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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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California OKs $100 million grant to help with cannabis business licensing
A one-time $100 million grant to help California cities and counties streamline cannabis business licensing requested by California Gov. Gavin Newsom won approval in the state Legislature. According to the…
News June 15
Green job crunch: Rising hourly wages squeeze marijuana businesses
Marijuana businesses that remained open during the COVID-19 pandemic now face a brand-new challenge: tight labor markets and intense competition for entry-level employees as the economy springs back to life.
News June 15
Massachusetts extends marijuana curbside pickup, telehealth consults
As another sign of how the COVID-19 pandemic has affected the cannabis industry, Massachusetts regulators are extending curbside pickup of marijuana and telehealth consultations for medical marijuana patients for at…
News June 15
Equity in cannabis: Q&A with Sumayyah Emeh-Edu, Canopy’s VP of diversity and inclusion
Sumayyah Emeh-Edu, the new vice president of diversity, equity and inclusion (DEI) at Canadian cannabis producer Canopy Growth Corp., says marijuana businesses trying to achieve equity can’t rely on goodwill…
News June 15
Cronos inks deal to buy cannabis MSO PharmaCann stake for $110 million
A subsidiary of Toronto-based Cronos Group purchased an option to acquire approximately 10.5% of PharmaCann, one of the largest privately held cannabis companies in the United States, for $110.4 million…
News June 14
Marijuana legalization outlook: Connecticut to weigh adult use in special session as RI bill stalls
Connecticut lawmakers will tackle adult-use marijuana legalization in a special session scheduled to start this week after a state House vote was postponed during the regular session that ended June…
News June 14
‘Craft absolutely surprised us,’ Hexo CEO says as cannabis sales plunge
Canadian cannabis producer Hexo Corp. lost almost 21 million Canadian dollars ($17.3 million) in its third quarter on revenue that came in substantially lower than expected, in part, because of…
News June 14
Groups drop lawsuit challenging Montana adult-use marijuana measure
A legal challenge to voter-approved adult-use marijuana legalization in Montana has been dropped in the wake of the state Legislature weakening the measure.
News June 14
Florida medical marijuana operators in ‘catbird seat’ after state court decision
A recent Florida Supreme Court decision plays into the hands of established medical marijuana multistate operators in the state, although it also could spur additional licenses, investment by others and…
News June 14
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