Top marijuana regulators in 2 states resign before adult-use sales

Top marijuana regulators in 2 states resign before adult-use sales

The top marijuana regulators in two states on the verge of launching adult-use sales are stepping down. Delaware Marijuana Commissioner Rob Coupe is leaving his post only weeks after the state distributed 15 recreational marijuana retail licenses through a lottery that had more than 500 applicants. And Charlene Briner, interim director of Minnesota’s Office of […]

Ready to Elevate Your Cannabis Experience with Bubble Hash? Let’s Dive In!

Ready to Elevate Your Cannabis Experience with Bubble Hash? Let’s Dive In!

Bubble hash is one of many cannabis concentrates enjoyed due to its versatility, safety, and simplicity for DIY enthusiasts. Bubble hash’s history doesn’t extend back as far as its non-bubbling counterpart, but it’s definitely interesting. Neville Schoenmakers – a man of fame and infamy to stoners and law enforcement respectively – discovered the water trichome […]

Looking for a Sophisticated High? Discover the World of Cannagars!

Looking for a Sophisticated High? Discover the World of Cannagars!

From dispensary freebies to brand samples, there are several different ways to get creative about amassing some free weed – especially if you live in a legal state like California, Washington, or Colorado. However, there are equal cannabis opportunities to be had throughout the country (if you look hard enough). Dispensary Free Samples The easiest […]

Is Weed Making You Antisocial? Here’s What You Can Do About It

Is Weed Making You Antisocial? Here’s What You Can Do About It

Many people can relate to the experience of “hitting a wall” socially. Introverts, you especially know what I mean. But when self-enforced isolation is weed-induced, does that mean it’s time to reconsider a few habits or routines? Maybe even take a break from weed entirely? Cannabis has long been negatively associated with laziness and haziness, […]

Cannabis financial services firm Safe Harbor cuts $1.2M liability

Cannabis financial services firm Safe Harbor cuts .2M liability

Cannabis industry finance company SHF Holdings, doing business as Safe Harbor Financial, has eliminated $1.2 million of indemnity liability through a four-year extension and modification of its agreement with Partner Colorado Credit Union. The eradicated indemnity liability, which was on the company’s balance sheet as of Sept. 30, went into effect Jan. 1, 2025, according […]

Ohio recreational cannabis sales surpass $242 million in 2024

Ohio recreational cannabis sales surpass 2 million in 2024

Ohio recreational cannabis retailers recorded $242.2 million in sales in 2024 – only five months after the state launched its adult-use market. The state’s adult-use operators sold 4 million-plus units of manufactured products and 32,487 pounds of plant material sold through Dec. 28, the Ohio Capital Journal reported, citing data from the Department of Commerce […]

Marijuana firm Canopy USA appoints Jorgensen as first president

Marijuana firm Canopy USA appoints Jorgensen as first president

Canopy USA, the American-based holding company of Canadian marijuana operator Canopy Growth Corp., has appointed M. Brooks Jorgensen as the fledgling entity’s first president. Jorgensen, a cannabis and alcohol beverage industry executive with more than 25 years of experience, will focus on driving profitable growth across the United States for Canopy USA, according to a […]

Marijuana MSO Vireo Growth raises $81M in oversubscribed funding round

Marijuana MSO Vireo Growth raises M in oversubscribed funding round

Cannabis multistate operator Vireo Growth raised $6 million more than it hoped for in a private placement offering that closed Dec. 30. The Minneapolis-based company initially planned a $75 million equity raise but instead raised about $81 million, according to a news release. Vireo plans to use net proceeds from the offering for business development […]

iAnthus acquires marijuana vape brand Cheetah for $1.5 million

iAnthus acquires marijuana vape brand Cheetah for .5 million

Marijuana multistate operator iAnthus Capital Holdings is buying Illinois vape brand Cheetah Enterprises in an all-stock deal valued at $1.5 million. The acquisition is key to iAnthus’ “ongoing strategy to elevate its portfolio” of marijuana brands and “drive long-term growth,” the company said in a news release. Cheetah, based in Chicago, offers premium live resin […]

Marijuana MSO Standard Wellness secures $10 million loan

Marijuana MSO Standard Wellness secures  million loan

Marijuana multistate operator Standard Wellness Holdings has secured a $10 million credit facility. The 10-year term loan, which amortizes over 20 years with a 9.25% interest rate, will support the Ohio-based company’s growth and operational expansion, according to a news release. The loan also allowed Standard Wellness to repay some higher-cost debt that carries a […]

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