Blog

Jul 16
FTC, FDA Send Cease-and-Desist Letters to 5 Companies Selling Delta-8 THC Products Appealing to Children

FTC, FDA Send Cease-and-Desist Letters to 5 Companies Selling Delta-8 THC Products Appealing to Children The federal agencies called out the firms for putting kids’ health at risk for the sake of profit.

Jul 16
Ohio Initiates Next Step to Kick-Start Adult-Use Cannabis Program

Ohio Initiates Next Step to Kick-Start Adult-Use Cannabis Program The state’s Division of Cannabis Control is in the process of issuing certificates of operation to cultivators to supply adult-use cannabis.

Jul 16
Congress Accidentally Legalized Weed Six Years Ago

Congress Accidentally Legalized Weed Six Years Ago Drive through Durham, North Carolina, where I live, and you might get the impression that marijuana is legal here. Retail windows advertise thc in glittery letters and neon glass, and seven-pointed leaves adorn… The post Congress Accidentally Legalized Weed Six Years Ago appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Jul 16
Wyld Launches Edibles Brand In New York

Wyld Launches Edibles Brand In New York Wyld, one of the top 5 cannabis brands in the U.S., has expanded its best-selling product offerings into New York. The edibles company now has a footprint in 14 U.S. markets and Canada.

Jul 16
SNDL Initiates Overhead Restructuring, Operational Adjustments Impacting 106 Employees

SNDL Initiates Overhead Restructuring, Operational Adjustments Impacting 106 Employees The project is expected to deliver more than $20 million in annualized cost savings driven primarily by the optimization of corporate overhead spending.

Jul 15
30,000+ Comments Submitted on DEA’s Proposed Rescheduling Rule

30,000+ Comments Submitted on DEA’s Proposed Rescheduling Rule As the public comment period nears an end, comments are continuing to flood in.

Jul 15
Ascend Wellness Holdings Signs Definitive Agreements to Issue $235 Million of Senior Secured Notes

Ascend Wellness Holdings Signs Definitive Agreements to Issue $235 Million of Senior Secured Notes The company secured funding with a 12.75% coupon and a five-year term; the net proceeds will refinance an existing term loan.

Jul 15
New York on Pace to Sell $520M of Cannabis in 2024; Could Crack $700M

New York on Pace to Sell $520M of Cannabis in 2024; Could Crack $700M The state’s recent sales boom features weekly store openings and increased enforcements efforts, marking a U-turn from a dismal 2023.

Jul 13
California State Fair allows sale and consumption of marijuana for first time ever

California State Fair allows sale and consumption of marijuana for first time ever For the first time, you can buy and use marijuana on the fairgrounds at the California State Fair. On Friday and Saturday, folks are only allowed to consume non-inhalable products like… The post California State Fair allows sale and consumption of marijuana for first time ever appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Jul 12
N.Y. loosens advertising rules for retail cannabis shops

N.Y. loosens advertising rules for retail cannabis shops In the wake of complaints about New York’s draconian rules governing advertising by licensed cannabis retailers, regulators this week approved changes that will allow the businesses to tout their locations… The post N.Y. loosens advertising rules for retail cannabis shops appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.