Village Farms International Comments on Delayed Cannabis Rescheduling Process The hearing’s designated participant views the delay as an imperative administrative step and symbolic win for the industry against a ‘conflicted’ DEA.
Missouri Now 5th Largest Adult-Use Cannabis Market in Nation The Show-Me state sold more cannabis than Colorado and Arizona in 2024.
Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes The notes form part of the same series of the $235 million aggregate principal amount of the company's 12.75% senior secured notes due in 2029.
DEA Judge Grants Interlocutory Appeal, Cancels Cannabis Rescheduling Hearing The rescheduling proceedings won’t pick up for at least 90 days—if at all—pending a resolution of the appeal to the DEA administrator.
Nevada Cannabis Workers at Ayr Wellness Ratify 1st Union Contract The contract includes 120 workers across three dispensaries and one delivery depot in Las Vegas and Henderson.
New York’s Warrantless Hemp Shop Raids Must Stop, Judge Orders State Supreme Court Justice Thomas Marcelle ruled that the New York City Sheriff’s Office and state regulators are prohibited from conducting the searches.
California Offers Tax Relief to Businesses Impacted by Los Angeles Wildfires In response to the recent wildfires, the state has extended the Jan. 31, 2025, sales-and-use tax filing deadline for Los Angeles County taxpayers until April 30, 2025.
High Tide to Enter German Medical Cannabis Market Through Acquisition of Purecan GmbH The acquisition will give High Tide a majority stake in Purecan’s profitable operations.
Michigan Eclipses $10 Billion in Adult-Use Cannabis Sales The Great Lakes State finished 2024 with another record-breaking year, as the average retail price for flower dipped below $70 per ounce.
PharmaCann Cannabis Cultivation Workers Vote to Unionize in Illinois The workers united in Dwight, Ill., to join Teamsters Local 777, expanding the union’s footprint in the cannabis supply chain.