Failed Cresco-Columbia Care Merger Ices Combs’ Cannabis Deal
A month after Cresco Labs and Columbia Care failed to close their proposed merger before the June 30 deadline, the two cannabis giants officially terminated the... Read more.
Aleafia Is the Latest Canadian Cannabis Co. to Seek Debt Protection
Aleafia Health became the eighth cannabis-related company in Canada to receive debt protection under the Companies’ Creditor Arrangement Act after the medical... Read more.
Greenrose Shareholders Ask Delaware Court to Block Foreclosures in AZ, CT
Greenrose Holding Co. started 2022 with new footing in Arizona’s and Connecticut’s legal cannabis markets, but a lack of cash flow has now left the cultivation... Read more.
“Burner Distros” at the Center of Catalyst-Glass House Brands Legal Fight
Dueling litigation between two California cannabis operators is bringing attention to so-called “burner distributors” that are allegedly helping cultivators... Read more.
More States Try Taking Cannabis Testing to a Higher Standard
Several states with legal adult-use cannabis are pushing for greater transparency in lab testing as a means to combat lab shopping, just as the nation’s first... Read more.
PR Credit Co-op Sues Dispensary Operator Over Suspicious Electronic Transactions
Puerto Rico’s largest provider of banking services to the island’s medical cannabis industry is looking for a federal court that would allow it to drop cannabis... Read more.
Trulieve to Abandon MA Amid Labor and Safety Scrutiny
Multi-state cannabis powerhouse Trulieve is leaving Massachusetts after months of scrutiny over labor practices, including the death of cultivation worker Lorna... Read more.
NY Regulators Try To Grease The Wheels On The Sputtering Start To AU Sales
New York’s Cannabis Control Board scheduled a surprise meeting for the first Tuesday after Memorial Day during which it approved changes to the state’s social... Read more.
2,700 Applicants Still Waiting for Illinois Dispensary Lottery
Nearly 2,700 aspiring cannabis retailers in Illinois who submitted applications are still waiting for a lottery that the state said would come before the end of... Read more.
Cannabis Seed-to-Sale is Becoming a Duopoly
The cannabis industry’s track and trace market is consolidating into a two-party system with almost every state that allows medical or adult-use cannabis signing... Read more.
