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Canadian cannabis operator SNDL implements restructuring plan

Canadian cannabis and alcohol company SNDL is implementing wide-ranging cost-cutting measures to reduce expenses and improve efficiencies.

News July 16
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Cannabis MSO Ascend seeks ‘financial flexibility’ via $235M private placement

Cannabis multistate operator Ascend Wellness Holdings said it's received commitments to raise $235 million in a private placement.

News July 15
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Pennsylvania budget doesn’t include adult-use marijuana legalization

Pennsylvania state lawmakers passed an annual budget without the adult-use marijuana legalization - and accompanying revenue - that the…

News July 15
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Germany approves first ‘cultivation social club’ for cannabis

Germany entered a new era for cannabis when the government of Lower Saxony, the country’s second-most-populous of 16…

News July 15
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Curaleaf joins marijuana multistate operators pivoting to hemp-derived THC

Curaleaf Holdings almost exited hemp but instead decided to go all in, joining a growing trend among marijuana…

News July 15
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Metrc secures $113M cannabis track-and-trace contract extension in California

California's cannabis regulatory agency has extended the state's contract with Florida-based marijuana track-and-trace software company Metrc.

News July 12
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Colorado medical marijuana patient numbers hit new low

The number of medical marijuana patients in Colorado is the lowest it’s been since 2014, when adult-use sales…

News July 12
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Illinois races to $1 billion in cannabis sales faster this year than in 2023

Total cannabis sales in Illinois surpassed $1 billion for the second consecutive year. But it happened faster this…

News July 11
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New York touts legal marijuana sales spike as new licenses issued

New York state’s ongoing quest to squash the illicit market and rescue its failed adult-use cannabis launch continued…

News July 11
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Cannabis tech provider Lucid Green raises $1.4 million for expansion

Lucid Green, a cannabis supply-chain service provider based in New York, said it has raised $1.4 million to…

News July 11
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