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Canadian cannabis giant SNDL claims to be world’s largest after Parallel takeover
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Oklahoma should stop issuing new marijuana licenses, report suggests
Lawmakers in Oklahoma should hit pause on the currently unlimited number of medical marijuana business licenses being issued in the state, a legislative report recommends.
News February 15
Rash of robberies has Washington state’s cash-only cannabis industry on edge
Cannabis companies in Washington state are reporting an increase in armed robberies, forcing business owners to spend more money to safeguard their stores.
News February 15
How to stave off marijuana industry monopolies: Q&A with Shaleen Title
With many U.S. marijuana executives arguing that federal legalization is only a matter of time, industry insiders and politicians are increasingly focused on how to structure a national cannabis marketplace…
News February 15
Cannabis producer Hexo pitches stock consolidation to save Nasdaq listing
Struggling Canadian cannabis producer Hexo Corp. is asking shareholders to greenlight a reverse stock split in order to boost its shares and regain compliance with the Nasdaq’s continued listing standards.
News February 14
Nevada marijuana producer Flower One signs loan for $10.1 million
Las Vegas-based marijuana producer Flower One announced proceeds of $10.1 million from a term loan with an unspecified existing shareholder and also modified previously existing debt as the company works…
News February 14
Pioneering cannabis banking company Safe Harbor to trade on Nasdaq via $185 million deal
A cannabis financial institution led by industry pioneer Sundie Seefried is on its way to going public on the Nasdaq through a $185 million merger that will give the company…
News February 14
Michigan renames state marijuana regulatory agency, folds in hemp
Michigan's state marijuana regulatory agency is getting a new name and adding hemp to its purview.
News February 14
Cannabis MSO MedMen loses chief revenue officer
The chief revenue officer has resigned at California-based cannabis multistate operator MedMen, a little more than a year since she assumed the role.
News February 14
California localities detail plans to spend $100 million to fix marijuana licensing logjam
California’s Department of Cannabis Control has started to disperse $100 million to 17 municipalities and counties to help them transition thousands of marijuana businesses holding temporary licenses over to annual permits.
News February 14
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