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New Mexico medical cannabis operator ups pressure to boost plant-count limits

New Mexico’s leading medical cannabis company is trying to compel a court to force state regulators to increase the marijuana plant-count limit, claiming the restriction has resulted in a crisis of insufficient supply and high prices in the rapidly gro…

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Wildfires that damage marijuana crops are focus of new federal group

In response to the 2020 wildfires that engulfed the western U.S. and harmed many marijuana cultivators, two federal departments are banding together “to ensure better forest management effectiveness” in the fight against such natural disasters.
Wildfir…

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Cannabis MSO Cresco prices Canadian share offering to raise $125 million

Chicago-based multistate cannabis operator Cresco Labs priced an overnight marketed share offering, designed to raise roughly $125 million, at 16 Canadian dollars ($12.56) per share. The offering of Cresco’s Canadian subordinate voting shares was…

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Ontario cannabis stores can still offer pickup, delivery during lockdown

Brick-and-mortar cannabis stores in Canada’s largest recreational marijuana market are still permitted to offer home delivery and curbside pickup during a government stay-at-home order, although their operating hours have been restricted and cons…

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Judge: California has 30 days to inform marijuana firms about billboard ban

A California judge ruled this week that state marijuana regulators have 30 days to inform businesses of a new ban on billboard advertising. San Luis Obispo County Superior Court Judge Ginger Garrett ruled in November that billboards advertising cannabi…

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MD cannabis staffers get same COVID vaccine status as health-care workers

Cannabis workers in Maryland will receive the same status as health care providers and begin to receive Covid vaccinations as part of the first wave.
MD cannabis staffers get same COVID vaccine status as health-care workers is a post from: Marijuana Bu…

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Marijuana MSO Cresco inks $213M all-stock deal to expand into Florida

Marijuana multistate operator Cresco Labs entered a definitive agreement to acquire Bluma Wellness for $213 million in an all-stock transaction in a move to expand into Florida’s fast-growing medical cannabis market. Bluma, under its operating su…

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Aphria grows Q2 revenue, reports CA$120.6M net loss

Canadian cannabis company Aphria reported increased quarterly revenue on Thursday for the quarter ended Nov. 30, with a net loss of 120.6 million Canadian dollars ($95.3 million). The Ontario-based firm posted net revenue of CA$160.5 million, a 10% inc…

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Colorado hits $2B for 2020 marijuana sales – with December still to count

The oldest adult-use marijuana market in the United States, Colorado, hit a milestone in 2020 when sales surpassed $2 billion for the first time in a calendar year. And that total did not include sales figures for December. According to the Denver Post…

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New Jersey cannabis company workers sign up with union

Employees at New Jersey cannabis company Verano NJ voted to ratify a union contract with two local chapters of the United Food and Commercial Workers International Union (UFCW) Local 152 and Local 360.
New Jersey cannabis company workers sign up with u…