The House Bill wants intoxicating hemp product sales limited to licensed dispensaries.
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Category: Business
Ayr Wellness cuts Illinois loose, doubles down on on Florida
The cannabis retailer is abandoning the “bigger is better” strategy of industry old as headwinds and federal inaction persists.
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California doles out another $18 million in cannabis social equity funding to cities, counties
Thus far, the state funding has helped localities issue 1,446 social equity marijuana business permits.
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Jushi Holdings posts mixed 2024 results, launches aggressive dispensary expansion plan
The cannabis operator plans a 40% increase in its retail presence by mid-2026.
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TerrAscend reports shrinking annual loss, despite revenue dip in 2024
The performance is a slight improvement from 2023, when TerrAscend lost $82.3 million.
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California’s fourth-quarter cannabis sales hit lowest point since 2020
Sales in the largest regulated cannabis market have been trending downward since 2021.
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MindMed posts strong cash position, progress on LSD treatment
The company has begun testing its LSD-based anxiety treatment in late-stage trials as it builds toward potential FDA approval.
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Turning Point revenues rise as Zig-Zag dominates top line sales
Turning Point Brands is expecting fast growth for its nicotine pouch products.
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AYR Wellness takes $94M hit on Florida as losses widen to $362M
AYR went deeper into the red while leadership restructures and hunts for a permanent CEO.
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Curaleaf pins US growth hopes on premium flower, hemp beverages
The cannabis giant is looking to fill product gaps and explore new markets to offset softening prices.
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