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Oklahoma medical marijuana supply far exceeds demand, report says

Supply in Oklahoma’s medical marijuana market is at least 32 times higher than patient demand, helping fuel underground…

News June 26
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Marijuana MSO Ayr Wellness to defer paying $69 million in debt obligations

Multistate marijuana company Ayr Wellness has reached agreements to defer by two years principal or amortization payments on…

News June 26
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Metrc renews cannabis track-and-trace contract with Ohio

Cannabis software company Metrc renewed its contract with the state of Ohio to provide seed-to-sale tracking services for…

News June 23
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Marijuana company Tilray closes Hexo acquisition, eyes cost savings

Cannabis and beverage alcohol company Tilray Brands has closed its acquisition of Canadian cannabis producer Hexo Corp., creating…

News June 23
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Less than 25% of US cannabis operators profitable, study finds

Only 24.4% of businesses in the U.S. cannabis sector report they are profitable, according to a new report…

News June 23
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Canada cracking down on words ‘soda’ and ‘cola’ on cannabis labels

Health Canada is asking federally licensed cannabis producers to stop using certain words on labels and in promotions…

News June 23
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Opinion: Why MSOs should embrace hemp-derived delta-9 THC products

There’s an opportunity for cannabis companies to get products to consumers who would never enter a retailer: delta-9…

News June 23
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Nevada eases marijuana consumption lounge rules, issues first licenses

Nevada regulators this week approved loosening air-ventilation standards for marijuana consumption lounges in Las Vegas and other parts…

News June 22
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More states reduce 280E tax burden on cannabis industry

The U.S. cannabis industry is benefiting from long-desired tax relief now that an increasing number of states -…

News June 21
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Big California marijuana distributor Herbl collapses, brands left unpaid, sources say

Herbl, a major licensed California marijuana distribution company, is in receivership after falling behind on a key loan,…

News June 20
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