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DC’s medical marijuana market set for shake-up as ‘gifting’ shops transition

Medical marijuana dispensaries are multiplying rapidly in Washington, D.C., as regulators convert “gifting” shops that were operating under…

News March 26
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SNDL acquires minority stake in Canadian cannabis rival High Tide

Canadian cannabis and alcohol company SNDL has acquired a minority stake in competitor High Tide, which operates the…

News March 26
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Arizona crackdown on illegal THC sales to begin April 24, attorney general says

Sales of THC-infused products in Arizona anywhere but at licensed marijuana stores is illegal and enforcement will begin…

News March 25
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Virginia governor vetoes another adult-use marijuana sales bill

Virginia Republican Gov. Glenn Youngkin - as expected - has once again rejected a bill that would allow…

News March 25
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Cannabis MSO Verano Holdings secures $12 million loan

Cannabis multistate operator Verano Holdings Corp. closed a $12 million "cross-collateralized" senior mortgage from Rainbow Realty Group and…

News March 25
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Struggling marijuana MSO Schwazze defaults on restructured debt

Struggling Colorado-based marijuana multistate operator Schwazze defaulted on a restructured loan after it missed a $700,000 payment due…

News March 25
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What’s causing the decline in M&A activity in the cannabis industry?

Mergers and acquisitions in the cannabis industry in 2024 totaled $1.169 billion, a decrease of $579 million -…

News March 25
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Oklahoma loses nearly 40% of licensed medical marijuana operators in 12 months

Over a 12-month period through July 2024, the number of medical marijuana operators in Oklahoma decreased by nearly…

News March 24
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Connecticut marijuana regulator apologizes for ‘retaliation’ inspection

Connecticut's chief marijuana regulator apologizes for cultivation inspection at Affinity Grow that apparently happened out of "retaliation."

News March 24
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Edible Arrangements’ parent company enters hemp-derived THC market

Edible Arrangements' parent company is getting into the cannabis edibles business.

News March 21
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