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Principals of cannabis ad platform Weedmaps back out of stock purchase

WM Technology co-founders Douglas Francis and Justin Hartfield are backing out of a deal to purchase the company's…

News June 26
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Marijuana banking will follow major budget bill, Congress promises

Instead of marijuana rescheduling, the likeliest federal policy reform in 2025 will be marijuana banking protections. But Congress…

News June 26
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California lawmakers fail to include cannabis tax relief in budget bill

Faint hopes for California cannabis industry excise tax relief evaporated Wednesday when lawmakers failed to squeeze a freeze…

News June 26
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Ayr dismisses talk of Connecticut exit amid its other marijuana consolidations

Ayr Wellness's struggles with debt and losses are known, but Connecticut is also proving a tough market for…

News June 23
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Cannabis companies still standing after reset are ‘well positioned to thrive’

The correction the cannabis industry has experienced over the past five years has reset expectations and valuations to…

News June 20
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Aurora Cannabis denies reports it acquired another operator

Canadian operator Aurora Cannabis denied reports that it had agreed to acquire New Zealand-based MedLeaf Therapeutics.

News June 18
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Cannabis company 4Front Ventures files for bankruptcy in Canada

Phoenix-based cannabis operator 4Front Ventures Corp. has initiated bankruptcy proceedings in Canada under that country's Bankruptcy and Insolvency…

News June 13
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Minnesota adult-use marijuana sales haven’t begun, but taxes already raised

It’s still uncertain when adult-use marijuana sales will begin in Minnesota, but when they do, customers will pay…

News June 12
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Cannabis companies ineligible for ERC tax refunds, federal court rules

A U.S. district court has ruled that state-regulated cannabis companies are not eligible for tax refunds under the…

News June 12
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Cannabis operator Village Farms regains Nasdaq compliance

Cannabis operator Village Farms International is once again compliant with the Nasdaq's listing rules.

News June 11
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