Continue Reading... Oklahoma Medical Marijuana Authority launches new ‘managing owner’ requirement for license holders
Posted in Cannabis Buisness

Oklahoma Medical Marijuana Authority launches new ‘managing owner’ requirement for license holders

Oklahoma medical marijuana businesses must assign a ‘managing owner’ by September 5 following a shift to the new MedPortal system,…

Continue Reading... Trump weighs reclassifying marijuana as less dangerous drug, WSJ reports
Posted in Marijuana Investments

Trump weighs reclassifying marijuana as less dangerous drug, WSJ reports

U.S. President Donald Trump is considering reclassifying marijuana as a less dangerous drug, the Wall Street Journal reported on Friday,…

Continue Reading... Sheriff charged with extorting $50,000 from marijuana business in Boston
Posted in Cannabis Buisness

Sheriff charged with extorting $50,000 from marijuana business in Boston

Suffolk County Sheriff Steven Tompkins was arrested on federal extortion charges after allegedly pressuring a cannabis company executive into a…

Continue Reading... Denver cannabis lounge accused of violating law, could lose its license
Posted in Cannabis Buisness

Denver cannabis lounge accused of violating law, could lose its license

A Denver cannabis lounge is at risk of losing its license following allegations from city officials that the business violated…

Continue Reading... FBI Arrests Boston Sheriff Accused of Extorting $50,000 From Cannabis Business
Posted in Cannabis Buisness

FBI Arrests Boston Sheriff Accused of Extorting $50,000 From Cannabis Business

The United States attorney for Massachusetts calls the sheriff’s alleged actions an ‘affront to the voters and taxpayers who elected…

Continue Reading... Adult-Use Cannabis Boom Powers Canopy Growth Sales, But Wider Loss Hits Margins
Posted in Cannabis Stocks

Adult-Use Cannabis Boom Powers Canopy Growth Sales, But Wider Loss Hits Margins

Canopy Growth Corporation (NASDAQ:CGC) reported its first-quarter 2026 financial results on Friday, announcing a wider-than-expected loss despite surpassing revenue forecasts….

Continue Reading... Suffolk County sheriff arrested by FBI, charged with extortion related to a Boston cannabis business
Posted in Cannabis Buisness

Suffolk County sheriff arrested by FBI, charged with extortion related to a Boston cannabis business

Prosecutors allege Tompkins, who’s served as Suffolk County sheriff since 2013, used his official position to threaten a cannabis executive…

Continue Reading... Can Cannabis Stocks Reverse Their Prolonged Downtrend?
Posted in Marijuana Investments

Can Cannabis Stocks Reverse Their Prolonged Downtrend?

Cannabis stocks like TLRY and GTBIF remain deep in years-long slump, but U.S. federal reform or global expansion could ignite…

Continue Reading... Canopy Growth posts Q1 beat thanks to strong cannabis sales
Posted in Cannabis Buisness

Canopy Growth posts Q1 beat thanks to strong cannabis sales

Canopy Growth (NASDAQ:CGC) traded higher in the premarket on Friday after the Canadian marijuana player reported better-than-expected Q1 financials for…

Continue Reading... Cannabis consumption lounge set to open in Macomb County
Posted in Cannabis Buisness

Cannabis consumption lounge set to open in Macomb County

The owner says Burn1 lounge will contain curated music, cozy seating and an open-air patio to live art and community…