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Arizona crackdown on illegal THC sales to begin April 24, attorney general says
Sales of THC-infused products in Arizona anywhere but at licensed marijuana stores is illegal and enforcement will begin April 24, the state's attorney general warned in letters to cannabis retailers.
News March 25
Virginia governor vetoes another adult-use marijuana sales bill
Virginia Republican Gov. Glenn Youngkin - as expected - has once again rejected a bill that would allow sales of adult-use marijuana in the state.
News March 25
Cannabis MSO Verano Holdings secures $12 million loan
Cannabis multistate operator Verano Holdings Corp. closed a $12 million "cross-collateralized" senior mortgage from Rainbow Realty Group and MJ Real Estate Investment Trust in which the company put up cultivation…
News March 25
Struggling marijuana MSO Schwazze defaults on restructured debt
Struggling Colorado-based marijuana multistate operator Schwazze defaulted on a restructured loan after it missed a $700,000 payment due March 3.
News March 25
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
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
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
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
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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