Cresco closes $29M sale-leaseback deal on MA marijuana facility
Cresco Labs, a multistate cannabis operator headquartered in Chicago, has entered into its fifth sale-leaseback deal with San Diego-based Innovative Industrial Properties […]
Category: United States Cannabis Industry & Marijuana Business News
Maine edges closer to starting $300M adult-use cannabis market, though opt-outs and license caps linger
Maine is inching toward launching a projected $300 million-a-year recreational marijuana market perhaps by the fall, nearly four years after residents voted […]
Second medical marijuana provider in Louisiana poised to roll out products
Only two entities in Louisiana – both colleges – are authorized to produce medical marijuana for patients, and Southern University on Wednesday […]
NJ is key to East Coast adult-use cannabis legalization, stakeholders say
New Jersey is the “linchpin” for coming recreational marijuana legalization on the East Coast, a panel of industry experts said Tuesday on […]
Marijuana edibles maker Dixie Brands changing name to avoid causing ‘pain’
Denver-based marijuana edibles producer Dixie Brands said it will change its name in a move to separate itself from the historic context […]
California cannabis market a challenge, but it’s not all doom and gloom
Experts agree the California recreational marijuana market is extremely challenging because of high tax rates, huge illicit production and consumption as well […]
Illinois delays awarding 80 cannabis business permits
The governor of Illinois on Monday signed an executive order delaying the issuance of 80-plus marijuana business permits that were scheduled to […]
Exclusive: US retail marijuana sales on pace to rise 40% in 2020, near $37 billion by 2023
Retail sales of medical and recreational cannabis in the United States are on pace to eclipse $15 billion by the end of […]
California cannabis regulators extend license fee deferrals amid coronavirus
The trio of regulatory agencies that oversee California’s marijuana industry announced Monday that they’re again offering license fee payment deferrals for up […]
Cresco CEO: How marijuana firms can ‘slingshot’ out of recession, pandemic
If cannabis companies can survive this “giant curveball” and economic downtown, those businesses can “slingshot out of it” in better shape and […]