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Massachusetts cannabis regulators catch THC potency inflation in recent sting
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Former Obama official joins National Cannabis Roundtable
Kathleen Sebelius, a former member of President Barack Obama's Cabinet, is an honorary co-chair of the National Cannabis Roundtable.
News February 10
Power REIT raises $37 million in rights offering for marijuana acquisitions
Specialty real estate investment trust Power REIT, which has a portfolio that includes marijuana production facilities, raised $37 million through a rights offering that sold roughly 1.4 million shares at…
News February 10
South Dakota governor to delay medical cannabis program until 2022
South Dakota Gov. Kristi Noem announced the state will delay implementing legalization of medical marijuana until next year.
News February 10
Illinois-based marijuana MSOs teaming up on two stores, report says
Competing multistate marijuana companies Green Thumb Industries and Verano Holdings have quietly joined forces to operate two dispensaries in their home state of Illinois. Government records show subsidiaries of both…
News February 10
Prospects for adult-use cannabis legalization loom large in Connecticut
Connecticut’s heavily regulated medical cannabis market is expected to post a respectable 15% increase in sales this year, but it’s the prospect of adult-use legalization and a nearly $750 million…
News February 10
Mexico’s medical marijuana program offers firms a chance to enter new adult-use industry
Marijuana and hemp companies keen to participate in Mexico's emerging medical cannabis program should start preparing now, attorney advise, noting it will give businesses a leg up in entering the…
News February 10
Cannabis MSO Green Thumb nets $100M through initial US stock sale
Cannabis multistate operator Green Thumb Industries said it accepted an offer to sell $100 million of stock to a single institutional investor as part of a previously announced securities offering…
News February 9
Nearly $1 million settlement proposed in MedMen marijuana class action suit
A 2½-year-old class action lawsuit brought by former employees of multistate marijuana operator MedMen has almost concluded, with the lead plaintiffs asking a California judge to approve a proposed $975,000…
News February 9
Colorado’s total marijuana sales near $10 billion, buoyed by record 2020
Colorado's total marijuana sales reached nearly $10 billion since legal sales began in 2014.
News February 9
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