Business
The legalization of cannabis made it a very vibrant business, with many investors entering the industry. But that initial enthusiasm rapidly showed that to succeed in this market, there was…
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On Monday, Maryland Governor Wes Moore announced a significant move in criminal justice reform: the pardoning of 175,000 individuals with low-level marijuana convictions. This initiative is one of the most…
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Two high-ranking officials at New York’s Office of Cannabis Management (OCM) were dismissed last week, marking significant changes within the struggling regulatory agency. The departures are part of an ongoing…
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A public-private fund aimed at supporting cash-strapped cannabis businesses in New York City has been finalized and is set to disburse funds as early as this summer. The fund, which…
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Nestled near the Arkansas border, Flora Farms Stateline Dispensary has quickly become a bustling hotspot since its opening on January 5. Situated just a third of a mile from Arkansas,…
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The federal rescheduling of cannabis poses unique challenges to FDA regulators, requiring a nuanced approach to regulation. Rescheduling Plan Cannabis is set to move from Schedule I to Schedule III,…
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The Cannabist Company has unveiled a series of strategic initiatives aimed at boosting profitability and streamlining operations. These measures include a corporate restructuring expected to save around $10 million annually.…
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New York Governor Kathy Hochul has announced the closure of over 100 illicit cannabis stores across the state by the New York State Cannabis Enforcement Task Force in the past…
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New York-based Cannabist Co. Holdings, formerly known as Columbia Care, has announced plans to divest its entire Florida portfolio, including cultivation facilities, dispensaries, and its vertically integrated license. Strategic Decision…
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California’s state fair has moved to become the first event of its kind by allowing the sale and consumption of marijuana on its grounds when its 2024 edition unfolds in…
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Legislation to ban federal interference with banks serving the cannabis industry was pulled from a federal funding bill after objections from Republican lawmakers. GOP members of the U.S. House of…
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On June 12, the American Medical Association (AMA) voted to support the decriminalization of drug possession for personal use. The vote took place during the AMA’s annual House of Delegates…
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