New York cannabis associations divided on issuing more adult-use licenses
Two prominent New York cannabis industry associations disagree about whether regulators should accelerate the issuance of retail licenses in the state.
Articles by Kate Robertson :
North Carolina tribe begins state’s first medical cannabis sales on 4/20
Hundreds of customers flocked to the Great Smoky Cannabis Co. on 4/20 to celebrate the launch of medical cannabis sales on tribal lands near Asheville, North Carolina.
US liquor retail chain to deliver THC drinks nationwide for 4/20
U.S. liquor retail chain Total Wine & More is making THC and CBD drinks by Texas-based Hill Beverage Co. available to consumers nationwide via delivery.
Motif Labs takes aim at young, fun cannabis consumers with Rizzlers
Motif Labs CEO Mario Naric hopes its new Rizzlers closed-loop vape system will repeat the success some of its other brands have achieved.
Chicago Atlantic lends $20 million to Nova Farms cannabis operator
Cannabis industry lender Chicago Atlantic issued a $20 million loan to Massachusetts-based multistate operator Nova Farms.
Sun Theory marijuana operator acquires Terrapin’s Colorado stores
Sun Theory Holding Co., a Denver-based vertically integrated marijuana operator, acquired five of Terrapin Care Station’s retail locations in Colorado for an undisclosed sum.
Marijuana multistate operators continue to flee regulated state markets
Publicly traded marijuana multistate operators exited regulated cannabis markets through late 2023, continuing a pattern fueled by increased capital costs, high taxes and the slow pace of federal reform.
Most smokable hemp has more THC than is legal, study says
An analysis of smokable hemp products found that 93% of tested samples contain more than 0.3% THC, which is the federal legal limit as outlined in the 2018 U.S. Farm Bill.
New Mexico reports record cannabis sales of $52 million in March
New Mexico set a monthly record for recreational and medical cannabis sales with more than $52 million in March.
Iowa to restrict hemp-derived cannabis products
Iowa will restrict hemp-derived cannabis products and expand its medical marijuana program under a bill headed to the governor’s desk.
Cannabis operators’ delinquent payments total more than $3.8 billion, report says
Total delinquent payments by U.S. cannabis operators have exceeded $3.8 billion and could balloon to $4.2 billion in 2024 without some intervention.
California marijuana delivery firm Smoakland acquires manufacturer
Marijuana delivery company Smoakland is acquiring Sublime, a fellow California operator that manufactures pre-rolls, vaporizers, extracts and edibles.
