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Cannabis awards are going mainstream. But does a win mean a sales boost?
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Pennsylvania lawmakers to again consider adult-use cannabis measure
Pennsylvania Democrats, as expected, are trying again to legalize adult-use cannabis through legislation. State Reps. Jake Wheatley and Dan Frankel on Tuesday introduced House Bill 2050, which would create a recreational…
News September 29
Jushi to go vertically integrated in NV with purchase of marijuana retailer
Marijuana multistate operator Jushi Holdings is buying Las Vegas marijuana dispensary The Apothecarium, the second of two Nevada cannabis business purchases Jushi has made recently.
News September 29
Western US marijuana growers prep for harvest after heat, drought and lower prices
From wildfires to record heat to prolonged drought, outdoor cannabis cultivators across the American West had more than a few obstacles to contend with this year.
News September 29
$50 million minority-owned cannabis facility breaks ground in Detroit
Former NBA All-Star Chris Webber broke ground on a $50 million cannabis operations and training center in Detroit’s trendy Corktown neighborhood.
News September 28
Village Farms eyes Dutch adult-use marijuana market via option deal
Village Farms International struck a deal that gives the British Columbia-based cannabis company an option to purchase an 80% stake in Netherlands-based Leli Holland B.V., one of 10 lottery winners…
News September 28
IRS debuts initiative to help cannabis companies pay taxes properly
The IRS launched a program aimed at helping businesses in state-legal cannabis markets pay their federal taxes properly under 280E, the onerous section of the U.S. tax code that disallows…
News September 28
Marijuana REIT purchases New York property in deal that will total $56.3M
Innovative Industrial Properties (IIP) is extending its real estate relationship with multistate marijuana company Goodness Growth Holdings after purchasing more than 92 acres in New York next to one of…
News September 28
Minority Cannabis Business Association launches in Maryland
In anticipation of the Maryland Legislature legalizing adult-use cannabis in the near future, two ex-politicians turned lobbyists formed a new trade organization dedicated to ensuring that people of color get…
News September 28
Marijuana Company of America borrowing $10 million to expand
Los Angeles-based cannabis holding company Marijuana Company of America (MCOA) raised $10 million via an equity line of credit agreement with White Lion Capital.
News September 28
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