A group of unsuccessful medical marijuana license applicants is trying to compel New Jersey officials to settle a case that continues to stall program expansion in advance of an adult-use market in the state.
New Jersey medical marijuana applicants see…
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Two more lawsuits filed over L.A.’s social equity cannabis licensing
Lawsuits filed by two former social equity applicants brings the total to at least six that have been filed against Los Angeles regulators over the city’s social equity licensing for cannabis businesses.
Two more lawsuits filed over L.A.’s social…
Marijuana MSO Curaleaf posts record revenues, discloses CEO change
Marijuana multistate operator Curaleaf Holdings announced Tuesday record quarterly sales and an impending CEO change to a consumer packaged goods veteran
Marijuana MSO Curaleaf posts record revenues, discloses CEO change is a post from: Marijuana Busin…
Illinois cannabis industry seeks end to MMJ-recreational retail relocation rule
Cannabis industry insiders in Illinois are calling on state lawmakers to allow certain existing medical marijuana dispensaries to relocate without losing the ability to add an adult-use sales license.
Illinois cannabis industry seeks end to MMJ-recreat…
New Mexico panel supports raising medical marijuana purchase limits
New Mexico’s medical marijuana advisory board recommended that purchase limits be nearly doubled to 15 ounces over 90 days, a move that likely would boost sales in the fast-growing program.
New Mexico panel supports raising medical marijuana purchase l…
Supreme Cannabis turns small profit in first quarter
Toronto, Ontario-based Supreme Cannabis Company Inc. recorded a small profit in its first fiscal quarter of the year, the company announced this week. The cannabis producer’s adjusted EBITDA – a measure of profitability – was 266,000 …
Voyage Cannabis cannabis oil recalled in Canada due to mislabeling
A recall has been issued for nine lots of cannabis oil from British Columbia-based Voyage Cannabis Corp., the latest example of a Canadian marijuana recall due to incorrect labeling. Health Canada says the recall issued Nov. 13 involves nine lots of Vo…
Judge hears arguments in California cannabis delivery case
A Fresno County Superior Court judge heard oral arguments Monday in a long-awaited case that could have major ramifications for California’s legal cannabis businesses. At issue is a policy enacted by the state Bureau of Cannabis Control (BCC) in …
Investors awarded restitution of $2.5M in Colorado marijuana fraud case
Four investors who were defrauded by an illicit marijuana scheme in which a Colorado businessman illegally distributed MJ into various states have been awarded a total of $2.5 million in restitution by a district court judge. According to a news releas…
Michigan cannabis firm to expand footprint to four states after $45M raise
C3 Industries, a vertically integrated multistate cannabis company based in Ann Arbor, Michigan, closed a funding round that will help the company launch operations in Massachusetts and Missouri.
Michigan cannabis firm to expand footprint to four state…