Cannabis cafes could make more headlines this year with California moving to normalize consumption lounges and Massachusetts regulators setting up an entirely new program. California On Wednesday, California cafes officially became legal, opening up new opportunities for an industry that has often been required to keep consumption out of the public eye. The scene has […]
In a state once seen as America’s most promising medical marijuana market, Florida cannabis operators are now grappling with plummeting prices and slowing sales despite an aggressive push to open new dispensaries — and the scene is about to transform as regulators nearly double the number of licensed operators. Prices fell 30% in the fourth […]
Even though a measure to legalize adult-use cannabis in Florida failed, Planet 13 Holdings (CSE: PLTH) (OTCQX: PLNH) is pushing ahead with expansion plans states. And the competition is expected to heat up after state regulators continue to fill the licensing pool. The Florida Department of Health issued intent-to-approve letters to 22 new medical marijuana […]
Despite the failure of Amendment 3 in Florida, the company said it will continue expanding in the state. Nevada-based Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) this week reported a net loss of $7.4 million for the third quarter, down significantly from the $46.3 million loss during the same quarter a year ago. The […]
