Latest In: Ascend wellness

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Cannabis MSO MedMen appoints another chief executive

Los Angeles-based cannabis multistate operator MedMen Enterprises appointed Edward Record as chief executive officer, effective immediately.

News April 29
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New Jersey’s projected $2 billion recreational marijuana market kicks off

New Jersey’s projected $2 billion recreational marijuana market launched Thursday to long lines, free food and party music…

News April 21
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New Jersey gives adult-use marijuana green light to 7 multistate operators

More than a half-dozen existing medical marijuana operators in New Jersey - all large multistate operators - soon…

News April 11
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Cannabis REIT closes on $40 million sale-leaseback in New Jersey

Innovative Industrial Properties (IIP) acquired a marijuana property in New Jersey from Ascend Wellness for $35.4 million and…

News February 11
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MedMen fights to keep NY marijuana permit, meet $114 million debt deadline

Marijuana multistate operator MedMen Enterprises is scrambling to keep its potentially lucrative New York operation while debt coming…

News February 2
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MedMen lawsuit claims NY gov’s office improperly pushed for cannabis sale

MedMen Enterprises alleges in a lawsuit that New York Gov. Kathy Hochul’s administration tried to force the marijuana…

News January 25
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Chart showing marijuana MSO earnings in the third quarter of 2021.

Marijuana MSO quarterly results show slower revenue increases

Most of the top publicly held marijuana multistate operators posted single-digit revenue gains in the quarter ended Sept.…

News November 30
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A chart showing the top marijuana MSOs by Q2 revenue

Marijuana MSOs post strong quarterly results, but investors tepid

All 10 of the largest publicly held marijuana multistate operators posted double-digit revenue growth in the quarter ended…

News September 13
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A chart showing Q1 2021 revenue and percentage growth from Q4 2020 from U.S. marijuana MSOs.

Marijuana MSOs report stellar financials; megamergers could heat up

U.S. marijuana multistate operators reported banner revenue growth in the first three months of this year, boosted by…

News May 28
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