Worm Power Secures $900,000 Grant from USDA to Accelerate Production of its Sought-After Sustainable, Earthworm-Fueled Fertilizer New York–based company set to expand facility and advance production methods to meet growing customer demand for its breakthrough vermicomposting products

Aurora Cannabis Launches First Domestically Grown Medical Cannabis Brand in Germany Under New Cultivation License Investment in the region continues with the launch of IndiMed, the company's first locally grown brand in Germany.

Indigenous Cannabis Industry Association Advances Equity in the Cannabis Industry in 2024 An eventful year was characterized by increased membership, leadership gatherings and international speaking engagements, all on behalf of the future of Indigenous communities in cannabis

Mango Cannabis Opens Largest Dispensary In New Mexico Sunland Park Home to 9,000-Square-Foot Superstore The 9,000-square-foot superstore was built with the ability to process 2,000 to 3,000 orders a day.

Sky Labs in Hot Water Again, Allegedly Possessing More Than 2,000 Pounds of Hemp-Derived Isolate Michigan’s Cannabis Regulatory Agency filed a new formal complaint against the adult-use cannabis processor based on infractions involving THCA hemp isolate, missing COAs, and combining untested isolate with distillate in the company’s inventory, among ot

Overcoming Challenges in the Cannabis Industry: Cash Flow, Strategy, and Technology Insights By Dave McManus As the cannabis industry evolves, operators at every level are faced with unique challenges. From managing cash flow to ensuring compliance and refining operations, the pressure to… The post Overcoming Challenges in the Cannabis Industry: Cash Flow, Strategy, and Technology Insights appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Cannabis tax compliance: planning for potential rescheduling Michael D. Harlow, CPA, Managing Partner – Cannabis Industry, Office and Travis Butler, CPA, Incoming Partner, CohnReznick As in many areas, people across the cannabis industry are wondering: What does… The post Cannabis tax compliance: planning for potential rescheduling appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

Former DEA Special Agent Derek S. Maltz Appointed Acting DEA Administrator The appointee said in May that if science supports cannabis rescheduling ‘then so be it,’ but that it’s ‘crystal clear’ that ‘the Justice Department hijacked the rescheduling process, placing politics above public safety.’

Standard Wellness Secures $10 Million Credit Facility at Market-Leading 9.25% Rate to Refinance Debt and Drive Growth null

How to Germinate Old Cannabis Seeds Kenneth Morrow’s exhaustive–and old–cannabis genetic collection has him wondering: Is there an optimal way to germinate decades-old seeds?

A 2024-2025 Look Back and Ahead: ‘Excited to Put 2024 in the Rearview Mirror’ In this special feature, nine cannabis industry leaders from plant-touching companies reflect on 2024 and share what they are looking forward to and predicting for the year ahead, from their businesses to state, national and global cannabis markets.

Thoughts on the Terrible Pageant of Marijuana Rescheduling By Vince Sliwoski, Managing Partner, Harris Sliwoski It’s been a wild week in the rulemaking around marijuana rescheduling, to say the least. I’ve started writing about it a couple of… The post Thoughts on the Terrible Pageant of Marijuana Rescheduling appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

State Officials Continue Treating Cannabis Businesses as Piggy Banks in 2025 California, Maryland, Maine and Mississippi are entertaining cannabis excise tax hikes this year that could put licensed businesses in jeopardy.

Leafly Delisted From Nasdaq The company received notice of its delisting and a transition to an over-the-counter market. Also, the company’s convertible debt maturity was extended.

President Joe Biden Commutes Sentences for Nearly 2,500 Nonviolent Drug Offenders The latest act means Biden has granted more individual commutations than any other president.

South Carolina Medical Cannabis Legalization Back on the Legislative Table for 2025 State Sen. Tom Davis reintroduced the Compassionate Care Act to end the state’s prohibition of medical cannabis.

Florida Adult-Use Cannabis Legalization Sponsor Launches Campaign for 2026 Ballot Smart & Safe Florida, the political committee behind 2024’s failed measure, filed a new proposal for a constitutional amendment with minor tweaks.

National Cannabis Roundtable and US Cannabis Council Merge to Represent Industry Interests in Washington The two largest industry groups agreed to combine their policy advocacy efforts to form the US Cannabis Roundtable as a leading voice for reform.

Trulieve Opening 4th Ohio Cannabis Dispensary in Zanesville The company’s new retail facility in Muskingum County will host a grand opening celebration on Jan. 17.

DEA Judge Sends Interlocutory Appeal to Administrator; Recommends All Participants Be Included The judge asked DEA Administrator Anne Milgram to include all designated participants for the cannabis rescheduling hearing to be part of a briefing schedule.

Eaze Closes Asset Purchase, Plants 1st Cannabis Crop at Green Dragon Facility in Florida The expansion will increase the indoor flowering canopy from 32,000 square feet to 64,000 square feet.

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.

SEC Fines Acreage Holdings $225,000 Over ‘Materially False’ Financial Statements The company, that Canopy USA recently acquired, submitted the settlement offer, which the SEC accepted as a penalty for a violation from 2019.

DEA Responds to ‘Out of Time’ Cannabis Rescheduling Claims In response to cannabis advocates’ renewed motion to disqualify the DEA from the hearing process, the DEA says there is no new evidence to reconsider.

CRA Announces 103 Social Equity Licensees Will Share $1 Million through the 2025 Social Equity Grant Program null

New Data Shows Adult-Use Cannabis Legalization Corresponds with Drops in Teen Use null

LEADING U.S. CANNABIS BRAND STIIIZY DEBUTS HEMP INFUSED SELTZER BEVERAGES null

4 New York Dispensary Licensees Sue State Regulators Over Buffer Rule The retail operators are challenging the state’s Office of Cannabis Management for granting waivers they say violate the buffer between dispensaries.

DoorDash Expands Offerings to Include Hemp-Derived Products in Select States The delivery company is providing a new selection of beverages, topicals, gummers and other Farm Bill-compliant products.

Green Thumb Industries Partners With Chicago Music Venue to Bring THC Products to Concerts The partnership with The Salt Shed will allow concertgoers to access GTI’s on-site retail experience from RISE Dispensaries on show days.

Empowering the Next Generation: Aurora Cannabis Announces German Internship Program The cannabis company launched the program at its manufacturing facility in Leuna, Germany, to cultivate future leaders in the medical cannabis industry.

California Wildfires Shut Down Cannabis Businesses, Threaten Others Smoke, power outages, supply chain disruptions and confusion are among the impacts of the crisis, which LA NORML executive director describes as ‘as close to Armageddon’ as he has seen.

Virginia Democrats Renew Fight With Governor Over Cannabis Sales State lawmakers reintroduced legislation to set up a commercial adult-use program despite expecting another veto from Gov. Glenn Younkin.

Federal Court Rules Virginia’s Total THC Hemp Regulations Supersede 2018 Farm Bill The Fourth Circuit Court of Appeals concluded that federal law does not preempt the state’s regulations, including a milligram cap on hemp products.

Verona Collective to Double Its Existing Cannabis Dispensaries with New Locations in Sherrill and Chittenango The Oneida Indian Nation’s seed-to-sale cannabis enterprise will open a new dispensary in Sherrill on January 16 and another in Chittenango on January 23 with plans to open two additional locations by the end of the year.

Interlocutory Appeal Could Impact Cannabis Rescheduling Hearing New evidence prompted rescheduling advocates’ second effort to oust the DEA from the hearing; if relief is denied, they will seek the appeal.

Minnesota’s Top Cannabis Regulator Resigns; Adult-Use Sales Launch Date Still Unknown Charlene Briner, the Office of Cannabis Management’s interim director, is stepping down as adult-use regulations remain unfinalized.

DEA Approves Marion McNabb as Expert Witness for Cannabis Rescheduling Hearing The doctor in public health will testify as a proponent for reclassifying cannabis to a Schedule III drug under the Controlled Substances Act.

Klutch Cannabis to Rebrand Dispensaries, Launch Cookies Products in January 2025 The vertically integrated Ohio operator is focused on creating a unified experience while also offering globally recognized genetics.

6 Cannabis Industry Legal Cases, Policy Reforms and Trends to Watch in 2025 2024 was another busy and interesting year of legal and political developments for cannabis. Here are some key issues and must-watch cases for the year ahead.

Agrify Closes Sale of Cultivation Business The move further simplifies the company’s business model and balance sheet.

Delaware’s Top Cannabis Regulator Resigns Amid Adult-Use Rollout Rob Coupe, whose public service career spans 40 years, stepped down two weeks after awarding dispensary licenses but before the state’s sales launch.

The Cannabist Co. Expands New Jersey Footprint With Dispensary Opening in Mays Landing The company’s third dispensary in New Jersey began serving medical patients on Dec. 30, 2024, with adult-use sales to follow.

Attorney General, DEA Director, Judge Under Federal Court Summons Over DEA Marijuana Policy Despite the DEA’s policy, MMJ International is moving forward with the FDA on cannabis drug development for Huntington’s disease.

New York’s Medical Cannabis Sales Figures Go Unsung in 2024 The state’s 32 medical cannabis dispensaries eclipsed nine figures for the year, pushing the state’s combined sales total close to $1 billion for 2024 alone.

Wisconsin Governor Proposes Allowing Citizen-Initiated Ballot Measure to Legalize Cannabis Democratic Gov. Tony Evers is including the proposal in his state budget as Republican state lawmakers continue to lock horns on medical cannabis reform.

The Hemp Co. by Curaleaf Celebrates Dry January With Debut of 2.5 mg Select Zero Proof Hemp Seltzer, New Flavors Select Zero Proof Seltzer, infused with naturally derived hemp THC extract, is now shipping across the country in a new 2.5-milligram option with new flavors.

California Cannabis Operators Face New Obstacles in 2025 as Governor Touts Seizures Gavin Newsom called an operation in East Oakland ‘proof’ of the state’s dedication to regulated businesses, but licensing hurdles and tax hikes persist.

Terrapin Opening 1st Pennsylvania Dispensary in Bellefonte The independent medical cannabis grower/processor will host a grand opening on Jan. 9 for its retail facility.

iAnthus Acquires Lifestyle Vape Brand ‘Cheetah’ for $1.5 Million The transaction advances iAnthus' commitment to brand innovation while providing multistate expansion for Cheetah's product portfolio.

Top 10 Articles of 2024: Farm Bill, Ohio Legalization, Rescheduling Lead CBT’s Coverage Here’s a roundup of Cannabis Business Times’ most-viewed stories that readers did not want to miss out on from the past year.