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New York governor presses again for legalizing recreational cannabis

New York Gov. Andrew Cuomo said Wednesday he will push for the state to legalize a commercial recreational cannabis program that provides “equitable” licensing opportunities and “reflects national standards and emerging best practices.” Cuo…

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New Jersey lawmakers pass bill to regulate biggest East Coast recreational marijuana market

New Jersey lawmakers on Thursday approved legislation to regulate and launch an adult-use marijuana market next year that’s expected to become the largest on the East Coast with sales approaching $1 billion in a few years.
New Jersey lawmakers pass bil…

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New Jersey legislative panels advance adult-use cannabis bill

Two New Jersey legislative committees advanced legislation Monday that would implement an adult-use cannabis market, a first step after voters passed a milestone legalization referendum on Election Day. The identical state Senate and Assembly measures,…

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Cannabis MSO Acreage raises $33M, partly to pay off higher-interest debt

Multistate marijuana operator Acreage Holdings said it raised $33 million in debt, a development that shows an easing of a credit crunch facing the company. The three-year loan with an unidentified institutional lender is unsecured and at a 7.5% annual…