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California cannabis company’s default highlights debt woes facing state’s MJ businesses

In what observers say is a sign that California’s struggling legal cannabis industry is slouching toward a long-predicted…

News October 3
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Vermont launches recreational marijuana sales Saturday

Recreational marijuana retailers in Vermont are permitted to begin selling adult-use products on Saturday.

News September 30
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Hurricane Ian forces Florida marijuana companies to close as operators assess fallout

Well over 100 marijuana businesses in Florida were shuttered Thursday as state operators assess employee safety, flooding, structural…

News September 29
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Canadian cannabis grower Sugarbud seeking creditor protection

Canadian cannabis producer Sugarbud Craft Growers Corp. is seeking creditor protection.

News September 29
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Retail slotting fees a new cost for Michigan marijuana brands and manufacturers

Michigan is the latest state where marijuana retailers are charging manufacturers and brands for premium shelf or display…

News September 29
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Cannabis MSO Ascend unveils executive shake-up after former CEO charged with battery

Abner Kurtin, co-founder of Ascend Wellness Holdings, will move from his role as chief executive officer to executive…

News September 28
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Chart of cannabis M&A activity by year and state.

Marijuana M&A has cooled in 2022, but it’s ‘far from disastrous,’ insiders say

After 2021’s record-breaking year for mergers and acquisitions, many marijuana industry insiders predicted that 2022 would be an…

News September 28
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Mississippi reaps millions in medical marijuana fees before sales begin

The Mississippi government has collected millions of dollars in revenue from medical marijuana businesses, even though MMJ sales…

News September 27
CANADA
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Ontario Cannabis Store reviewing markup amid its soaring profits, private-sector losses

The Ontario Cannabis Store said Tuesday it is conducting “a holistic review” of its approach to pricing -…

News September 27
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South Carolina hemp farmer files federal lawsuit over destroyed crops

The first person to be charged with unlawfully cultivating hemp under South Carolina's Hemp Farming Act is suing…

News September 26
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