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Illinois’ recreational marijuana sales near $11 million
Adult-use cannabis retailers in Illinois have sold almost $11 million of recreational marijuana since sales began Jan. 1. According to state Department of Financial and Professional Regulation, the 37 licensed recreational…
News January 7
Some Illinois marijuana stores run out of product in first days of sales
A few adult-use cannabis retailers around Illinois stopped selling over the weekend and plan to remain closed for at least part of this week as they deal with product shortages.…
News January 7
Chart: Local approval in Michigan adult-use marijuana program creates uneven business opportunity
Michigan's strategy for adult-use cannabis businesses empowers localities to control their communities, but it creates disparate business opportunities within the state's market.
News January 7
NM medical marijuana growers use too much water, agencies fear
Medical marijuana growers in New Mexico might be straining some local water supplies. The Peña Blanca Water and Sanitation District and Sile Mutual Domestic Water and Sewer Association wrote to…
News January 6
Cannabis giant Harvest Health plans $87.5 million purchase
Harvest Health & Recreation, an Arizona-based multistate cannabis company, said Monday it is negotiating to pay $87.5 million in stock and debt assumption for Interurban Capital Group in Seattle.
News January 6
High Times changes CEOs again as iconic cannabis brand seeks profitability
Hightimes Holding Corp. has reshuffled its chief executives, the latest development in the saga of a 46-year-old magazine publisher struggling to evolve into a mainstream, diversified cannabis company.
News January 6
New Brunswick’s cannabis sales see slight improvement ahead of ‘system reset’
New Brunswick’s adult-use cannabis sales surpassed 26 million Canadian dollars ($20 million) for April 1-Dec. 1, 2019, according to recently released data on the province’s tenders portal. That means New…
News January 6
Former Starbucks president takes Supreme Cannabis reins on interim basis
Supreme Cannabis Company has parted ways with another chief executive, with Navdeep Dhaliwal leaving the Toronto-based company effective immediately. Dhaliwal took over as CEO in September 2018. The board appointed…
News January 6
Utah to award medical marijuana dispensary licenses
Utah health officials plan to award pharmacy licenses to 10 companies to dispense medical marijuana at 14 sites across the state.
News January 6
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