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Mar 17
Trulieve, Cresco lobbying Pennsylvania to legalize adult-use marijuana, report says

Major marijuana multistate operators are betting big on Pennsylvania to be the next state to legalize adult-use marijuana. Trulieve, Cresco lobbying Pennsylvania to legalize adult-use marijuana, report says is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Mar 17
Atai extends cash runway into 2027 despite $39M fourth-quarter loss

The biopharmaceutical says its latest $59.2 million equity offering gives it financial stability through multiple clinical trial milestones. The post Atai extends cash runway into 2027 despite $39M fourth-quarter loss appeared first on Green Market Report.

Mar 17
Innovative Industrial Properties says PharmaCann defaults on lease payments again

The struggling cannabis operator missed March payments for nine properties totaling $2.7 million. The post Innovative Industrial Properties says PharmaCann defaults on lease payments again appeared first on Green Market Report.

Mar 17
Average daily marijuana sales are growing in Ohio

Legal cannabis sales in Ohio totaled more than $77.8 million across the state’s February reporting periods. The post Average daily marijuana sales are growing in Ohio appeared first on Green Market Report.

Mar 17
Has Michigan’s marijuana market peaked? Sales fall for 3rd straight month

Michigan’s legal cannabis industry is beginning to show signs of a slowdown after the third straight month of declining sales. The post Has Michigan’s marijuana market peaked? Sales fall for 3rd straight month appeared first on Green Market Report.

Mar 17
Willow Biosciences to sell operating subsidiary for $3.38M

The Canadian biotech firm will focus on “maximizing shareholder value” as it offloads its core business following months of financial woes. The post Willow Biosciences to sell operating subsidiary for $3.38M appeared first on Green Market Report.

Mar 17
Will marijuana rescheduling happen under Trump? Industry’s doubts grow

President Donald Trump’s choices over his first 50 days in office, including appointments to lead the federal drug and health agencies, are sowing serious doubts that marijuana’s status under federal law will change anytime soon. Will marijuana rescheduling happen under Trump? Industry’s doubts grow is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis […]

Mar 17
California cannabis veteran launches niche retail operation in Emerald Triangle

Goldenhour is staking its claim in high-quality product at an affordable price. The post California cannabis veteran launches niche retail operation in Emerald Triangle appeared first on Green Market Report.

Mar 17
Seven tons of fake magic-mushroom candy bars turned over to San Diego deputies

An inspection in Vista in September by San Diego Sheriff’s deputies and the California Department of Public Health in which “mushroom magic” chocolate bars were seized for drug testing later ballooned into the turnover of thousands of pounds of products worth millions of dollars, officials said. The inspectors were focused on Polka Dot chocolate bars, […]

Mar 17
Canada – Media Report: RCMP continue crackdown on Indigenous cannabis sales with latest Eskasoni bust – CKBW

RCMP have arrested five men after executing search warrants at an illegal cannabis storefront in Eskasoni and a residence in Howie Centre. Officers searched the storefront on Shore Road, arresting two men from Eskasoni, ages 32 and 37. A 41-year-old man from Eskasoni was arrested at the home in Howie Centre. Police seized a large […]