Today’s cannabis brands are looking for meaningful ways to engage with a generally younger, more tech-savvy, and more sustainability-conscious demographic. This audience evolution goes hand in hand with the continued destigmatization of the plant. With less public backlash against legal marketing and advertising efforts, operators are enjoying a bit more freedom in avenues they can use to reach cannabis...

Selecting the right lighting for cannabis cultivation is a critical decision that can significantly influence the quality, yield, and profitability of an indoor grow operation. Whether managing a large-scale commercial facility or a small home setup, the type of grow lights selected will directly impact not only the plants’ growth but also the sustainability and cost-effectiveness of the entire...

For the past three to four years, the cannabis industry has experienced an unprecedented and steadily declining access to capital, resulting in slower-than-expected growth in new markets and a significant number of companies closing. The prevailing theory, time-tested and applicable to most any other industry, is the only way to survive in a competitive, capital-starved market is to become...

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, known for his progressive stance on cannabis reform, has been a vocal advocate for legalization and regulation, which could signal a federal push for reform...

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 August 6, the state recalled more than 2,600 Twenty Twenty flower, ground flower, and pre-roll products. Two days later, the state recalled more than 3,000...

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, Massachusetts, Michigan, Missouri, Montana, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington in the legal-recreational-sales club. Adult-use programs in Delaware,...

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 enhances operational efficiency. Inventory management systems prevent overstocking or shortages, while point-of-sale systems streamline transactions and provide real-time sales data, allowing businesses to make informed...

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 are reported in accordance with U.S. generally accepted accounting principles (GAAP) and all currency is in U.S. dollars. Q2 2024 Financial Highlights Gross revenue increased 14.3% year-over-year...

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 enhancing regulatory compliance and optimizing tax revenue collection. The City of Desert Hot Springs, known for its innovative approach to the cannabis sector, currently oversees 47...

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 with arm's length institutional credit providers. The Debentures will mature on July 31, 2029, and bear interest at a fixed rate of 12% per annum on...