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Red White & Bloom to acquire distressed Canadian cannabis operator Aleafia

Marijuana multistate operator Red White & Bloom Brands plans to acquire financially troubled Canadian cannabis operator Aleafia Health…

News June 7
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Connecticut repeals marijuana investor tax credit, permits new tax deductions

Connecticut is repealing a program that provided a tax credit to marijuana industry angel investors while changing its…

News June 7
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Critics question whether Biden-signed marijuana research law has ‘any value’

Six months after President Joe Biden signed marijuana research into law, a growing chorus of critics note that…

News June 7
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Cannabis retailer Fire & Flower granted creditor protection after ‘significant net losses’

Fire & Flower Holdings and its cannabis subsidiaries have received an initial order for creditor protection from a…

News June 6
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Maryland offers funds to help medical marijuana operators move into adult use

Maryland is offering grants and loans to help existing medical marijuana companies move into the state's impending adult-use…

News June 6
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Canada’s unsold cannabis inventory balloons to 1.5 billion grams

Business failures and consolidation failed to stop Canada's stockpile of unsold cannabis from reaching a new high in…

News June 6
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Marijuana trade organization NCIA cuts staff

Widespread layoffs in the marijuana industry are affecting trade organizations such as the National Cannabis Industry Association (NCIA),…

News June 6
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Cannabis operator Canopy to be booted off S&P/TSX Composite Index

Canadian-listed shares of cannabis operator Canopy Growth Corp. will be removed from the S&P/TSX Composite Index, a market…

News June 5
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Cannabis company implements business model based on boutique wineries

Jim Roberts, owner of The Bohemian Chemist in the Emerald Triangle, applied lessons from the alcohol industry to…

News June 5
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Arizona bill aims to expand shrinking medical marijuana market

An Arizona bill making its way through the legislature aims to significantly cut the price of medical marijuana…

News June 2
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