Marijuana multistate operators see sluggish revenue, losses in first quarter
Most of the largest U.S. marijuana multistate operators experienced revenue declines in the first quarter of 2022 versus…
News June 1
Latest In: Arizona
Arizona’s Item 9 Labs strikes $12.8M deal for Canada’s Sessions Cannabis
Item 9 Labs Corp., an Arizona-based company that invests in marijuana-related businesses, signed an agreement to acquire Wild…
News May 25
Marijuana MSO MedMen successfully fends off $60 million Arizona lawsuit
Marijuana multistate operator MedMen Enterprises said it prevailed in a $60 million breach-of-contract lawsuit involving its 2018 purchase…
News May 24
Can DEA-backed cannabis growers strike gold via drug development?
The cannabis industry hit a possible milestone in March when Bright Green Corp., a Florida company with “conditional”…
News April 13
Arizona issues 26 social equity cannabis business licenses
The Arizona Department of Health Services awarded 26 coveted social equity cannabis business permits during a long-awaited license…
News April 11
US cannabis MSO revenue surges in 2021, fueled by expansion, acquisitions
The top cannabis multistate operators in the U.S. posted huge revenue gains in 2021 over the previous year…
News April 5
Arizona group plans marijuana-friendly Las Vegas hotel with $11.9M acquisition
A boutique hotel property near the Las Vegas Strip has been sold to an Arizona company with plans…
News March 30
New lawsuit filed over Arizona’s adult-use marijuana social equity licensing
Arizona regulators are facing a third lawsuit over marijuana social equity licensing in the state.
News March 29
Arizona marijuana sales dip 10% in January
Marijuana sales in Arizona declined in January to $115 million, the lowest total in the state since February…
News March 22
How US cannabis industry weathered two years of pandemic upheaval
For many cannabis industry executives, it's been a white-knuckle ride since the World Health Organization declared the COVID-19…
News March 17
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