Kamala Harris Taps Pro-Cannabis Tim Walz as 2024 Running Mate
WASHINGTON – Vice President and presumptive Democratic presidential nominee Kamala Harris named Minnesota Governor Tim Walz as her vice-presidential pick for the 2024 election. The move carries significant implications for the cannabis industry. Walz,...
Missouri Recalls Products for Testing, Tracking Noncompliance
JEFFERSON CITY, Mo. – The Missouri Division of Cannabis Regulation (DCR) recalled about 6,000 cannabis products from two licensed producers due to failure to comply with the state’s mandated testing and track-and-trace requirements. On...
Ohio Kicks Off Adult-Use Sales
COLUMBUS, Ohio – Ohio became the twenty-first U.S. state to launch an adult-use cannabis market August 6, beating the legislative deadline by one month.
The state joined Alaska, Arizona, California, Colorado, Connecticut, Illinois, Maine, Maryland,...
Foundations for Dispensary Growth
Operating a cannabis retail business without digital tools is akin to navigating a complex maze blindfolded. In an industry characterized by stringent regulatory requirements, software platforms provide a firm foundation for profitability and scaling.
Software...
AWH Reports Q2 2024 Financial Results
NEW YORK - Ascend Wellness Holdings Inc., a vertically integrated multi-state cannabis operator focused on bettering lives through cannabis, reported its financial results for the three months ended June 30, 2024 (Q2 2024). Financial results...
Monarch, Desert Hot Springs Partner to Streamline Cannabis Compliance, Tax Collection
DESERT HOT SPRINGS, Calif. -- Monarch Technologies, a leading provider of cannabis banking, tax collection, and compliance solutions, partnered with the City of Desert Hot Springs to streamline the city's cannabis industry operations by...
High Tide Closes $15 Million in Subordinated Debt Facility
CALGARY, AB - High Tide Inc. closed a subordinated debt facility of $1,000 principal subordinate secured debentures of the Company for aggregate gross proceeds of $15 million at a price of $900 per Debenture, pursuant to subscription agreements...
Growlink Secures Strategic Investment from Casa Verde
DENVER - Growlink, a leading controlled environment agriculture (CEA) provider of advanced IoT controllers, sensors, and cultivation software, announced the closing of its $2 million seed financing round led by Casa Verde. Growlink's co-founders, Ted Tanner...
Ispire Moves into Nicotine Market with Global Manufacturing, Distribution Agreement
LOS ANGELES -- Ispire Technology Inc. subsidiary Aspire North America LLC signed an exclusive 30-year global licensing agreement with Hidden Hills Club, marking the US-based lifestyle brand's expansion into the global nicotine products market.
Under the agreement, Ispire will...
Trulieve Reports Second Quarter 2024 Results
TALLAHASSEE, Fla. -- Trulieve Cannabis Corp., a leading and top-performing cannabis company in the U.S., today announced its results for the quarter ended June 30, 2024. Results are reported in U.S. dollars and in accordance with...