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California cannabis regulators’ fraud case against testing lab unravels
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Cannabis MSO Verano makes $175M expansion move in Pennsylvania
Acquisition activity in Pennsylvania continues at a brisk pace, with Illinois-based Verano Holdings making a big move to add marijuana cultivation and retail capacity in the state through two deals…
News April 22
Key US senator downplays hopes for quick action on marijuana banking bill
The head of the U.S. Senate Banking Committee threw cold water on hopes for speedy action in the upper chamber on a major marijuana banking reform bill the U.S. House…
News April 22
The impact on cannabis company stocks if Section 280E is scrapped
No longer applying Section 280E of the Internal Revenue Code to the legal cannabis industry would be a big benefit to companies and investors, right? Yes, but not in the…
News April 22
How cannabis extraction companies can reduce energy costs
Energy is one of the largest costs for any cannabis manufacturing facility, and power consumption is a large part of how the marijuana industry is having a negative impact on…
News April 22
Virginia governor signs recreational cannabis bill
Virginia Gov. Ralph Northam on Wednesday signed legislation legalizing a potential $1.4 billion adult-use marijuana market that could start as soon as Jan. 1, 2024.
News April 21
Cannabis consumption grew in 2020, Statistics Canada data suggests
Recent reported cannabis use was much higher in the final quarter of 2020 than two comparable periods in 2018 and 2019, according to a new Statistics Canada report that studied…
News April 21
Marijuana MSO TerrAscend buys Pennsylvania dispensaries for $63M
North American cannabis operator TerrAscend is doubling its Pennsylvania footprint with the acquisition of three additional retail outlets for $63 million.
News April 21
Retail cannabis shops offer discounts and merch, see more shoppers on 4/20
For many, 4/20 was just another date on the calendar. But for cannabis businesses and customers across the nation, Tuesday’s 50th anniversary of the unofficial marijuana holiday offered a fresh…
News April 21
US Postal Service tells vape mailers to ready for ban
The U.S. Postal Service is reminding businesses that make vape components to prepare for new prohibitions on mailing their products because of a new law that has cannabis businesses worried.
News April 21
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