Oversupply and low, low prices are coming to a head in the industry, leaving a trail of shuttered cultivator and processors. The post The great culling of Michigan cannabis companies could start in earnest in 2025 appeared first on Green Market Report.

The company’s seeking ‘less dilutive’ financing as cash reserves drop in recent quarters; in talks with multiple parties over development program rights. The post Willow Biosciences scraps private placement to explore royalty sales appeared first on Green Market Report.

The deal offers an exit for the struggling producer as it faces a C$167.6M debt load and an expiring forbearance agreement. The post Entourage Health to go private in deal with union pension fund appeared first on Green Market Report.

As they would say in the Bay Area: YEE! Yes, under the new California law that took effect on January 1, 2025, it is now legal to smoke cannabis in designated cannabis cafes. This legislation, known as Assembly Bill 1775, allows licensed cannabis retailers to operate cafes where customers can consume cannabis on-site while enjoying […]

Since its inception in 2019, Oregon State University’s Global Hemp Innovation Center has prioritized building strong relationships with rural businesses including Native American tribal partners throughout the region. Starting with its first USDA grant in 2021, that work has included the development of new trainings specifically to educate faculty on historical context and best practices […]

On December 19, the United States Circuit Court of Appeals for the Second Circuit held oral arguments in Variscite NY Four, LLC v. New York State Cannabis Control Board, the latest front in an ongoing legal war over whether the dormant Commerce Clause (“DCC”) should apply to the state-licensed cannabis industry. With the caveat that reading the tea […]