Debt dominates cannabis capital raises as equity deals dry up
The cannabis industry has transitioned to a more commoditized market characterized by price declines and minimal organic growth.
News March 25
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Scathing audit for Alabama medical marijuana authority on eve of market launch
Alabama’s beleaguered Medical Cannabis Commission failed to follow state procedure and open-meetings laws, overpaid an outside law firm…
News March 24
Mass layoffs as cannabis MSO PharmaCann exits Colorado market
The closure of the cannabis company's cultivation operation comes as Colorado’s marijuana industry is seeing declining wholesale prices.
News March 24
Rhode Island weighs fewer cannabis licenses to avoid market crash
Nearly four years after the state legalized adult-use marijuana, the original plan to issue 24 new retail licenses…
News March 23
Cannabis MSO Vireo Growth’s aggressive strategy paying off
The Minnesota-based multistate operator reported increasing revenue by more than 250% following a recent buying spree that's exciting…
News March 20
New limits on Ohio cannabis businesses imposed as hemp THC ban goes live
The new laws are in response to the hemp THC ban that President Donald Trump signed into law…
News March 19
Ohio cannabis company sued for using branding owned by LeBron James’ agency
A new lawsuit accuses a cannabis company with a retail location in LeBron James' hometown of Akron, Ohio…
News March 18
Last call for hemp THC beverages in Ohio bars, restaurants ahead of state ban
The state will restrict nearly all sales of THC products, including edibles and beverages, exclusively to licensed cannabis…
News March 18
Celebrity cannabis brands continue to perform, but there’s a secret behind the success
Celebrity cannabis brands continue to outperform "normal" cannabis product lines, but some have fallen by the wayside while…
March 18
Latest buy makes profit-seeking Canopy Growth largest medical cannabis firm in Canada
The combined company is expected to generate $10 million in cost savings and revenue within 18 months.
News March 17
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