Latest In: California

california marijuana cannabis cannabis social equity cresco labs curaleaf Dispensaries harvest health and recreation Illinois social equity last prisoner project recreational marijuana steve deangelo
Image depicting social equity

Advocates say cannabis multistate operators lag on social equity leadership, but opportunity remains

The U.S. cannabis industry's record on social equity is patchy at best, and it is the large multistate…

News April 7
Armen Yemenidjian Green Thumb Industries president resignation

Marijuana giant Green Thumb’s president steps down

Armen Yemenidjian resigned as president of multistate cannabis operator Green Thumb Industries.

News April 7
cannabis coronavirus cannabis sales recreational marijuana sales

Chart: Coronavirus takes its toll on March adult-use marijuana sales

Recreational marijuana sales in four key markets decelerated in March as the COVID-19 crisis continues to disrupt both…

News April 7
akerna california cannabis colorado marijuana coronavirus Gofire Headset lucid oils Nevada marijuana vaping crisis washington cannabis

Cannabis vaping firms nearly recovered from vape health scare, but COVID-19 concerns loom

Marijuana vaporizer companies are on the rebound since last summer’s vaping health crisis, reporting that sales numbers are…

News April 6
CannTrust Holdings Los Angeles marijuana licensing MedMen Enteprises NYSE week in review

Week in Review: Marijuana firms cut costs amid COVID-19, L.A. cannabis licensing audit, NYSE aims to delist CannTrust & more

Three multistate marijuana operators – 4Front Ventures, MedMen Enterprises and Acreage Holdings – announced cutbacks in bids to…

News April 4
coronavirus Los Angeles marijuana MJBizDaily podcast
MJBizTalks Podcast - This Week In...

MJBizDaily podcast: Marijuana firms pivot to virtual 4/20 events, New York adult-use cannabis appears stalled and more

Cannabis companies are hosting virtual 4/20 events amid COVID-19 concerns, instead of the usual monthlong parties and celebrations.…

News April 3
4Front acreage holdings Avis Bulbulyan cannabis coronavirus coronavirus COVID-19 harvest health and recreation Nic Easley Stifel Verano

Big cannabis companies scale back amid coronavirus, raising questions about industry’s overall health

The COVID-19 outbreak is causing serious jitters among large cannabis companies, with a growing list of multistate marijuana operators…

News April 3
Ascend wellness innovative industrial properties real estate Sale-leaseback
Image of a sold sign

Cannabis REIT inks $49 million sale-leaseback deal with Ascend

Innovative Industrial Properties, a real estate investment trust that specializes in the marijuana industry, bought a cannabis cultivation…

News April 3
280E 280E marijuana taxes henry wykowski Tax Cuts and Jobs Act
Image of the word taxes

IRS report foreshadows national uptick in cannabis audits but offers a big loophole, experts say

A new report from a branch of the U.S. Treasury Department confirms the Internal Revenue Service is preparing…

News April 3
acreage holdings coronavirus cutbacks. executives layoffs

Marijuana giant Acreage cuts 120 jobs, ends deals in light of COVID-19

New York-based Acreage Holdings on Friday announced it is furloughing 122 employees and taking other cost-cutting measures, becoming…

News April 3
MJBizCon Logo