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Virginia governor-elect Youngkin lukewarm about recreational marijuana

Virginia’s newly elected Republican governor says he isn’t opposed or looking to overturn recreational marijuana legalization, but “I think there is a lot of work to do.”

News January 4
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MJBiz acquired by Emerald X for $120 million-plus

MJBiz has been acquired by Emerald X, a wholly owned subsidiary of Emerald Holding, a New York-based business-to-business event and media company, for $120 million in cash plus potential earnouts.

News January 4
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Organigram ups investment in cannabinoid firm Hyasynth by CA$2.5 million

Canadian cannabis producer Organigram increased its investment in cannabinoid biosynthesis company Hyasynth Biologicals, the companies announced.

News January 3
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Oklahoma forges ahead with adult-use marijuana initiative despite legal fight

The effort to put adult-use marijuana on this fall's ballot in Oklahoma is moving ahead despite a legal challenge, an advocate said.

News January 3
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California cannabis company sues over revoked business license

A California cannabis business that lost a license after its former owner was convicted on bribery charges is suing the municipality that revoked the permit, claiming city leaders exceeded their…

News January 3
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Ascend calls out MedMen for nixing marijuana acquisition deal

MedMen Enterprises "materially breached" the terms of a deal in which Ascend Wellness Holdings would acquire most of MedMen's New York marijuana operations, Ascend says.

News January 3
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10 cannabis industry trends to watch for in 2022

Now that the new year is here, cannabis industry executives can expect to face a crosscurrent of trends in 2022.

News January 3
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Green Thumb buys LeafLine to enter Minnesota medical cannabis market

Multistate operator Green Thumb Industries entered Minnesota's medical cannabis market by purchasing LeafLine Industries for an undisclosed price, giving GTI one of only two vertical licenses in the Midwest state.

News December 30
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Opinion: Allow Maryland’s minority-led marijuana companies time to get established

Legislative leaders in Maryland have announced their interest in passing legislation to place a referendum on the ballot next year to legalize recreational marijuana.

News December 30
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