Browsing: Business

A new federal lawsuit is rocking the US legal cannabis industry with allegations that California state regulators and their exclusive track-and-trace software partner, Metrc, knowingly enabled…

A class action lawsuit was filed Tuesday against Canopy Growth Corporation alleging the company “made materially false and misleading statements regarding Canopy’s business, operations, and prospects”…

Cannabis regulators in Michigan are proposing allowing the state’s cannabis businesses to collect and recycle used vape products, the Detroit Metro Times reports. Under the state…

The New York Office of Cannabis Management (OCM) is investigating several large cannabis brands for potential inversion of out-of-state cannabis products into New York’s regulated cannabis…

A Minnesota judge ruled on Friday that state officials must hold a cannabis equity pre-licensing lottery after the Office of Cannabis Management (OCM) abandoned the process…

The Federal Bureau of Investigation (FBI) last Friday denied a request by Delaware’s State Bureau of Identification and Department of Justice to conduct the federal background…

Dasheeda Dawson, the executive director of Cannabis NYC, announced last week on social media that she was departing the agency. Launched in 2022 under the New…

California-based cannabis company Gold Flora Corporation last week filed for a voluntary receivership, seeking court protection it says is necessary as “a result of obligations from…

The Missouri Department of Health and Senior Services (DHSS) last week transferred more than $23.3 million in funds from adult-use cannabis sales to agencies outlined in…

A Hazel Park, Michigan-based cannabis processor has had its license revoked and its owners barred from any future involvement in the state’s cannabis industry. The state…