Business

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...

Members of the 117th Congress are unlikely to advance the Secure and Fair Enforcement (SAFE) Banking Act and other marijuana-related reform language before the session’s end. Congressional leaders are set to debate an omnibus spending package in the session’s...

The District of Columbia’s city council has recently approved legislation to significantly expand medical cannabis operations in Washington, DC. The Medical Cannabis Amendment Act, led by Council Chairman Phil Mendelson (D), will:  Increase the number of licensed dispensaries that can operate...

From 2014 to 2016, former prosecutor Ramy Joudeh, who became an assistant district attorney in 2015, ran a distribution ring that would ship crates of marijuana from an auto shop in New Jersey to California. The FBI first found out...