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Green Thumb motion nixed as AR cannabis licensing dispute continues
Illinois-based Green Thumb Industries suffered a temporary setback in its effort to win a medical marijuana license in Arkansas when a judge denied the multistate operator’s request for a preliminary…
News August 11
Tilray revenue hit by lower recreational, medical cannabis sales
Nanaimo, British Columbia-based Tilray halved its net loss to $81.7 million for the second quarter ended June 30, a substantial improvement over the previous quarter’s $184.1 million deficit. However, the…
News August 11
Jushi completes $37 million deal for Pennsylvania marijuana cultivator
Multistate marijuana operator Jushi Holdings completed its acquisition of Vireo Health International’s cultivation and processing operations in Pennsylvania for $37 million as Jushi looks to maximize its footprint in the…
News August 11
Canopy Growth CEO’s partial-year compensation tops CA$45 million
Canopy Growth’s chief executive earned 1,042 times more than the median compensation for the cannabis producer’s other employees in fiscal 2020. The partial-year compensation for CEO David Klein was about…
News August 11
Arizona recreational cannabis initiative tallies enough signatures for ballot spot
Arizona’s top elections official certified that supporters of an initiative measure to legalize adult-use marijuana collected enough valid petition signatures for the proposal to appear on the state’s November ballot.…
News August 11
Workers at Massachusetts marijuana grow vote to unionize
Employees at a cannabis cultivation operation in Massachusetts voted on Tuesday to join the United Food and Commercial Workers Union, the latest victory for organized labor in the cannabis industry.…
News August 11
California cannabis sales reach record $348 million in July
California set a marijuana sales record of $348 million in July, the biggest month since the 2018 rollout of the state’s legal market. That sales figure comes from Headset, a…
News August 11
Chart: Cannabis vape products remain popular one year after health crisis
Roughly one year after the first vape-related death was reported in Illinois, marijuana vaporizer sales numbers have shown resilience despite additional concerns from the COVID-19 pandemic and its impact on…
News August 11
Oklahoma appoints medical marijuana program interim director
Oklahoma’s fast-growing, business-friendly medical cannabis program is getting another new regulatory czar – at least on an interim basis. Kelly Williams, the deputy director of the Oklahoma Medical Marijuana Authority…
News August 10
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