Category: Uncategorized
Delaware to Commence Adult-Use Cannabis Sales on Aug. 1—831 Days Since Legalization The state’s Office of the Marijuana Commissioner announced the launch date, which had been delayed by trouble with obtaining an FBI service code.
Trulieve Announces Registration Statement Filing The cannabis company has no immediate plans to offer or sell any securities under the shelf registration.
TerrAscend Exiting Michigan, Will Sell 4 Cultivation Facilities, 20 Dispensaries The cannabis company announced the strategic exit to focus on core markets. The net proceeds from its divestitures will be used to pay down debt.
Nebraska Governor Approves Emergency Regulations for Medical Cannabis Market State regulators plan to prohibit smoking, combustion and vaping, but a formal rulemaking process is underway before an October licensing deadline.
10 Alabama CBD Stores, Vape Shops Raided; 4 Hemp Businesses Sue State The Alabama Law Enforcement Agency and other agencies executed search warrants as a new law banning certain hemp products is set to take effect July 1.
California Cannabis Excise Tax Hike Takes Effect as Consumers Face Mounting Cost-of-Living Crisis The excise tax increase will drive more Californians to the unlicensed market; Assembly Bill 564 offers a path to roll back the policy.
New York Recalls 28 Cannabis Products With Materials Sourced From Out of State The New York Office of Cannabis Management issued the recall for flower and pre-rolls produced with inputs from unlicensed entities.
High Tide Opening 2 Canna Cabana Dispensaries in Toronto, Winnipeg The new locations in Ontario and Manitoba bring the cannabis company’s store count to 202 locations across Canada.
4Front Ventures’ Receivership Proceedings Progress; Board Members Resign Board Chairman Kris Kane and Director David Daily resigned as a result of a receiver appointment under Canada’s Bankruptcy and Insolvency Act.
AYR Wellness Has No Estimate for Q1 2025 Interim Filings; Trading Remains on Hold The cannabis company’s delay in filing its financial statements comes as its negotiations with creditors remain ongoing.