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Organigram loss narrows on brisk cannabis sales

New Brunswick cannabis producer Organigram’s loss narrowed to 1.3 million Canadian dollars ($1 million) as adult-use sales soared over 70% compared to the comparable year-ago period, according to the company’s…

News January 11
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Marijuana producer Tilray buys two more craft beer brands for $5.1 million

Marijuana producer Tilray Brands acquired two California craft beer brands in late 2021, Alpine and Green Flash, in a cash and stock deal worth $5.1 million (6.4 million Canadian dollars),…

News January 11
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Washington state adult-use cannabis generates huge impacts, but tax burden high

Washington state’s adult-use marijuana industry directly employed 11,330 workers and generated more than $1.4 billion in revenue in 2020, according to a first-ever economic analysis of the market.

News January 11
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Supply-chain crunch hits California marijuana companies

California marijuana companies - already facing labor shortages, high taxes and regulatory red tape - are now contending with supply-chain gridlock, forcing many to reassess and revamp procurement strategies as…

News January 11
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Author of SAFE Banking cannabis measure won’t seek reelection this year

Colorado Democrat Ed Perlmutter, a champion in the U.S. House of Representatives for cannabis reform, announced Monday he won't run for reelection in 2022.

News January 10
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Arkansas registers $264.9 million worth of medical cannabis sales in 2021

Medical cannabis dispensaries in Arkansas sold a total of $264.9 million worth of MMJ in 2021, according to data released by the state's Department of Finance and Administration (DFA).

News January 10
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Oklahoma aims to beef up enforcement efforts on illicit medical marijuana businesses

Oklahoma's enforcement against unlicensed medical marijuana companies is likely to increase significantly in 2022 now that state regulators have taken advantage of increased funding and have ramped up hiring of cannabis…

News January 10
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New Jersey chooses Metrc to supply cannabis traceability system

New Jersey selected Florida-based Metrc to provide seed-to-sale tracking for the state's licensed cannabis program.

News January 10
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Advocates raise alarm about effort in Virginia to cut marijuana social equity fund

Minority-business advocates are concerned about a Republican-led bill in Virginia that would eliminate social equity funding for the state’s adult-use marijuana program.

News January 10
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