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How interstate commerce could upend the marijuana industry

Also known as interstate commerce, each state’s laws limits the movement of cannabis to within the state. 

News February 3
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California cannabis agency creates uproar by revoking 300-plus business permits, then reinstates most

California’s top cannabis regulatory agency sent shockwaves through the state’s marijuana industry on Monday and Tuesday after it inexplicably revoked the licenses of more than 300 businesses. By Tuesday afternoon,…

News February 2
Planet 13

Marijuana firm Planet 13 raises $53.9M in bought deal public offering

Nevada marijuana company Planet 13 Holdings raised 69 million Canadian dollars ($53.9 million) on Tuesday in a bought deal public offering. According to a company news release, the money will…

News February 2
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Cannabis delivery platform Lantern on its own after Uber-Drizly deal

Lantern, a cannabis delivery platform that started operations in 2020, will operate as an independent private business in the wake of the sale of sister company Drizly to Uber. San…

News February 2
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US labor agency: Marijuana trimmers, grow-room employees can’t unionize

Marijuana cultivators, trimmers, sorters and packagers can’t form unions because they qualify as agricultural laborers, according to a watershed new ruling from U.S. labor regulators. The decision, released last week…

News February 2
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What marijuana investors can learn from GameStop trading frenzy

Last week’s meteoric rise of GameStop’s shares made headlines, but what should be made of it? And what can we learn from it for marijuana?

News February 2
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Tobacco giant sues California cannabis firm, alleging trademark violation

The owners of the Kool menthol cigarette brand filed a lawsuit that claims a California cannabis business has infringed upon its trademarked logo. According to Bloomberg Law, Kool owner ITG…

News February 2
Chart showing a comparison of basket count percentages compared to sales for California and Washington State.

Cannabis basket-size data highlights differing consumer spending patterns across state markets

While U.S. cannabis markets might appear similar on the surface, each is driven by different consumer spending habits – and it is critical for marijuana manufacturers and retailers to understand…

News February 2
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Three US senators announce plans for major federal marijuana reform

U.S. Senate Majority Leader Chuck Schumer and fellow Senators Cory Booker and Ron Wyden formally announced Monday that they are working together to advance comprehensive marijuana reform legislation.

News February 1
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