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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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‘Wunderkind’ CEO of Neptune cannabis firm granted CA$69 million in compensation over 2 years
Neptune Wellness Solutions, a Quebec-based health and wellness company involved in the cannabis industry, paid CEO Michael Cammarata almost 70 million Canadian dollars ($56.7 million) in mostly noncash compensation in…
News October 29
Marijuana companies turn to training, sommelier-like roles to stem employee turnover
Fine restaurants employ sommeliers who can tell diners just the right bottle to pair with, say, roast duck or pasta. Enter the marijuana industry’s newbie equivalent: the “ganjier,” who, like…
News October 29
Company challenges seizure of marijuana cash proceeds in Kansas
A Pennsylvania cash management company is asking a federal court to give back nearly $166,000 after law enforcement seized the money in Kansas from medical marijuana sales in Missouri.
News October 28
Nugs parent reaches deal to buy part of California cannabis cultivation facility
Los Angeles-based cultivator Cannabis Strategic Ventures signed a memorandum of understanding with Devine Solutions to purchase 10% of an indoor cannabis cultivation facility in Sacramento, California.
News October 28
Illegal marijuana grows in Oregon linked to drug cartels, state police say
Many illegal marijuana grows in one Oregon county are operated by national and international criminal organizations, according to state law enforcement.
News October 28
California’s ramped-up enforcement seizes 1.2 million illicit cannabis plants
Enforcement against illicit cannabis operators continues to ramp up in California, with authorities having seized 1.2 million illegal plants and more than 180,000 pounds of processed marijuana in 2021 alone,…
News October 28
Don’t give up on market opportunities for minor cannabinoids
The inclusion of delta-8 THC in the U.S. Drug Enforcement Administration's "orange book" of controlled substances in May 2021 left manufacturers, retailers, consumers and even attorneys scratching their heads.
News October 28
Cost of debt keeps going down for cannabis MSOs
The cost of debt continues to decline for the largest multistate operators, as evidenced by Verano Holdings Corp.’s recent loan amendment.
News October 27
Hydrofarm spends $58 million on another marijuana acquisition
Hydrofarm Holdings Group entered an agreement to acquire Illinois-based Innovative Growers Equipment (IGE) for $58 million, the cannabis cultivation equipment maker’s fifth acquisition in 2021. Pennsylvania-based Hydrofarm said in a…
News October 27
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