The company has a solid cash position and plans to use the money to develop its current products.
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Category: Business
Cannabis companies worry about Chinese tariffs
Vape hardware and some packaging items are most susceptible to the threatened tariffs.
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DOJ moves to throw out FOIA suit over DEA cannabis communications
The DOJ claims Zorn lacks standing to seek records of alleged backroom dealings between DEA officials and anti-legalization folks.
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TerrAscend’s earnings peek shows big drop in revenue
While earnings look to have risen sequentially, the company could be on track for a big earnings drop in 2024.
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Corrective action: How cannabis companies can navigate increased OSHA attention
“OSHA’s getting more and more involved because when people die, it’s a big deal.”
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MSOs brush off intoxicating hemp stigma
Most of the largest MSOs now offer intoxicating hemp products.
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Oregon cannabis market hits new bottom as supply swamps demand
The average price for a gram of weed in Oregon runs for less than $4 now.
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Massachusetts cannabis regulators flag contaminated products at dozens of dispensaries
Testing showed elevated mold levels in marijuana flower, pre-rolls sold across state since May 2024.
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Ayr Wellness continues to see upheaval in its executive team
The company continues to operate with an interim CEO and just recently moved the COO to the role of president.
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Safe Harbor runs aground with debt payments
Despite being an ancillary company, Safe Harbor couldn’t escape the headwinds facing its cannabis customers.
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