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Gov. Hochul Puts New York’s Cannabis Licensing under Review

ALBANY, NY – In her latest move to address the sluggish pace of cannabis licensing in New York, Governor Kathy Hochul initiated a comprehensive...

Stocks Slide As Fears about DEA Dissent Boil Over

NEW YORK – An exchange-traded fund (ETF) that tracks some of the largest multistate operators (MSOs) fell nearly 17 percent during the first two...
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Cannabis Took Center Stage at Biden’s State of the Union Address

WASHINGTON – For the first time in 234 years, the American president's State of the Union Address (SOTU) praised cannabis reform efforts, reminding Americans...
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Glass House Brands Faces New Legal Troubles Over Labor Violations

LOS ANGELES – The California cultivator accused of fueling the illicit market in an ongoing legal battle is now facing a potential class-action lawsuit...
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86% of Employers Plan to Hire More in 2024, but Benefits, DEI Declining

DENVER – Following two years of radical corporate downsizing as consumers returned to pre-COVID spending levels and investment dollars evaporated, the cannabis industry is...
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Cannabis Caucus Co-Chair Will Not Support Federal Rescheduling

SACRAMENTO – Rep. Barbara Lee (D) is digging in on her all-or-nothing stance on federal cannabis reform, saying she believes the potential move to...
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Idaho Bucks International Trend, Increases Criminal Penalties

BOISE, ID. – In 2022, Idaho arrested an estimated 4,992 individuals for cannabis possession, marking the third consecutive annual increase. This year, if state...
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Planet 13 Sues Snoop Dogg’s Casa Verde Capital for $16.5M+

LOS ANGELES – Planet 13, the Las Vegas-based multistate operator known for its wildly creative dispensary designs and marketing spectacles, is suing Snoop Dogg’s...
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More States Seek Bans on Synthesized Cannabinoids

PIERRE, S.D. – South Dakota lawmakers are joining a growing chorus of state governments and federal agencies taking action against unregulated cannabinoids synthesized from...
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MedMen Crisis Deepens: Leadership Shakeup as Stock Crashes to Zero

LOS ANGELES – MedMen Enterprises Inc., once considered a cannabis unicorn, may be facing the legendary creature’s fate after a dramatic plunge in valuation...

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