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Once-high-flying Flow Cannabis Co. falls to earth amid woes, offering lesson for others
The once-lofty future of Flow Cannabis Co. and its Flow Kana Brand is now uncertain given layoffs, executive departures and tight funding.
News January 25Oklahoma lawmaker seeks medical marijuana license moratorium
A legislator in Oklahoma is proposing a measure to place a moratorium on new medical marijuana licenses until regulators can confirm that existing operators are in full compliance with the…
News January 24Ex-chair of cannabis producer WeedMD gave friend insider information, watchdog alleges
A former chair of Canadian cannabis producer WeedMD illegally tipped off a longtime acquaintance about an unannounced greenhouse deal, which led to insider trading, Ontario’s securities regulator has alleged.
News January 24Massachusetts adult-use marijuana sales reach $2.54 billion
The licensed adult-use marijuana market in Massachusetts continues its rapid growth, posting total sales of $2.54 billion in a little more than three years.
News January 24Diversity slowly increasing among Colorado cannabis business owners
Diversity among business owners in the Colorado cannabis market is on the rise and has exceeded a goal set by the state, but the industry remains dominated by white men,…
News January 24Washington state marijuana industry robust, but challenges remain 10 years after legalization
Ten years after Washington voters approved one of the nation's first recreational marijuana programs, the state's cannabis industry has become among the country's largest, with annual sales of roughly $1.5…
News January 24Marijuana MSO PharmaCann raises $39.5 million through upsized debt offering
Privately held marijuana multistate operator PharmaCann raised net proceeds of $39.5 million through an upsized offering of senior secured notes.
News January 21South Dakota starts awarding medical cannabis dispensary permits
South Dakota issued its first three medical marijuana dispensary permits, but with no corresponding cultivation or processing licenses awarded, it's unclear when sales might begin.
News January 21Rhode Island governor renews push for recreational marijuana legalization
Rhode Island Gov. Dan McKee, as expected, is pushing again for recreational marijuana to be legalized this year.
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