Michigan Grower Shut Down for Untracked Plants
Following a raid from state police, Michigan’s Cannabis Regulatory Authority revoked an adult-use cultivator’s four licenses owned by HongRui Enterprises Inc.,... Read more.
Former Verano Exec Charged With Insider Trading
A former Verano (VRNOF) executive is facing insider trading charges in regards to his alleged actions while still employed by the cannabis multi-state operator during... Read more.
2024 Cannabis Market Review
Despite stalled rescheduling efforts at the federal level, 2024 was a good year for cannabis markets in a handful of states. Several states launched new markets... Read more.
SEC Fines Financial Services Firm $18M
The Securities and Exchange Commission announced an $18 million settlement with broker-dealer and investment adviser, LPL Financial LLC, to resolve charges alleging... Read more.
Court Orders NY Authorities to Lay Off Licensed Hemp Shops
New York’s Supreme Court of Albany agreed with hemp shop owners who sued the state and city, claiming that they were subjected to illegal searches and seizures... Read more.
RI Proposes Adult-Use Licensing Regulations
Rhode Island’s Cannabis Control Commission released the draft version of the state’s inaugural adult-use regulations, paving the way for 24 new retail dispensaries.... Read more.
New York Hits $1B in Sales
New York’s adult-use cannabis market is slowly becoming more competitive with more-established state markets in terms of sales, despite a delayed roll-out with... Read more.
Florida’s Medical License Winners in Limbo
Denied medical operator applicants in Florida are pushing back as the state continues to drag out the official awarding of 22 long-awaited cannabis business licenses.... Read more.
KY and DE Make Final Retail Lottery Selections
Twenty months after passing legalization bills, Delaware and Kentucky completed the inaugural round of cannabis retail licensing in their respective markets last... Read more.
New York Considers Licensing Limits
A New York judge has once again ordered the Cannabis Control Board (CCB) to stop issuing retail licenses after the state agency lifted requirements that certain... Read more.
