Cannabis MSO Ascend Wellness to issue $15 million in senior secured notes
Cannabis multistate operator Ascend Wellness Holdings plans to issue $15 million in senior secured notes for such “general corporate purposes” as growth initiatives.
Indiana GOP lawmakers introduce adult-use cannabis legalization bill
A group of Republican lawmakers in Indiana have introduced a bill to legalize an adult-use cannabis market.
Marijuana e-commerce platform Leafly transitions to OTC after Nasdaq delisting
Marijuana e-commerce platform Leafly Holdings’ shares will be delisted from the Nasdaq stock market on Jan. 17 after the exchange’s hearings panel determined the company didn’t earn the required minimum $500,000 in net income from operations.
Banking, veterans and research top priorities for Congress, new Cannabis Caucus chair says
If U.S. Rep. Dina Titus has her way, the 119th Congress will finally pass cannabis banking reform as well as bills easing military veterans’ access to medical marijuana and researchers’ abilities to study the drug.
Parent of Raw cannabis rolling papers wins $8.7M in copyright-infringement suit
The Arizona-based parent company of Raw cannabis rolling papers has been awarded $8.7 million from a competitor for copyright infringement of package design and likeness.
Reborn Eaze plants first cannabis crop at newly expanded Florida cultivation facility
Following through on a goal it set in November while announcing a rebranding and cash infusion, California-based marijuana operator Eaze has planted its first cannabis crop in its recently expanded Green Dragon Florida cultivation facility.
DoorDash rushing to deliver hemp-derived products
Product and food delivery app DoorDash is the latest major company to enter the hemp market.
