Auxly Cannabis reaches ‘turning point’ with closing of 2 transactions
Auxly Cannabis Group has closed on two transactions intended to reduce the Canadian operator’s debt and strengthen its financial position.
District of Columbia medical marijuana sales soar, but many dispensaries are struggling
While overall medical marijuana sales in Washington, D.C., have nearly doubled since January, dispensaries that converted from “gifting” shops are facing significant struggles.
Massachusetts on track to set cannabis consumption lounge regulations this fall
Massachusetts could have regulations for cannabis social consumption lounges in place by October.
Despite New Jersey’s wealth and dense population, marijuana market not reaching potential
Nearly five years after New Jersey voters signaled their desire for a robust marijuana marketplace, the state’s cannabis ecosystem remains underdeveloped and underperforming.
New York consulting firm to evaluate Missouri’s marijuana market
Missouri regulators have awarded New York-based Cannabis Public Policy Consulting a $238,700 contract to study the state’s marijuana market.
Massachusetts revokes first cannabis testing laboratory license
In a first for the Massachusetts cannabis market, state regulators have suspended the business license for a commercial testing laboratory.
Marijuana MSO TerrAscend is planning to exit Michigan market
Marijuana multistate operator TerrAscend Corp. is pulling out of the Michigan market after completing a review of its business operations in the state.
