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Michigan cannabis industry fights massive tax hike in court

The Michigan Court of Claims heard arguments Tuesday over the constitutionality of a new 24% wholesale tax on…

News November 26
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Marijuana powerhouse Cookies risks ‘insolvency’ after judgment

A judge ordered Cookies to steer its main revenue streams to service a creditor's debt.

News November 20
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States abandon hemp THC regulations after federal ban

Following Congress's lead, states are moving away from hemp THC regulations and towards banning.

News November 19
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Marijuana MSOs settle $860 million lawsuit after failed boomtime acquisition

Vireo Growth Corp. will receive $1 million in cash and Pennsylvania real estate from Verano Holdings Corp., the…

News October 29
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Cannabis operator Ayr Wellness restructures to cut debt by 50%, focus on growth

Multistate cannabis operator Ayr Wellness is undergoing a restructuring that will cut its debt in half and streamline…

News October 13
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Lawsuit: Illinois suspected ‘systemic diversion’ at Curaleaf cultivation

A former director of compliance at Curaleaf claims company brass brushed off allegations of diversion in Illinois.

News September 30
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Is Illinois the next state to ban hemp-derived THC?

Illinois Gov. JB Pritzker says he'll ban hemp-derived THC in Illinois if lawmakers can't regulate.

News September 26
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What happens when a marijuana social equity permit holder dies?

The contentious issue of how to buy or sell marijuana social equity licenses is being pressed by a…

News September 10
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Chicago alderman won’t allow cannabis dispensary owned by ex-cops

A Chicago alderman blocked a proposal from a business that includes former police officers from opening a marijuana…

News September 3
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Debt-saddled marijuana MSO Ayr Wellness to sell off assets, ‘wind down’ operations

The version of Miami-based marijuana multistate operator Ayr Wellness "we know today will cease to exist" after the…

News July 31
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