Gov. Hochul Puts New York’s Cannabis Licensing under Review
ALBANY, NY – In her latest move to address the sluggish pace of cannabis licensing in New York, Governor Kathy Hochul initiated a comprehensive...
Stocks Slide As Fears about DEA Dissent Boil Over
NEW YORK – An exchange-traded fund (ETF) that tracks some of the largest multistate operators (MSOs) fell nearly 17 percent during the first two...
Cannabis Took Center Stage at Biden’s State of the Union Address
WASHINGTON – For the first time in 234 years, the American president's State of the Union Address (SOTU) praised cannabis reform efforts, reminding Americans...
Glass House Brands Faces New Legal Troubles Over Labor Violations
LOS ANGELES – The California cultivator accused of fueling the illicit market in an ongoing legal battle is now facing a potential class-action lawsuit...
86% of Employers Plan to Hire More in 2024, but Benefits, DEI Declining
DENVER – Following two years of radical corporate downsizing as consumers returned to pre-COVID spending levels and investment dollars evaporated, the cannabis industry is...
Cannabis Caucus Co-Chair Will Not Support Federal Rescheduling
SACRAMENTO – Rep. Barbara Lee (D) is digging in on her all-or-nothing stance on federal cannabis reform, saying she believes the potential move to...
Idaho Bucks International Trend, Increases Criminal Penalties
BOISE, ID. – In 2022, Idaho arrested an estimated 4,992 individuals for cannabis possession, marking the third consecutive annual increase. This year, if state...
Planet 13 Sues Snoop Dogg’s Casa Verde Capital for $16.5M+
LOS ANGELES – Planet 13, the Las Vegas-based multistate operator known for its wildly creative dispensary designs and marketing spectacles, is suing Snoop Dogg’s...
More States Seek Bans on Synthesized Cannabinoids
PIERRE, S.D. – South Dakota lawmakers are joining a growing chorus of state governments and federal agencies taking action against unregulated cannabinoids synthesized from...
MedMen Crisis Deepens: Leadership Shakeup as Stock Crashes to Zero
LOS ANGELES – MedMen Enterprises Inc., once considered a cannabis unicorn, may be facing the legendary creature’s fate after a dramatic plunge in valuation...