New York governor signs anti-inversion cannabis bill
Those who don’t play by the rules face fines of up to $10,000 per day and possible product…
News June 3
Latest In: Legal
Cannabis payments are facing a reckoning as workarounds disappear
Cannabis operators are used to payment solutions that disappear overnight. But as margins squeeze, that's a risk most…
News May 29
Three states join fight against marijuana rescheduling as deadline looms
Three states have gone on record formally opposing marijuana rescheduling ahead of major hearings scheduled for June.
News May 27
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June 9
Major consolidation in Virginia cannabis as Boston-based fund takes over second permit
One company now controls two out of Virginia's five medical marijuana permits, a move that critics say will…
News May 26
Cannabis MSO lands in receivership over $210 million debt to lender
New Jersey-based TerrAscend Corp. is in receivership in Michigan after defaulting on a $210 million loan.
News May 22
Virginia governor explains shock rejection of cannabis retail market
Avoiding the mistakes of other states that moved too quickly to launch adult-use sales – and limiting cannabis…
News May 21
‘Reckless’ 280E gamble backfires as feds demand millions from cannabis MSO
In a troubling sign for cannabis operators that claimed 280E relief before rescheduling, the IRS wants TerrAscend USA…
News May 20
Shock veto upends Virginia adult-use cannabis retail launch
Legal adult-use cannabis sales in Virginia are delayed yet again after Gov. Abigail Spanberger formally rejected a sales…
News May 19
Federal judge approves cannabis MSO for Chapter 15 bankruptcy
In a move that could signal new options for cannabis companies seeking bankruptcy protections, a U.S. judge signed…
News May 14
New Mexico border town rejects cannabis retail – at Texas lawmakers’ request
A New Mexico town that's a suburb of El Paso, Texas, has rejected applications to open cannabis retailers…
News May 14
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