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Texas rejected a hemp THC ban. Why is the industry being regulated out of business?
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Ex-Massachusetts mayor found guilty in cannabis bribery scheme
A former mayor of Fall River, Massachusetts, on Friday was convicted of corruption after prosecutors alleged he engaged in a bribery scheme in which he solicited payments from cannabis companies…
News May 14
California governor proposes $100 million grant to ease marijuana licensing logjam
California Gov. Gavin Newsom announced Friday his new state budget proposal - called the California Comeback Plan - will include $100 million to alleviate a bureaucratic logjam that has left…
News May 14
Marijuana REIT to invest $67.8 million in Pennsylvania facility
Innovative Industrial Properties (IIP) and Atlanta-based multistate marijuana operator Parallel have struck another sale-leaseback deal. The San Diego-based real estate investment trust (REIT) said it has closed on a transaction…
News May 14
Canadian cannabis producer Hexo to enter US with Colorado facility
Hexo Corp. entered purchase and sale agreements for a 50,000-square-foot cannabis production facility in northern Colorado, marking a step forward for the Canadian producer's U.S. ambitions.
News May 14
Minnesota House OKs adult-use marijuana; Senate passage unlikely
That said, Republicans in May did not stop Minnesota lawmakers from legalizing hemp-derived products, including those containing delta-8 and delta-9 THC.
News May 14
Marijuana retail franchisers eye national franchises despite hurdles
From McDonald's to Marriott, from Subway to Century 21, franchise businesses are as American as apple pie. In the U.S. marijuana industry, however, retail franchising has yet to take off…
News May 14
Sundial’s adult-use cannabis revenue dives 38% in quarter
Sundial’s revenue from recreational cannabis in Canada plunged by more than one-third in its most recent quarter compared to the previous period, as the company took a hit from price…
News May 13
Strict Nebraska medical cannabis bill stalls; ballot measure is next step
A restrictive medical cannabis bill met its demise in the Nebraska Legislature on Wednesday after state lawmakers failed to overcome a filibuster. The bill, sponsored by Nebraska Sen. Anna Wishart,…
News May 13
Two US House Republicans pitch federal marijuana legalization bill
Two Republican congressmen in the U.S. House of Representatives have introduced a bill that would legalize marijuana federally in a manner similar to alcohol.
News May 13
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