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A medical marijuana grower in Pennsylvania that laid off almost half its staff is planning to sue the state over what it alleges are anti-competitive business practices allowed by regulators.
Nevada cannabis cultivator producer company Flower One Holdings amended the terms of a short-term debt agreement to extend the maturity date to the end of this year.
A jury trial for a Black marijuana grower in Oklahoma accused of murdering an alleged burglar, who was white, is set for October, setting the stage for a potentially racially charged case.
Marijuana multistate operator Verano Holdings said it must restate five quarterly financial statements dating back to March 31, 2021, and that all of its disclosures and investor presentations since then “should therefore no longer be relied upon.”
Key European government ministers have concluded more work must be done to craft a sustainable framework for regulating recreational cannabis across the region – arguing the current situation is untenable after an unusual meeting of top officials earlier this month.
The first state-licensed medical marijuana dispensary, Unity Rd., opened Wednesday in Hartford, near Sioux Falls, though most cultivators won’t have product ready for sale until this fall.
Canadian cannabis and alcohol company Tilray Brands posted a $457.8 million net loss for its fourth quarter and a $434 million net loss for its 2022 fiscal year.
