Browsing: Business

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…

The Minnesota Office of Cannabis Management this week submitted its final draft of the state’s adult-use cannabis industry regulations for approval. If the rules are approved by…

Cannabis sales in Ohio have surpassed $2.5 billion, driven by adult-use sales in the state, according to Division of Cannabis Control (DCC) data outlined by WCMH.…

Virginia Gov. Glenn Youngkin (R) on Monday vetoed legislation to establish regulations to implement an adult-use cannabis industry in the state. In his veto message, Youngkin…