Pennsylvania lawmakers introduce adult-use marijuana legalization bill
An adult-use marijuana legalization bill introduced Friday is the first bipartisan MJ reform bill to appear in the Pennsylvania House of Representatives.
Cannabis operator TerrAscend secures $140 million loan
TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term loan from FocusGrowth Asset Management, a leading capital provider to the marijuana sector, and other members of a loan syndicate.
Pennsylvania budget doesn’t include adult-use marijuana legalization
Pennsylvania state lawmakers passed an annual budget without the adult-use marijuana legalization – and accompanying revenue – that the governor had planned for.
How cannabis-friendly are potential Biden successors?
Names floated as potential replacements for Democratic U.S. President Joe Biden have at least one thing in common: support for cannabis.
Pennsylvania marijuana operators vexed by state-mandated software
Pennsylvania’s medical marijuana retailers recorded more than $1.3 billion in sales last year despite hiccups and outages that operators say could be avoided if state-mandated track-and-trace software worked properly – or, at least, the way it’s supposed to work by law.
Pennsylvania adult-use marijuana sales could top $2.8 billion, report says
Adult-use marijuana legalization in Pennsylvania could lead to $2.8 billion in legal sales within a year, a new study shows.
Cannabis operators Cansortium and RIV Capital are merging
Cansortium, a Florida-based vertically integrated cannabis multistate operator, is merging with RIV Capital, which operates the Etain Health marijuana brand in New York.
