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Marijuana REIT Innovative Industrial Properties posts $164.2M profit in 2023

Marijuana industry real estate company Innovative Industrial Properties reported $164.2 million in net income for its common shareholders…

News February 27
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Canada says cannabis wholesalers must garnish payments over unpaid taxes

Canada’s tax collection agency is following through on a threat to garnish cash from licensed cannabis producers that…

News February 27
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Canadian government hiking cannabis regulatory fees in April

The Canadian government is increasing eight regulatory fees levied on the regulated cannabis industry beginning April 1.

News February 26
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US marijuana business licensing declined for the first time in 2023

After years of double-digit growth, active marijuana business licenses in the United States declined for the first time…

News February 26
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Mississippi to rescind medical marijuana lab’s testing license

The Mississippi health department plans to revoke the medical marijuana testing license belonging to Natchez-based Rapid Analytics.

News February 23
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US receives first DEA-sanctioned cannabis import from Jamaica

A Canadian-Jamaican company comprised of former veterans of Steep Hill Labs and Canopy Growth Corp. has shipped what…

News February 23
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Germany’s ‘quasi legalization’ cannabis law approved; medical boost expected

Germany’s chief legislative body on Friday approved a landmark recreational cannabis bill that’s being simultaneously hailed as a…

News February 23
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Marijuana lender AFC Gamma splitting into two companies

Marijuana-sector real estate lender AFC Gamma is splitting off its non-cannabis commercial real estate business into a separate…

News February 23
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Connecticut marijuana sales decline in January amid product shortages

Amid reports of product shortages, adult-use marijuana sales in Connecticut dropped in January for the first time since…

News February 22
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Marijuana software company Metrc lands Kentucky track-and-trace contract

Florida-based marijuana track-and-trace software company Metrc signed its 25th government contract, this time with the state of Kentucky.

News February 21
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