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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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Nevada cannabis consumption lounges on pace to open in 2022
Nevada’s cannabis industry will have a new way to reach consumers with marijuana consumption lounges planned to open next year, a potential boon to businesses in a state that annually…
News August 20
Leafly challenges Florida’s ban of third-party online marijuana services
Leafly filed a legal challenge against Florida regulators who claim the online marijuana e-commerce company violates a state law banning third-party cannabis-dispensing services.
News August 20
Hexo sets $140 million raise for acquisition, US cannabis expansion
Canadian cannabis grower Hexo Corp. priced a public offering to raise $140 million. The offering follows a shelf prospectus supplement that Hexo filed May 25. Proceeds from the share offering will…
News August 20
Illinois marijuana lotteries over, but legal fights make future uncertain
The third and final lottery of the summer for Illinois' quickly expanding adult-use marijuana market resulted in the awarding of 75 new retail permits.
News August 20
Canada’s retail cannabis sales grow to CA$318.7M in June, another record
Retail sales of legal adult-use cannabis in Canada increased to nearly 318.7 million Canadian dollars ($246.9 million) in June, growing more than 1.7% from the previous record set in May.…
News August 20
Schumer’s marijuana reform bill would create industry winners and losers, experts say
Since Senate Majority Leader Chuck Schumer unveiled a draft of his federal marijuana legalization bill in July, questions have begun percolating about what cannabis businesses stand to win or lose…
News August 20
New Jersey’s initial adult-use marijuana rules give edge to small businesses
New Jersey regulators took a key step Wednesday toward developing a billion-dollar recreational marijuana market, announcing an initial set of rules that prioritize local and minority entrepreneurs. That could help…
News August 19
Oklahoma taps new director to oversee thriving medical cannabis market
Oklahoma's marijuana regulatory agency hired another new director, the fourth in the past three years.
News August 19
Court OKs Trulieve’s acquisition of fellow marijuana MSO Harvest Health
Multistate marijuana operator Trulieve's blockbuster $2.1 billion deal to acquire another cannabis MSO, Harvest Health & Recreation, is a step closer to reality after Harvest received a final court order…
News August 19
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