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US, Canadian marijuana stocks surge, decline after Biden announcement

Shares of publicly traded cannabis companies surged late Thursday and then declined Friday morning after U.S. President Joe…

News October 7
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New York adult-use marijuana stores ‘on track’ to open this year, governor says

New York is "on track" to open 20 adult-use cannabis dispensaries this year, Gov. Kathy Hochul said. The…

News October 7
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Is multistate cannabis operator Ascend Wellness up for sale?

Abner Kurtin, a former CEO of multistate cannabis operator Ascend Wellness Holdings, is no longer giving interviews since…

News October 7
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Biden announcement on marijuana scheduling and pardons could alter face of the industry

President Joe Biden's stunning announcement Thursday that his administration would review whether marijuana should remain a Schedule 1…

News October 6
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Biden calls for review of marijuana scheduling, pardons thousands for MJ offenses

President Joe Biden on Thursday called on the U.S. attorney general and the secretary of the Department of…

News October 6
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Marijuana financier Justin Costello arrested after federal fraud indictments

Marijuana finance executive Justin Costello, former CEO of Seattle-based GRN Funds, has been arrested after allegedly going on…

News October 6
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Wisconsin tribal CBD company launches group to support Indigenous businesses

The owner of Wisconsin's first Native American cannabis company is launching a nonprofit organization to support Indigenous entrepreneurs…

News October 6
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MedMen uses federal illegality of marijuana as defense in rent lawsuit

Cannabis multistate operator MedMen Enterprises argues in its response to a lawsuit that it shouldn't have to pay…

News October 5
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Marijuana MSO Curaleaf completes purchase of Tryke for $181 million

Marijuana multistate operator Curaleaf Holdings said it closed on its previously announced acquisition of Arizona-based Tryke Cos., with…

News October 5
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Former Rhode Island, New York marijuana regulator tapped for FDA job

Norman Birenbaum, a former head of marijuana programs in Rhode Island and New York, has taken a job as…

News October 5
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