News

PharmaCann Defaults on Multiple Leases, Cannabis REIT Claims

PharmaCann Defaults on Multiple Leases, Cannabis REIT Claims

By Cannabis Risk Manager Staff / December 23, 2024 /

Cannabis REIT Claims PharmaCann Defaulted on Multiple Leases Across the U.S. Innovative Industrial Properties (IIP), a leading cannabis real estate investment trust (REIT) based in San Diego, has accused multistate…

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Cannabis MSO Standard Wellness Secures $10 Million Loan

Cannabis MSO Standard Wellness Secures $10 Million Loan

By Cannabis Risk Manager Staff / December 23, 2024 /

Standard Wellness Secures $10 Million Loan to Support Growth and Expansion Standard Wellness Holdings, a prominent marijuana multistate operator (MSO) based in Ohio, has successfully secured a $10 million credit…

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Massachusetts Nears Cannabis Chief; Arkansas Regulator Quits

Massachusetts Nears Cannabis Chief; Arkansas Regulator Quits

By Cannabis Risk Manager Staff / December 20, 2024 /

Massachusetts Cannabis Control Commission Faces Challenges in Filling Executive Director Position Amid Renewed Negotiations The Massachusetts Cannabis Control Commission (CCC), the governing body for the state’s adult-use and medical marijuana…

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Cannabis MSO Cansortium Merges with RIV Capital

Cannabis MSO Cansortium Merges with RIV Capital

By Cannabis Risk Manager Staff / December 20, 2024 /

Cansortium and RIV Capital Complete Merger, Expanding Fluent’s Footprint and Market Reach The much-anticipated merger between Florida-based cannabis multistate operator Cansortium, operating under the Fluent brand, and Toronto-headquartered RIV Capital…

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THCA Seizures Cost Tennessee $735K in Hemp Settlement

THCA Seizures Cost Tennessee $735K in Hemp Settlement

By Cannabis Risk Manager Staff / December 20, 2024 /

Tennessee Authorities Settle Lawsuit with Hemp Businesses Over Seized THCA Flower Authorities in Tennessee have agreed to pay $735,000 to two hemp businesses, Old School Vapor and Sak Wholesale, after…

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Delaware Awards 15 Recreational Cannabis Retail Licenses

Delaware Awards 15 Recreational Cannabis Retail Licenses

By Cannabis Risk Manager Staff / December 20, 2024 /

Delaware Awards 15 Additional Recreational Cannabis Retail Licenses in Statewide Lottery Delaware’s cannabis regulatory agency has issued 15 new recreational marijuana retail licenses through a highly anticipated lottery held on…

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Can Cannabis Lounges Rely on Liability Waivers for Protection?

Can Cannabis Lounges Rely on Liability Waivers for Protection?

By Cannabis Risk Manager Staff / December 20, 2024 /

Cannabis-Consumption Lounges Grapple with Liability: Balancing Relaxation and Regulation As cannabis-consumption lounges become increasingly popular in states where marijuana is legal, owners face the challenge of creating a relaxed, social…

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Nearly 70 Michigan Cannabis Businesses Fined for Violations

Nearly 70 Michigan Cannabis Businesses Fined for Violations

By Cannabis Risk Manager Staff / December 20, 2024 /

Michigan Cannabis Businesses Face Fines for Regulatory Violations in November Michigan’s Cannabis Regulatory Agency (CRA) issued fines to 67 licensed marijuana businesses in November for various regulatory violations. The penalties…

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Federally Funded Survey: Teen Cannabis Use Reaches Historic Low

Federally Funded Survey: Teen Cannabis Use Reaches Historic Low

By Cannabis Risk Manager Staff / December 19, 2024 /

University of Michigan Survey Reveals Teen Cannabis Use Drops to 30-Year Low A federally funded survey by the University of Michigan, part of the annual Monitoring the Future report, has…

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Ohio Adult-Use Launch: The Only New Cannabis Market in 2024

Ohio Adult-Use Launch: The Only New Cannabis Market in 2024

By Cannabis Risk Manager Staff / December 19, 2024 /

2024 Expected to Be One of the Quietest Years for Cannabis Market Launches Amid Limited Expansion and Slow Growth The cannabis industry in the United States has faced a significant…

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How Many Cannabis Shops Are in the Capital Region?

How Many Cannabis Shops Are in the Capital Region?

By Cannabis Risk Manager Staff / December 18, 2024 /

New York’s Cannabis Industry Surges: Capital Region Now Home to 39 Recreational Dispensaries ALBANY, N.Y. (NEWS10) – New York’s cannabis market is flourishing, with the state’s Office of Cannabis Management…

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Tennessee Fined $735K for Wrongful Hemp Seizure

Tennessee Fined $735K for Wrongful Hemp Seizure

By Cannabis Risk Manager Staff / December 18, 2024 /

Tennessee Businesses Secure $735,000 Settlement After Police Wrongfully Seize Legal Hemp Products In a precedent-setting legal victory, two Tennessee businesses have reached a $735,000 settlement with the State of Tennessee…

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