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Marijuana MSO TerrAscend completes $79 million in debt financing

Marijuana multistate operator TerrAscend Corp. has completed $79 million in debt financing as it exits the Michigan market.

News July 10
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Cookies owes $8.4 million to partner on San Francisco cannabis store

Prominent cannabis brand Cookies is on the hook to pay its former partner on a failed San Francisco marijuana store $8.4 million, according to court records.

News July 9
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Ohio adult-use marijuana sales top $600 million, doubling MMJ revenue

Ohio adult-use marijuana stores have racked up $600 million in sales since the market launched in Aug. 2024, recent data shows.

News July 9
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3 states increase cannabis levies as ideal tax rate remains elusive

Three states are raising cannabis taxes this year in response to budget deficits, with more predicted shortfalls looming in 2026 as consumer spending stalls and President Donald Trump’s signature spending…

News July 9
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THC potency inflated in most Colorado marijuana flower, study shows

Most marijuana products in Colorado are mislabeled, with actual THC potency “significantly lower” than the verified lab results, according to the largest study yet of cannabis labeling.

News July 8
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Auxly Cannabis reaches ‘turning point’ with closing of 2 transactions

Auxly Cannabis Group has closed on two transactions intended to reduce the Canadian operator's debt and strengthen its financial position.

News July 8
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District of Columbia medical marijuana sales soar, but many dispensaries are struggling

While overall medical marijuana sales in Washington, D.C., have nearly doubled since January, dispensaries that converted from “gifting” shops are facing significant struggles.

News July 8
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Massachusetts cannabis testing lab sues state to recover suspended license

A Massachusetts cannabis testing laboratory that lost its license after allegedly failing to report contaminated product is going to the courts to recover its permit.

News July 7
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Kentucky medical marijuana companies sue, alleging program is unconstitutional

A group of medical marijuana companies in Kentucky have filed a lawsuit claiming the rollout of the state’s MMJ program is unconstitutional.

News July 7
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