However, growth slowed as business failures accelerate amid continued federal policy gridlock.
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Category: Business
Enveric’s stock split leads to quick $5M raise but shares slide
The one-two punch sent newly consolidated shares tumbling despite progress on its non-hallucinogenic depression treatment.
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Chicago’s Mayor pitches new hemp business license to a skeptical City Council
Mayor Johnson and his allies want to preserve a potential new tax revenue stream, while seeking to impose stiffer standards on the industry.
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Smaller players make big gains in Florida’s cannabis market
Florida’s regulatory framework has created scale unseen in other state markets.
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Good Shroom Co. to rebrand as Mercanto Holdings
The company also announced the launch of a new stock option plan.
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Colorado awards half a million dollars in grants to 17 social equity cannabis businesses
The money comes from the state Cannabis Business Grant.
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Bright Green goes bankrupt under Chapter 11
The company plans to reorganize and relaunch under a new name.
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IIPR reaches deal with PharmaCann to resolve lease default
Under the agreement, the multistate operator will shed cultivation sites in Michigan and Massachusetts.
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Body and Mind sells Illinois properties to Dutchess Cannabis
Dutchess is paying $5 million in cash for the two properties.
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C21 posts sales growth in third quarter, boosted by new store
The company’s addition of a new Reno dispensary helped drive growth, even as statewide cannabis sales declined.
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