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Marijuana MSO Cresco Labs exits Arizona, secures mortgage in New York

Marijuana multistate operator Cresco Labs has exited Arizona by selling its only asset in the state, Encanto, for…

News October 19
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Demand for seasonal cannabis harvest workers surges after industry layoffs

Competition to secure seasonal workers for this year’s outdoor cannabis harvest has been fiercer than ever, according to…

News October 19
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Marijuana operator gets $22M in loans from Minnesota governmental agencies

Hwy35, a Missouri-based marijuana operator, secured $22 million in funding from two state agencies in Minnesota as well…

News October 18
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Marijuana MSO 4Front Ventures takes out $10M loan for Illinois operations

Multistate marijuana company 4Front Ventures Corp. obtained a $10 million senior secured credit facility, which will be put…

News October 17
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What the end of 280E might mean for cannabis business taxes

As the U.S. Drug Enforcement Administration weighs whether to revise marijuana to a Schedule 3 controlled substance, regulated…

News October 17
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MTL Cannabis Corp. appoints new chief financial officer

Ontario-based MTL Cannabis Corp., which owns several Canadian marijuana companies, has appointed Jason Nalewany as its chief financial…

News October 16
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Michigan marijuana firm Skymint’s assets bought from receivership

Tropics LP has acquired most of the assets of Michigan cannabis company Skymint, which entered receivership this year…

News October 16
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Marijuana MSO Trulieve seeks $143M federal refund for 280E taxes

Multistate marijuana company Trulieve Cannabis Corp. is seeking a federal tax refund of $143 million, saying it "believes…

News October 13
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House speaker chaos, other priorities complicate cannabis banking bill

The refreshing wave of good news from Washington DC that buoyed the U.S. marijuana industry in late summer…

News October 13
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Red White & Bloom bid for insolvent cannabis operator Aleafia succeeds

Multistate operator Red White & Bloom Brands has moved forward with its bid to buy Aleafia Health, months…

News October 12
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