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Will rescheduling revive medical cannabis?
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Illinois races to $1 billion in cannabis sales faster this year than in 2023

Total cannabis sales in Illinois surpassed $1 billion for the second consecutive year. But it happened faster this…

News July 11
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Cannabis tech provider Lucid Green raises $1.4 million for expansion

Lucid Green, a cannabis supply-chain service provider based in New York, said it has raised $1.4 million to…

News July 11
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Delaware to allow medical marijuana operators to pivot to adult use for $200K

Delaware adult-use marijuana sales will begin by April 2025 if Gov. Jay Carney signs four bills passed by…

News July 8
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SNDL acquires Delta 9 Cannabis debt for CA$28.1 million, agrees to buy Indiva

Canadian marijuana and alcohol company SNDL has acquired the debt of Delta 9 Cannabis for 28.1 Canadian dollars…

News July 8
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Maryland’s total marijuana sales surpass $1 billion in first year of adult use

Since Maryland’s adult-use cannabis market launched on July 1, 2023, state-licensed retailers have sold more than $1.1 billion…

News July 8
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Marijuana MSO 4Front appoints co-founder Krane to board chair

Arizona-based 4Front Ventures, a vertically integrated, marijuana multistate operator, promoted current director Kris Krane to board chair.

News July 5
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What tax deductions will be available to marijuana companies if 280E disappears?

Marijuana rescheduling would liberate plant-touching companies from 280E, which prohibits businesses from deducting ordinary expenses.

News July 5
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Latest Cookies lawsuit claims $2 million unpaid in Massachusetts marijuana deal

The companies behind most Cookies-branded marijuana outlets in the United States backed out of a $2 million deal…

News July 3
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Nominations open for Emjays cannabis awards during MJBizCon Week

The Emjays International Cannabis Awards, first introduced during MJBizCon Week in 2023, are returning Dec. 5 to the…

News July 2
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IRS warns cannabis operators that 280E taxes still must be paid

The IRS is reminding marijuana companies that taxes under Section 280E of the Internal Revenue Code still must…

News July 1
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