Canadian court OKs sale process for US marijuana firm Green Growth
Beleaguered multistate cannabis retailer Green Growth Brands’ sale and investment solicitation process (SISP) was approved by a Canadian court. Green Growth Brands […]
Category: Cannabis Industry & Marijuana Business Briefs
California cannabis regulator requests staffing help for enforcement
The California Bureau of Cannabis Control, which oversees all sectors of the legal marijuana industry in the state except for cultivators and […]
Health Canada reinstates some CannTrust cannabis licenses
Federal cannabis licenses for one of CannTrust’s facilities were reinstated, about nine months after the embattled Ontario producer was hit with suspensions […]
MJardin aborts acquisition of Nevada cannabis edibles maker
Denver-based marijuana management platform MJardin Group terminated its planned acquisition of Nevada edibles maker Cannabella. In a short news release, MJardin disclosed […]
Louisiana OKs medical marijuana reform, but minimal market boost seen
Louisiana lawmakers passed two medical cannabis expansion bills on Sunday, but it’s uncertain whether the reforms will be enough to ensure the […]
Cannabis MSO Acreage Holdings raises $60 million as it restructures
Marijuana multistate operator Acreage Holdings, which has been slashing overhead costs and selling unprofitable assets, said Monday it has agreements in place […]
‘Essential’ designation does not help cannabis companies’ bankruptcy cases
Federal bankruptcy protections remain unavailable for marijuana companies, even though the medical cannabis industry has been deemed “essential” during the COVID-19 pandemic […]
Arkansas high court allows marijuana permit dispute to move forward
In a split decision, the Arkansas Supreme Court ruled that a would-be medical marijuana cultivator who sued the state over alleged unfair […]
Minnesota tribe approves medical cannabis with flower sales
Red Lake Nation citizens, an Ojibwe American Indian tribe in Minnesota, voted in favor of developing a medical marijuana program. Red Lake […]
COVID-19 impact on marijuana retail sales varies by state
While state cannabis markets have unique dynamics, sales generally have been strong during the COVID-19 pandemic, according to Nancy Whiteman, CEO of […]