Continue Reading... Cannabis industry says it still faces major challenges, such as access to banks
Posted in Cannabis Buisness

Cannabis industry says it still faces major challenges, such as access to banks

Nearly a decade after Californians voted to legalize recreational cannabis, state leaders and industry representatives say legal businesses are still…

Continue Reading... La Mesa, city with lowest cannabis tax in county, votes to raise levy to 5%
Posted in Cannabis Buisness

La Mesa, city with lowest cannabis tax in county, votes to raise levy to 5%

A councilmember estimates that raising La Mesa’s cannabis tax would bring in over $750,000. Current cannabis taxes bring in a…

Continue Reading... Cannabis cafes may become tourist draw in US city as lung experts cite ‘toxic chemical’ concerns
Posted in Cannabis Buisness

Cannabis cafes may become tourist draw in US city as lung experts cite ‘toxic chemical’ concerns

San Francisco’s Board of Supervisors voted to allow Amsterdam-style cannabis cafés serving food and nonalcoholic drinks at licensed retailers. Health…

Continue Reading... Haven co-owner says cannabis dispensary should be open in two months
Posted in Cannabis Buisness

Haven co-owner says cannabis dispensary should be open in two months

Cannabis retailer Haven is only weeks away from opening nearly two years after it was chosen by the Southwick Select…

Continue Reading... This marijuana disaster could rival Big Tobacco
Posted in Cannabis Buisness

This marijuana disaster could rival Big Tobacco

On July 15, the Drug Enforcement Administration wrapped up an 11-day hearing on whether marijuana should be rescheduled, or reclassified,…

Continue Reading... Cannabis MSO Vireo Growth to acquire Planet 13 in all-stock deal
Posted in Cannabis Stocks

Cannabis MSO Vireo Growth to acquire Planet 13 in all-stock deal

Vireo adds 36 dispensaries across three states to its portfolio, including Planet 13’s flagship Las Vegas store and a consumption…

Continue Reading... Major cannabis company closes 2 facilities, cuts 211 jobs
Posted in Cannabis Buisness

Major cannabis company closes 2 facilities, cuts 211 jobs

Owner of major medical marijuana chain is permanently closing two production facilities in one of its largest markets.

Continue Reading... SNDL Q2 Earnings Call Highlights
Posted in Cannabis Stocks

SNDL Q2 Earnings Call Highlights

SNDL (NASDAQ:SNDL) reported lower second-quarter revenue and gross profit as demand weakness across liquor and cannabis markets, cannabis-production ramp-up costs…

Continue Reading... Major cannabis company Parallel closes 2 facilities, cuts 211 jobs
Posted in Cannabis Buisness

Major cannabis company Parallel closes 2 facilities, cuts 211 jobs

The owner of a major medical marijuana chain in Florida, one of its largest markets, is permanently closing two production…

Continue Reading... Riverside’s first 2 marijuana dispensaries are open
Posted in Cannabis Buisness

Riverside’s first 2 marijuana dispensaries are open

Riverside’s first 2 marijuana dispensaries are open …