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Cannabis firms ready FDA ingredient notifications with eye on legalization

Cannabis manufacturers with national ambitions for when the United States legalizes marijuana and CBD are plowing big money into telling the federal government exactly what they’re making - and being…

News May 13
Maui, Hawaii, marijuana

Financial-violation allegations cost Maui cannabis dispensary its license

Hawaii regulators ordered a medical cannabis dispensary on the island of Maui to close immediately because of the company's "ongoing failure to submit annual independent financial audits."

News May 12
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Colorado’s first-quarter retail marijuana sales up 28% from 2020

Recreational and medical marijuana retailers in Colorado continue to break sales records. According to the latest data from the state Department of Revenue, Colorado’s adult-use and medical cannabis stores recorded $561.7…

News May 12
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MA cannabis businesses forced to pay $2.5M in unlawful fees, study shows

Cannabis companies in Massachusetts have paid at least $2.46 million in fees more than lawfully allowed under "host community agreements" (HCAs), according to a new study that reiterates the need…

News May 12
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How to ensure adequate water supply for outdoor cannabis in a drought

Water is a must for successfully producing hemp and marijuana, so making sure to have enough for the growing season and tapping into an irrigation system are critical tasks for…

News May 12
Trulieve-Harvest merger

Blockbuster Trulieve-Harvest deal could revive cannabis megamergers

After several months of smaller, more focused transactions, Florida-based Trulieve’s $2.1 billion deal to acquire Harvest Health & Recreation could mark a resurgence in cannabis megamergers, industry experts say.

News May 11
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Marijuana producer Pure Sunfarms reports small quarterly sales growth

Canadian marijuana producer Pure Sunfarms reported a small increase in net sales in the January-March quarter compared to the preceding three months, bucking an industry trend in which most large…

News May 11
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Verano nets $100 million in upsized loan to support cannabis moves

Illinois-based Verano Holdings entered into an amended $130 million loan agreement that provides the multistate cannabis operator an additional $100 million of funding at an annual interest rate of 9.75%.…

News May 11
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Marijuana MSO Holistic Industries raises $55 million for expansion

Holistic Industries, a vertically integrated multistate marijuana company operating in six U.S. markets, secured a $55 million convertible note, nearly doubling a $30 million fundraising goal the company set in…

News May 11
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