US Supreme Court declines to hear $1.9 million 280E cannabis tax case
The U.S. Supreme Court on Monday refused to hear an appeal from two California-based cannabis companies that were…
News May 3
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Marijuana reform outlook: Hopes dim in Rhode Island, but Texas advances
An effort by Rhode Island lawmakers to pass legislation to legalize adult-use marijuana now looks less likely.
News May 3
Marijuana MSO Green Thumb expands into Virginia
Illinois-based multistate operator Green Thumb Industries is expanding into Virginia with a definitive agreement to acquire medical marijuana…
News May 3
Organigram CEO Engel exits struggling marijuana producer
Greg Engel, longtime CEO of Moncton, New Brunswick-based marijuana producer Organigram Holdings, is stepping away from the struggling…
News May 3
Canadian cannabis retailer High Tide buying US CBD company for $20.6M
Calgary, Alberta-headquartered High Tide is again dipping its toes in the U.S. acquisition market, this time with a…
News May 3
No hallucination: Psychedelics could be next cannabis-like boom
Investors as well as cannabis companies and executives are rushing into psychedelics, a multibillion-dollar opportunity that reminds some…
News May 3
Multistate marijuana operator Cansortium nets $71 million of capital
Miami-based marijuana company Cansortium, which operates the Fluent brand, raised $71 million of capital in debt financing for…
News April 30
Oklahoma judge suspends state’s cannabis seed-to-sale requirement
An Oklahoma judge ordered the 60-day suspension of a rule requiring medical cannabis businesses in the state to…
News April 30
New Mexico revokes license of one of state’s 34 medical marijuana firms
State regulators in New Mexico yanked the business permit of Santa Fe-based New MexiCann Natural Medicine after an…
News April 30
Cannabis MSO Green Thumb raises $217 million in debt at 7% interest rate
Multistate cannabis operator Green Thumb Industries raised $217 million worth of funding by issuing senior secured debt at…
News April 30
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