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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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The great cannabis cultivation debate: hand- or machine-trim?

Choosing whether to trim cannabis by hand or machine is a decision that impacts both the final aesthetic and the perceived quality of marijuana buds as well as a cultivator’s…

News May 1
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Oklahoma gov seeks crackdown on intoxicating hemp-derived cannabinoids

Oklahoma's governor is asking the leaders of five state agencies to work together to crack down on intoxicating hemp-derived cannabinoids in the medical marijuana market.

News April 30
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Missouri to research viability of issuing more adult-use marijuana licenses

Three research firms are competing to analyze Missouri’s cannabis market to help the state determine whether it should issue additional adult-use marijuana business licenses.

News April 30
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