Multistate cannabis operator Holistic Industries raises $35 million
Holistic Industries, a Maryland-based multistate cannabis operator, said it raised $35 million in debt financing to fund cultivation and processing build-outs as […]
Category: United States Cannabis Industry & Marijuana Business News
Maine licenses first recreational marijuana manufacturing facility
Maine regulators licensed the state’s first recreational marijuana manufacturing facility along with two adult-use cannabis stores to begin sales when the market […]
Four tips to navigate cannabis mergers and acquisitions in a distressed market
In the midst of an extended economic downturn, cannabis companies have few options for raising capital. Equity remains elusive, while debt and […]
Arkansas medical marijuana sales reach $143 million
Arkansas medical marijuana stores have sold $143 million worth of medical cannabis since sales began in May 2019. Another way to put […]
Group to drop court challenge of Utah’s restrictive medical cannabis law
Activists in Utah plan to drop a lawsuit challenging the state Legislature’s action to replace a citizen ballot initiative to legalize medical […]
California marijuana tax revenues stall in wake of pandemic, job losses
A global pandemic, record job losses and massive budget shortfalls all contributed to what California Gov. Gavin Newsom called “no normal year” […]
R&D, innovation are key for marijuana companies seeking to stay relevant with consumers
Marijuana extraction companies are among the industry leaders in innovation because the sector is continuously evolving. R&D, innovation are key for marijuana […]
Both medical and adult-use cannabis legalization on South Dakota ballot for November
South Dakota in November will become the first state in the nation to vote on both medical and adult-use marijuana legalization. South […]
Week in Review: Nature’s huge toll on cannabis growers, Illinois social equity questions, legalization efforts & more
Wildfires in the West have devastated a number of marijuana farms in Oregon, Washington state and California, while an early freeze hit […]
IRS issues new tax-payment guidance for marijuana companies
To assist the national marijuana industry in paying its federal taxes, the Internal Revenue Service issued a series of guidance documents that […]