Dec 16, 2024 · Massachusetts-based cannabis retailer and cultivator Revolutionary Clinics and its affiliated companies Revolutionary Growers and C D Services of America owe $9.6 million to various lenders and landlords. Last week, the main lender, OPCIV LLC, asked a judge to place the company in receivership.

Jan 7, 2025 · Pro-cannabis groups allege that the agency has shown an "unalterably closed mind" toward marijuana reform. Cannabis industry players are cranking up accusations that the Drug Enforcement Administration has engaged in improper behind-the-scenes communications and demonstrated deep-seated bias in its ...

Jan 7, 2025 · Full fourth-quarter details have not been released yet. New Jersey’s regulated cannabis market topped $1 billion in sales in 2024, driven by a growing network of retail stores and strong recreational demand, state regulators reported over the holiday break. The milestone, reached on Dec. 21 with ...

Jan 6, 2025 · The battle over legal hemp is continuing across the country as the conflict over intoxicating products heats up between legislators and hemp companies. Lawmakers are concerned that unregulated products are sold with mostly no age restrictions allowing minors to buy products with advertised THC levels.

Jan 2, 2025 · Despite legalization disappointments from 2024, the cannabis industry is far from standing still as the calendar changes over to 2025.. A significant factor is that use of the plant continues to expand. And a key driver of that is hemp products. But the battle between federally legal hemp products and state-legal marijuana products will likely come to a truce of sorts.

Jan 3, 2025 · This story was republished with permission from Crain’s Detroit.. Michigan’s cannabis industry faces a reckoning in 2025.. Oversupply and low, low prices are coming to a head in the industry, leaving a trail of shuttered cultivators and processors.

6 days ago · Green Market Report - Cultivating the Industry's Financial, Business and Economic News into one source. News Briefs, analytics, Portfolios, Videos, and Reports.

Dec 18, 2024 · There’s reason to be hopeful that federal marijuana rescheduling will be completed under the incoming Trump administration – possibly even passage of a new SAFE Banking bill and a new permissive federal policy on cannabis commerce from …

Aug 16, 2024 · The Colorado state government put the finishing touches on a new set of industry rules for entrepreneurs wishing to take part in the psychedelic trade of “magic” mushrooms, including for potential growers, product manufacturers and therapy centers.. The move is the culmination of nearly two years of work and waiting after voters approved Proposition 122, which legalized limited production ...

Nov 6, 2024 · Connecticut-based Curaleaf Holdings, Inc. (CURA: CA) (OTCQX: CURLF) on Wednesday posted a net loss of $44 million for the third quarter of 2024, bringing its total losses for the year to $144 million despite more than $1 billion in revenue as of Sept. 30. Curaleaf’s stock took a major hit on the day losing 29% of its value as investors who had hoped for good news in Florida threw in the ...