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Marijuana cultivation, manufacturing licenses up for grabs in Minnesota lottery

Minnesota will take the next step in launching its adult-use marijuana market when the state holds lotteries on June 5 for cultivation, manufacturing and mezzobusiness licenses.

News May 6
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Cannabis operators using employee stock ownership plans as 280E work-around

Employee stock ownership plans are a financial tool that cannabis businesses in some states have been taking advantage of since about 2023.

News May 6
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US Supreme Court rejects challenge to Mississippi’s marijuana advertising ban

Advertisements by state-licensed medical marijuana businesses in Mississippi don’t enjoy First Amendment free-speech protections.

News May 5
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Cannabis operator Red White & Bloom restructures debt

Canada-based cannabis multistate operator Red White & Bloom Brands has restructured about 145 million Canadian dollars ($105 million) of issued outstanding debt as part of a larger debt-renewal program.

News May 5
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US hemp production grows 40% in 2024, reaching $445 million in value

U.S. hemp production surged in 2024, according to a recent report released by the U.S. Department of Agriculture’s National Agricultural Statistics Service.

News May 5
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California tax agency confirms it will raise cannabis excise rate to 19% on July 1

Despite the concerns of California's regulated marijuana industry and lawmakers, the state's tax agency says it will carry through on plans to increase the cannabis excise tax rate from 15%…

News May 2
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Marijuana delivery company Eaze Technologies files bankruptcy

Marijuana delivery company Eaze Technologies filed for Chapter 7 bankruptcy in March after selling and transferring its assets to creditors.

News May 2
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How to manage the challenges of cannabis advertising restrictions

For cannabis business owners, advertising their products presents unique challenges.

News May 2
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Marijuana rescheduling will be among DEA nominee’s ‘priorities’ but …

President Donald Trump’s nominee to head the U.S. Drug Enforcement Administration told a Senate committee that reviewing the agency’s administrative process to reclassify marijuana will be "one of my first…

News May 1
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