Cannabis MSO Verano to expand in 3 states via deals exceeding $100M
Cannabis multistate operator Verano Holdings announced agreements to acquire a total of nine operating retail outlets or licenses in Arizona, Illinois and […]
Category: Pennsylvania Medical Cannabis Business & Marijuana Legal News
Wrigley chewing gum heir to take cannabis MSO Parallel public via $1.9 billion deal
Chewing gum heir William “Beau” Wrigley Jr., the CEO of Atlanta-based Parallel, struck a mammoth deal with an entertainment mogul to take […]
Mainstream businesses are bracing for minimum-wage hike, but many cannabis firms already pay more
Half the states across the country have increased – or will raise – the minimum wage paid to hourly workers this year, […]
Pennsylvania governor makes budget pitch for legalizing recreational cannabis
Pennsylvania Gov. Tom Wolf, as expected, has made legalizing recreational cannabis one of his administration’s top legislative priorities this year. Wolf highlighted […]
Lack of standards, dubious business practices threaten to upend cannabis testing industry
A lack of standards in cannabis testing results is plaguing the industry. Some business owners are shopping around for labs that will […]
Ayr borrows $75 million to fund marijuana acquisitions, finish facilities
Multistate marijuana operator Ayr Strategies announced a $75 million secured loan intended to fund acquisitions and complete facilities in Arizona, Ohio and […]
Pennsylvania medical marijuana research venture gets OK from state
Pennsylvania regulators gave the green light to a company that intends to delve into medical marijuana research, potentially opening the door for […]
Growing markets lift multistate cannabis operator earnings as many MSOs turn the corner
Publicly traded multistate cannabis operators generally enjoyed robust third-quarter financial performances, bolstered by sizzling sales growth during the coronavirus pandemic and a […]
Cannabis MSO Jushi plans $50 million expansion in Pennsylvania
Fast-growing multistate cannabis operator Jushi Holdings said it will invest $50 million to expand its Pennsylvania cultivation and processing facility to meet […]
$6 billion question: Which states are likely to legalize recreational marijuana in 2021?
Recreational marijuana legalization victories at the ballot box in Arizona and New Jersey this month have set the table for adult-use legalization […]