Industry & Business
Corporate developments, investments, acquisitions, and global cannabis business insights
Three months into a major marijuana tax hike in California, a new law putting a pause on the increase has officially taken effect. Gov. Gavin Newsom (D) signed the tax relief legislation from Assemblymember Matt Haney (D) late last month. Now, as of Wednesday, consumers will not be paying the increased excise tax—at least until…
California Marijuana Tax Cut Officially Takes Effect, With Planned Increase Read More »
Federal officials are calling marijuana a “deadly” drug—touting their efforts to seize it and other illegal substances—while also warning that possessing cannabis, even for medical use, carries “serious consequences.” As President Donald Trump considers a cannabis rescheduling proposal—and after he posted a video on the health benefits of CBD—the Department of Homeland Security (DHS) and…
Feds Call Marijuana A ‘Deadly’ Drug And Say Even Medical Read More »
We reached out to Northern California cultivators as they prepped for one of their busiest months of the year in October and the massive 2025 fall harvest. As October begins, farmers are already deep in the home stretch. They’ve been checking resin quality, monitoring the weather, watching for pests, and hoping none of those factors…
Croptober 2025: California Farmers Prep for the Biggest Harvest of Read More »
The head of the Texas Department of Agriculture (TDA) is pushing back against a GOP senator’s “incorrect assertions” about the state’s regulatory compliance with federal hemp laws. But he’s also signaling that changes may be coming to measure “total THC” to determine the legality of hemp products in a way that some stakeholders worry could…
Texas Agriculture Commissioner Pushes Back On GOP Senator’s Hemp Law Read More »
Oregon officials are asking a federal appeals court to reverse a judge’s ruling that struck down a voter-approved law to require licensed marijuana businesses to enter into labor peace agreements with workers and mandate that employers remain neutral in discussions around unionization. In a filing with the U.S. Court of Appeals for the Ninth Circuit…
Oregon Officials Ask Federal Court To Reverse Ruling That Blocked Read More »
“The next few weeks,” in President Donald Trump’s words, is starting to look more like a few months, or longer, as a cannabis rescheduling decision remains strapped in the backseat of a now broken-down federal government.It’s been more than seven weeks since Trump told reporters on Aug. 11 that his administration would “make a determination”…
Will Government Shutdown Keep Cannabis Reform on the Backburner? Read More »
Massachusetts lawmakers have approved a bill to establish a pilot program for the regulated therapeutic use of psychedelics. And two committees have separately held hearings to discuss additional psilocybin-related measures. Less than two weeks after advancing out of the legislature’s Joint Committee on Mental Health, Substance Use and Recovery Hearing, the pilot program legislation from…
Massachusetts Lawmakers Advance Psychedelics Pilot Program Bill As Committees Weigh Read More »
[PRESS RELEASE] – CHICAGO, Oct. 1, 2025 – Verano Holdings Corp., a leading multistate cannabis company, announced the closing of a credit agreement agented by Chicago Atlantic Admin LLC, with participation from a regional bank, to provide the company a revolving credit facility (the “revolver”) of US$75 million. Upon closing the revolver, the company drew…
Verano Secures $75 Million Revolving Credit Facility Read More »
[PRESS RELEASE] – BONITA SPRINGS, Fla., Oct. 1, 2025 – Green Check, the trusted infrastructure powering compliant commerce in the legal cannabis industry, announced the launch of The Forum, a platform designed to drive education and valuable connections between vetted high-risk businesses and leading financial and business service providers.The Forum currently serves as a dynamic ecosystem where…
Green Check Launches The Forum, a New Platform Extension for Read More »
Hundreds of advocates have rallied in Lansing in recent days in opposition to a proposed 24 percent tax hike on adult-use marijuana products. Last week, members of Michigan NORML, MPP, and other advocacy organizations met with state lawmakers to voice their opposition to the tax increase, which House lawmakers approved as part of a broader…
Michigan: Advocates Push Back Against Proposed Marijuana Tax Hike Michigan: Read More »
