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What’s causing the decline in M&A activity in the cannabis industry?

Mergers and acquisitions in the cannabis industry in 2024 totaled $1.169 billion, a decrease of $579 million - or 33% - from the $1.749 billion of industry M&A the previous…

News March 25
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Oklahoma loses nearly 40% of licensed medical marijuana operators in 12 months

Over a 12-month period through July 2024, the number of medical marijuana operators in Oklahoma decreased by nearly 40%.

News March 24
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Cannabis operator Entourage gets shareholders’ approval to go private

Shareholders of Canadian cannabis company Entourage Health Corp. have approved the company’s plan to go private.

News March 24
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Connecticut marijuana regulator apologizes for ‘retaliation’ inspection

Connecticut's chief marijuana regulator apologizes for cultivation inspection at Affinity Grow that apparently happened out of "retaliation."

News March 24
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Edible Arrangements’ parent company enters hemp-derived THC market

Edible Arrangements' parent company is getting into the cannabis edibles business.

News March 21
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Marijuana MSO Planet 13 recovers $2.1M more from former bank alternative

Las Vegas-based marijuana multistate operator Planet 13 Holdings says it recovered another $2.1 million in cash plus real estate as part of a dispute with a former banking partner it…

News March 21
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Poseidon invests $1 million in another New Jersey cannabis retailer

Poseidon Investment Management, a San Francisco-based cannabis hedge fund operator, has invested in another New Jersey retailer, its third financing deal in that market since mid-December.

News March 21
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State bans, restrictions threaten hemp-derived THC market after Farm Bill boom

Years of nationwide growth appear to be over for the U.S. hemp-derived THC industry, which is threatened by state restrictions and bans.

News March 21
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New York launches $5M grant program for cannabis social equity retailers

New York has established a $5 million grant program to support startup costs for adult-use cannabis social equity retail licensees in the state.

News March 20
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