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Washington DC poised to create new licensed recreational cannabis market

The Washington DC City Council is set to lay the groundwork Friday for a long-delayed recreational marijuana industry, now that Congress appears ready to step out of the district's way…

News November 19
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Growers sue California county for obstructing adult-use cannabis licensing

A group of growers is suing a county and its sheriff in east central California for allegedly blocking adult-use cannabis licensing against the will of the voters.

News November 18
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Arizona suit aims to keep social equity permits away from marijuana MSOs

A lawsuit filed against the state of Arizona by a cohort of social equity advocates alleges that regulators haven't done enough to ensure that 26 cannabis business permits will wind…

News November 18
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Michigan recalls cannabis products over testing concerns

Michigan regulators issued a recall for cannabis products tested by Viridis Laboratories, calling the results inaccurate or unreliable.

News November 18
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California regulators about to increase marijuana taxes again

For the second time since California launched its legal cannabis market in 2018, regulators are going to raise marijuana taxes statewide.

News November 18
Chart showing growth in the cannabis point-of-sale category.

Competition heats up among providers of marijuana point-of-sale software

More companies have entered the marijuana point-of-sale market in 2021 than in previous years, setting up the possibility of downward price pressures in the POS sector and consolidation among businesses…

News November 18
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‘The kind of deal I was looking for’: Q&A with Nancy Whiteman, CEO of cannabis edibles maker Wana Brands

Nancy Whiteman, co-founder and CEO of Colorado-based cannabis edibles company Wana Brands, was the talk of MJBizCon in Las Vegas in October. People were buzzing about the deal Wana struck…

News November 18
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NV could pull cannabis testing lab’s license for boosting potency results

Nevada regulators could take away the business license of a cannabis testing laboratory and levy up to a $200,000 fine for allegedly saying cannabis products were more potent than they…

News November 17
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A practical case for cannabis companies paying higher interest rates + fantasy valuations

Sometimes it pays to add to an already high coupon rate rather than engage in a new capital raise.

News November 17
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