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Sue Dehnam
Is Rescheduling Imminent?
WASHINGTON – Rumors of an imminent drug policy announcement swept through the industry Tuesday morning after the Associated Press reported the Drug Enforcement Administration...
MedMen Declares Bankruptcy
LOS ANGELES – Five years after its market valuation peaked at about $3 billion, MedMen Enterprises Inc. is bankrupt. The company filed insolvency proceedings...
Disbarred Lawyer Cons Investors Out of $18 Million
BEVERLY HILLS, Calif. – A disbarred lawyer with multiple previous fraud convictions admitted to bilking investors out of $18.4 million to fund a nonexistent hemp...
Delinquent Payments Topped $3.8 Billion in 2023
PORTLAND, Ore. – Cash-starved cannabis operators left more than $3.8 billion worth of bills unpaid in 2023, according to a report from economic research...
New Survey Indicates Strong Support Among Americans for Legalizing Home Cannabis Cultivation
NEW YORK – A recent national survey revealed a significant majority of Americans over the age of twenty-one support the legalization of cannabis cultivation at...
Hip-Hop Icon Xzibit Opens First Dispensary in Bel Air
LOS ANGELES – In a groundbreaking move for the Los Angeles cannabis scene, rap mogul, actor, and entrepreneur Xzibit has launched the first and...
Wholesale Flower Tops $2K per Pound in 3 States
NEW YORK – The average price for a pound of cannabis flower fell 8.1 percent nationally in 2023 to around $995, but cultivators in...
Youngkin Kills Adult-Use Cannabis Retail Bill in Virginia
RICHMOND, Va. – Virginia Gov. Glenn Youngkin vetoed a bill this week that would have established a framework for creating an adult-use retail marketplace...
New York Waives Cannabis Cultivator Licensing Fees
ALBANY, NY – The East Coast state that easily should dominate the region’s legal cannabis market has suffered through enormous regulatory roadblocks and a...
German Cannabis Legalization Fuels Surge in Weed Stocks
NEW YORK – Cannabis stocks soared Friday on the news Germany’s parliament legalized cannabis for personal possession and use.
Canopy Growth Corporation’s stock (NASDAQ: CGC)...















