Dozens of appeals are creating bottlenecks in the market as the state preps for another legalization battle.
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Category: Business
Delaware conducting background checks for its 125 recreational cannabis licenses
When the adult-use market will fully launch in the state remains unknown.
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Ohio hits $319 million in adult-use sales in first six months
The state reported more than 4 million transactions took place in that time frame.
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Cannabis tax experts doubt rescheduling will be finished this year – if ever
“It’s going to depend on this new administration’s policy goals.”
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City View Green weighs spinoff amid strategic review, debt deal
Cannabis edibles maker is weighing a pivot to tech after failing to generate revenue since 2021 licensing.
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Michigan companies enter receivership as part-owner faces mounting legal troubles
The receivership is a legal move by Needham Bank to protect itself amid a federal investigation into Pennsylvania-based private equity operator Daryl Heller.
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Chicago Atlantic BDC secures $100M credit line
With no current debt and a fresh $100 million credit line, the business development company arm plans aggressive expansion.
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Beyond Germany: Other international markets for cannabis opportunities
Companies like Aurora Cannabis, Tilray and Canopy Growth are jumping into overseas markets.
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Trump taps anti-cannabis hardliner for top DEA job
Trump’s choice for DEA administrator has publicly opposed marijuana legalization.
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Michigan governor’s road tax plan has cannabis industry on edge
The plan includes adding a wholesale tax to marijuana sales to generate $470 million.
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