California localities detail plans to spend $100 million to fix marijuana licensing logjam
California’s Department of Cannabis Control has started to disperse $100 million to 17 municipalities and counties to help them…
News February 14
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Study: Banking action rose in first adult-use cannabis states after legalization
Banking activity increased measurably in the first four states that legalized adult-use cannabis, according to a new white…
News February 14
Marijuana operator Harborside closes first tranche of $77.3M debt financing
Oakland, California-based vertically integrated marijuana firm Harborside closed the first tranche of a $77.3 million debt financing deal.
News February 11
VA adult-use marijuana implementation uncertain given partisan gridlock
Bills introduced in the Republican-controlled Virginia House of Representatives to implement the state's recreational marijuana market now appear…
News February 11
Colorado’s 2021 cannabis sales set another annual record at $2.22 billion
Colorado set another record in 2021 with $2.22 billion in combined sales of medical and recreational cannabis.
News February 10
New York targets illegal practice of marijuana ‘gifting’
New York regulators are cracking down on unlicensed marijuana companies engaged in "gifting." a practice in which businesses…
News February 10
Detroit to revisit recreational marijuana licensing process
The Detroit City Council is poised to restructure its recreational marijuana licensing system with a new ordinance to…
News February 10
Red White & Bloom acquires Michigan marijuana operator PharmaCo
Canada-based multistate operator Red White & Bloom Brands (RWB) closed its acquisition of PharmaCo, a Michigan marijuana company.
News February 9
World’s first in-airport cannabis store taxiing toward takeoff in Canada
The Prince George Airport in British Columbia is one step closer to hosting what reportedly would be the…
News February 8
As hemp THC sales boom online and by mail, cannabis industry braces for crackdown
The rise of delta-9 THC products derived from hemp, commonly sold online and shipped across state lines with…
News February 8
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