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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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New York eases medical cannabis rules to allow sale of smokable flower
At its first meeting, New York's medical cannabis regulatory agency amended the state's marijuana program, including broadening who can recommend medical marijuana as a treatment and the sale of flower.
News October 6
Massachusetts permits hemp sales by marijuana retailers
Hemp growers in Massachusetts can now sell hemp extracts and smokable flower to the state's more than 200 licensed marijuana retailers, a move that should allow MJ stores to serve…
News October 6
Cannabis financier AFC Gamma to raise $100 million in new notes offering
Cannabis real estate lender AFC Gamma announced plans to raise $100 million through an upcoming debt offering.
News October 6
Illinois recreational marijuana sales already nearing $1 billion for 2021
Recreational marijuana sales in Illinois have reached nearly $1 billion, and three months remain in the calendar year.
News October 6
California ‘burner’ distributor lawsuit underlines why licensed cannabis firms cheat to stay afloat, insiders say
When the CEO of a California marijuana retail chain sued the state in September over so-called "burner distribution licenses," he focused a spotlight on an issue that many in the…
News October 6
US judge tosses investor lawsuit targeting cannabis producer Sundial
A federal judge in New York cleared Sundial Growers of wrongdoing in a lawsuit filed by angry investors who said the Calgary, Alberta-based cannabis producer misled them about plans to…
News October 5
Marijuana technology company Akerna raises $20 million
Colorado-based marijuana technology company Akerna raised $20 million of capital to support a recently announced acquisition, future growth and investments in its enterprise software infrastructure.
News October 5
Cannabis firm Agrify buys two Sinclair Scientific brands for at least $50 million
Ancillary cannabis business Agrify said it acquired two marijuana- and hemp-related equipment and services brands from Sinclair Scientific for at least $50 million.
News October 5
Oklahoma medical marijuana chief calls for more inspectors, regulations
Oklahoma's medical marijuana market is one of the loosest in terms of regulations of any program in the state, but the state's new chief cannabis regulator is looking to change…
News October 5
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