Southern California marijuana businesses facing direct and residual effects of the latest round of wildfires will yet again have to deal with the challenges that come with limited insurance coverage, smoke damage and evacuations that will likely compound the sector’s existing financial pressures. According to local outlets, the Pacific Palisades fire, along with the Eaton, […]
Despite the widely publicized demise of MedMen Enterprises last year, the recognizable name brand is still in use by three shops in the Los Angeles area. The stores were formerly owned by the multistate operator but two are now apparently controlled by the Canadian firm Captor Capital Group (CSE: CPTR) (FRANKFURT: NMVA) (STUTTGART: NMVA), while […]
Kentucky‘s legal medical marijuana program is set to launch this year, but the hottest commodity in the program so far are the licenses, which are being flipped by many of the lottery winners. Senate Bill 47 officially went into effect on Jan. 1 when the Patient and Caregiver Registry Portal opened for applications. In preparation […]
The rise of intoxicating hemp products has undeniably become an major trend across the U.S. cannabis industry over the past few years, with an increasing number of marijuana companies either pivoting completely to hemp or at least adding hemp goods to their product offerings. It’s also a trend that Wana Brands CEO Joe Hodas doesn’t […]
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 […]
This story was reprinted with permission from Crain’s Detroit. Legislation for Michigan’s long-awaited marijuana reference testing lab fell victim to the chaotic and relatively unproductive lame-duck session in Lansing. House Bill 5529, which passed unanimously out of committee early last year, didn’t make it to a full vote in the House during the final sessions in December, […]
Despite legalization disappointments from 2024, the cannabis industry is far from standing still as the calendar changes over to 2025. A significant factor is that use of the plant continues to expand. And a key driver of that is hemp products. But the battle between federally legal hemp products and state-legal marijuana products will likely […]
The end of the year is near. But what a year 2024 was. First, the trend that wasn’t. The industry entered the year with high hopes that the plant would be moved from Schedule I to Schedule III, which could open more opportunities for investment and growth. But as the months rolled pass, action faced […]
Every year in cannabis is a wild one – and 2024 was no exception. From lawsuits to legalization. Green Market Report’s coverage of the industry spanned a wide range of topics. As we prepare to head into a new year, we’re taking a moment to highlight the stories that piqued your interest over the past […]
As 2024 winds to a close, the year may well be remembered as one in which the U.S. marijuana industry got a serious wakeup call, with several big-name companies flaming out in spectacular fashion, while plenty of smaller operators also quietly closed up shop. Even as more state marijuana markets continued their new rollouts – […]
