Creditor bids $109M for assets of Michigan cannabis company Skymint
Embattled Michigan marijuana retailer and cultivator Skymint, which is in receivership, will auction off its assets.
Cannabis MSO Trulieve ceasing operations in Massachusetts
Florida-based marijuana operator Trulieve Cannabis is shutting down its operations in Massachusetts and further downsizing in California.
Legal settlement paves way for marijuana retail licensing in NY region
A settlement between New York cannabis regulators and a Michigan plaintiff will finally open up retail licensing in the Finger Lakes region.
Cannabis MSOs set to enter NY adult-use market after policy change
New legislation and significant regulatory policy shifts are in play to stabilize the shaky roll-out of New York’s adult-use cannabis program, including allowing some of the nation’s largest multistate operators (MSOs) to enter the expanded market by year’s end.
Florida high court to hear challenge to adult-use cannabis legalization
The Florida attorney general’s attempt to halt a heavily bankrolled adult-use marijuana legalization campaign will go before the state Supreme Court and could be heard as soon as June.
Decibel Cannabis reports small first-quarter loss, positive adjusted EBITDA
Decibel Cannabis booked a net loss of 569,000 Canadian dollars ($418,000) in the first fiscal quarter of 2023, marking a substantial improvement over the Calgary, Alberta-based company’s CA$4.4 million loss in the same period last year.
