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Arizona tightens social equity rules in advance of cannabis licensing

Arizona regulators finalized rules for the 26 social equity licenses to be issued as part of the state’s adult-use cannabis program, adding language that prevents an applicant from entering into a…

News October 18
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Marijuana SPAC Achari Ventures goes public in $100 million IPO

Achari Ventures Holdings Corp. I, a special purpose acquisition company (SPAC) formed to acquire non-plant-touching marijuana companies, went public on the Nasdaq Global Market.

News October 18
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Will new regulators association bring clarity, consistency to cannabis industry?

A unified, national approach to cannabis regulation has long been the goal for an industry seeking clarity across state lines.

News October 18
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Hexo CEO St. Louis departs cannabis firm amid sudden strategic reorganization

Ottawa, Ontario-headquartered Hexo Corp.'s longtime CEO, Sébastien St. Louis, is leaving the cannabis producer he helped create almost a decade ago, effective immediately.

News October 18
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Marijuana growers face costly labor challenges, seek solutions

A coronavirus-induced labor shortage among marijuana cultivators is causing production delays, straining workers and costing some companies thousands of dollars in lost profits.

News October 18
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After two-year wait, New Jersey issues 14 more medical cannabis permits

New Jersey regulators awarded 14 new medical cannabis business licenses in advance of next year's likely adult-use market launch.

News October 15
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Florida paves way for Black farmer medical cannabis license

Florida announced an emergency rule to issue one license designated for a Black farmer to compete in the state’s billion-dollar medical marijuana industry.

News October 15
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Nevada recreational marijuana sales top $1 billion

Recreational marijuana sales in Nevada surpassed the $1 billion mark for fiscal year 2021, according to data from the state.

News October 15
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Mississippi gov issuing ‘unreasonable demands’ on cannabis, lawmakers say

Republican state lawmakers in Mississippi say that GOP Gov. Tate Reeves has been delaying a special session of the Legislature with "unreasonable demands" on parameters of a bill to legalize…

News October 15
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