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Marijuana firm Australis Capital changes name to Audacious Brands

Marijuana operator Australis Capital said Tuesday that it's renaming itself and will now do business as Audacious Brands.

News June 22
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US Supreme Court declines to hear cannabis tax case

The U.S. Supreme Court took a pass on a cannabis business tax case, marking another legal defeat for industry advocates attempting to overturn the onerous Section 280E of the federal…

News June 22
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Connecticut governor signs adult-use marijuana legalization into law

With his signature on Senate Bill 1201, Gov. Ned Lamont on Tuesday made Connecticut the latest state to officially legalize recreational marijuana.

News June 22
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Court rejects Missouri’s residency requirement for cannabis companies

A federal judge in Missouri ruled in favor of a Pennsylvania investor who sued the state's medical cannabis regulators over a residency requirement for MMJ business owners.

News June 22
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6 rapid tests approved to detect yeast and mold in cannabis

Validated rapid testing for total yeast and mold in cannabis is now a reality, thanks to six new approvals of tests applying technology from the food and environmental sectors. Traditional…

News June 22
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3 former executives of cannabis producer CannTrust charged with fraud

Three former directors of embattled Canadian cannabis producer CannTrust, including its former chief executive officer, have been charged with offenses such as fraud and making false or misleading statements.

News June 22
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New Jersey marijuana companies scrutinized for ‘gifting’ practice

Four marijuana companies in New Jersey are coming under fire from the state attorney general's office for giving away cannabis to customers who buy other items such as snacks or baked…

News June 22
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Marijuana firms, developers line up real estate ahead of New York’s adult-use sales

With adult-use cannabis newly legal in New York, entrepreneurs and developers on the prowl for real estate are scooping up everything from a former prison site to greenhouses - and…

News June 22
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Canada’s dried cannabis inventory falls four consecutive months

The amount of dried cannabis held in stock by Canadian producers, wholesalers and retailers fell in March for the fourth straight month, according to the latest data from the federal…

News June 21
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