Business

The recent cannabis industry downturn has been forcing many corporations to cut jobs, slow down production, and open less shops. This can be seen with the cannabis giant Canopy Growth cutting more than 60% of their total jobs. According...

Okay this is the last story about financial woes in this Cannabis Winter. MedMen was once on top of the world. It was valued at $1.7 billion and was nicknamed the Apple Store of weed. Since then, the company has...

Lawmakers in many states have started pre-filing marijuana law reform legislation and some sessions have already begun holding hearings. This week’s update highlights legislative developments in Delaware, Georgia, Hawaii, Iowa, Maryland, Minnesota, Missouri, Nebraska, New Hampshire, New York, North...

Tilray had set a goal in July 2021 for reaching an annual revenue of $4 billion by the end of 2024. It’s a huge number so it naturally made some waves. But as we get closer to that goal...

City lawmakers have provided final approval to a pair of bills that seek to significantly reform marijuana laws in the District of Columbia. Last week, District officials transmitted B24-0063: The Second Chance Amendment Act of 2021 to Congress absent...

2023 is going to be a year of enduring pain for marijuana companies, according to MJBizDaily. With wholesale prices plummeting across the country and demand receding, layoffs are happening across the board, with even some high profile executives leaving the...

Growers in California are leaving the industry in droves. This comes as prices hit record lows and the industry becomes stagnant. Cannabis wholesale technology platform LeafLink reports that the total square footage of cultivation canopy in California has dropped...

Lawmakers in many states have started pre-filing marijuana law reform legislation and some sessions have already begun holding hearings. This week’s update highlights legislative developments in Connecticut, Hawaii, Indiana, Iowa, Maryland, Minnesota, Mississippi, Nebraska, New Hampshire, New Jersey, New...

Lawmakers in many states have started to pre-file marijuana law reform legislation and some sessions have already begun holding hearings. This week’s update highlights legislative developments in Alaska, Illinois, Indiana, Iowa, Maryland, Minnesota, Mississippi, Nebraska, New Hampshire, New York,...

Lawmakers in many states have started to pre-file marijuana law reform legislation and some sessions have already begun holding hearings. This week’s update highlights legislative developments in Kentucky, Minnesota, Missouri, New Hampshire, New Jersey, North Dakota, South Carolina, South...