Cannabis MSO Verano to expand in 3 states via deals exceeding $100 million
Cannabis multistate operator Verano Holdings announced agreements to acquire a total of nine operating retail outlets or licenses…
News March 3
Latest In: Pennsylvania
Wrigley chewing gum heir to take cannabis MSO Parallel public via $1.9 billion deal
Chewing gum heir William “Beau” Wrigley Jr., the CEO of Atlanta-based Parallel, struck a mammoth deal with an…
News February 22
Mainstream businesses are bracing for minimum-wage hike, but many cannabis firms already pay more
Half the states across the country have increased – or will raise – the minimum wage paid to…
News February 19
Pennsylvania governor makes budget pitch for legalizing recreational cannabis
Pennsylvania Gov. Tom Wolf, as expected, has made legalizing recreational cannabis one of his administration’s top legislative priorities…
News February 3
US labor agency: Marijuana trimmers, grow-room employees can’t unionize
Marijuana cultivators, trimmers, sorters and packagers can’t form unions because they qualify as agricultural laborers, according to a…
News February 2
Lack of standards, dubious business practices threaten to upend cannabis testing industry
A lack of standards in cannabis testing results is plaguing the industry. Some business owners are shopping around…
News January 4
Cannabis workers in Pennsylvania ratify UFCW union contract
Employees at Pennsylvania cannabis company CannTech voted to ratify a union contract with the United Food and Commercial…
News December 23
TerrAscend borrows $120M to make payments on marijuana acquisition
U.S. and Canadian marijuana operator TerrAscend borrowed $120 million from a syndicate of lenders to help finance earnout…
News December 21
Ayr borrows $75 million to fund marijuana acquisitions, finish facilities
Multistate marijuana operator Ayr Strategies announced a $75 million secured loan intended to fund acquisitions and complete facilities…
News December 4
Pennsylvania medical marijuana research venture gets OK from state
Pennsylvania regulators gave the green light to a company that intends to delve into medical marijuana research, potentially…
News December 1
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