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Medical marijuana extracts ruling could open a business gateway in Arizona, experts say

The Arizona Supreme Court handed the state’s medical cannabis industry a significant legal win this week by ruling that…

News May 30
Gov. J.B. Pritzker Illinois adult-use legalization
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Illinois Senate approves adult-use cannabis industry

The Illinois Senate passed a recreational marijuana sales and taxation measure by a vote of 38-17 on Wednesday…

News May 29
cannabis colorado

New Colorado law allows outsiders to invest in state’s marijuana industry

Colorado Gov. Jared Polis signed a bill Wednesday that for the first time opens the state’s cannabis industry…

News May 29
BudTrader advisory board Rep. Dana Rohrabacher BudTrader

Former US Rep. Rohrabacher joins cannabis firm BudTrader’s advisory board

Former U.S. Rep. Dana Rohrabacher, a Republican from California who lost his House seat to Democrat Harley Rouda in…

News May 29
financial results Green Growth Brands Ohio marijuana

Marijuana retailer Green Growth Brands logs quarterly net loss of $15.4 million

Green Growth Brands, an Ohio-based cannabis company, reported quarterly revenue of $5.6 million for the three months ended…

News May 29
cresco labs financial results illinois medical marijuana

Cannabis group Cresco Labs sees revenue increase, loss in first quarter

Cresco Labs, a Chicago-based, vertically integrated cannabis company, reported quarterly revenue of almost $21.1 million for the three…

News May 29
MedMen
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Marijuana firm MedMen records $63.1 million loss in 3Q, slashes executive salaries

Los Angeles-based MedMen reported revenue of $36.6 million and a net loss of $63.1 million for its fiscal third…

News May 29
Trulieve

Trulieve continues to buck cannabis earnings trend with increased Q1 profit

Florida-based Trulieve Cannabis Corp. reported revenue for the first quarter of $44.5 million, nearly triple the $15.2 million…

News May 29
CANADA cbd Charlotte's Web colorado marijuana
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CBD maker Charlotte’s Web to start trading on Canada’s top stock exchange

Charlotte’s Web, a Boulder, Colorado-based CBD manufacturer, said Wednesday it received approval to uplist to the Toronto Stock…

News May 29
Abner Kurtin Ascend wellness Boston hedge funds illinois massachusetts MedMen michigan ohio raising capital

Marijuana investing, hedge funds and building a multistate MJ company: Q&A with Ascend CEO Abner Kurtin

Abner Kurtin spent almost his entire professional career in the hedge fund and investment industries before founding Boston-based…

News May 29
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