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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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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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District of Columbia launches crackdown on unlicensed cannabis operators

Authorities in Washington, D.C., have launched a widening crackdown on unlicensed cannabis operators.

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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Image of New York Gov. Kathy Hohul at a news conference with Christopher West, the first deputy superintendent of the State Police, and Jeanette Moy, the commissioner of the Office of General Services.

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
arkansas medical marijuana sales
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Arkansas medical cannabis sales down $5.5 million in first half of 2024

Medical cannabis dispensaries in Arkansas recorded $135.5 million in sales from Jan. 1 to June 30 this year,…

News July 10
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