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Report warns of Michigan’s illicit marijuana market, but some dubious

The Michigan Cannabis Manufacturers Association released a report this week which found that roughly 70% of cannabis sales in 2020 occurred outside of licensed retail shops.

News June 29
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Cannabis MSO Columbia Care raises $74.5 million in private placement

Multistate marijuana operator Columbia Care has closed a private payment of convertible notes to raise $74.5 million.

News June 29
Chart showing Canadian sales of cannabis topicals by unit

Canadian cannabis topical makers hope to boost growth in niche category

Topical cannabis products, such as skin creams, lotions, bath bombs, massage oils and lubricants, became legal in Canada in late 2019, but the category remains small relative to other cannabis-derived…

News June 29
Chart showing the estimated full-time employment estimates for the U.S. cannabis industry and how that compares to other industries.

Cannabis job growth fueled by sales, new markets

Job growth in the cannabis industry will be fueled by sustained sales growth and the launch of new state markets, especially on the recreational side of the business. According to…

News June 29
Supreme Court Justice Clarence Thomas talks with Ag Secretary Sonny Perdue in 2017

Clarence Thomas: US marijuana ban ‘may no longer be necessary’

One of the U.S. Supreme Court's most conservative justices on Monday wrote in a legal opinion that the federal government's ongoing prohibition of cannabis may be out of date.

News June 28
marijuana deal

The Parent Co. buying West Hollywood cannabis retailer for $11.5 million

TPCO Holding Corp. (The Parent Company), a California-based vertically integrated marijuana operator, announced Monday it agreed to acquire MJ retailer Calma in West Hollywood, California, for $11.5 million.

News June 28
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WeedMD cuts outdoor cannabis output to focus on higher margin categories

Canadian cannabis producer WeedMD has significantly reduced outdoor cultivation at its Strathroy, Ontario, facility, turning this year’s open-air production into a research crop that won’t be sold to consumers. On…

News June 28
Christopher and Denise Mink

Why red Oklahoma is home to a booming medical marijuana market

People outside the cannabis industry might be surprised to learn that the most liberal medical marijuana market in the country isn't California anymore. Nor is it Colorado, Oregon or another…

News June 28
colorado marijuana recall

Colorado law caps patient purchases of medical marijuana concentrates

Colorado medical marijuana dispensaries will be required to limit patients' purchases of cannabis concentrates and younger patients will have less access to MMJ.

News June 25
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