ban on homegrown cannabis

Canada’s Supreme Court said it will hear a challenge on the constitutionality of Quebec’s law banning the home cultivation of adult-use cannabis.

News March 11
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College marijuana programs give companies a source for new employees

Colleges and universities across the country are stepping up to meet the demand for workers skilled in the cannabis industry, and they’re connecting their graduates with potential employers.

News March 11
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Ohio sold more than $381 million in medical marijuana last year

Ohio medical cannabis companies sold more than $381 million worth of MMJ in 2021, up about 72% from 2020.

News March 10
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British American Tobacco ups stake in cannabis producer Organigram

British American Tobacco is investing another 6.35 million Canadian dollars ($5.1 million) in Organigram, increasing its stake in the Atlantic Canada-based cannabis producer to 19.5%, the companies announced.

News March 10
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New York to issue first retail licenses to those with marijuana convictions

New York’s initial round of 100 to 200 recreational cannabis retail licenses will be focused on applicants with marijuana-related convictions, state officials said.

News March 10
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