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
Latest In: Legal
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
Medical cannabis operators are lining up to register with the DEA after marijuana rescheduling
It's not yet known whether DEA registration will be mandatory for benefits like 280E relief, but for medical…
News May 13
Oklahoma cannabis cultivators must obtain DEA registration, state says
Medical marijuana manufacturers in Oklahoma will be required to register with the DEA to keep their state permits,…
News May 12
Workers at Arizona Curaleaf cannabis store finally ratify union contract after yearslong fight
The agreement includes guaranteed wage increases and language preventing the loss of existing benefits during the life of…
News May 8
Will your cannabis business qualify for retroactive 280E relief? Here’s how you can find out.
The tax implications of medical cannabis rescheduling aren't yet fully known, but cannabis businesses can take action now.
News May 8
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