Extra: “Debanking” And The Future Of The Cannabis Industry

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March 2, 2025

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9 quick hits of cannabis news from across Michigan
by @gandernewsroom on March 3, 2025
Michigan’s cannabis industry is always evolving, with new headlines rolling in faster than a fresh joint at a smoke session.
New cannabis dispensary opens in the Northland
by Marisa Ornat on March 1, 2025
While the state Legislature legalized recreational marijuana in 2023, most of Minnesota must wait for state regulations to be established later this year for retail sales.
Queens weed shops spark outrage in Nassau County
by Jodi Goldberg on February 28, 2025
Legal cannabis dispensaries in Queens are stirring controversy with officials in neighboring Hempstead and North Hempstead, where recreational marijuana sales are banned.
North Hempstead officials want marijuana buffer zone as dispensaries open in Queens
by Jennifer McLogan on February 28, 2025
How many Massachusetts licenses were distributed for marijuana dispensaries?
by Ashley Shook on February 28, 2025
The Massachusetts Cannabis Control Commission released its industry report highlighting licensed marijuana establishments operating across the Commonwealth.
Best Online Dispensaries: Top 9 Places to Buy Legal Weed
by Oregon Observer on February 28, 2025
Cannabis has never been more popular, yet the federal government stubbornly refuses to legalize this versatile plant. Despite this roadblock, consumers have found new avenues to legally purchase cannabis products
Marijuana dispensary now open in Niles
by Lorie Barber on February 28, 2025
This is the fourth dispensary in Ohio for AYR Cannabis.
Report: Nearly 15,000 Marijuana Dispensaries Now Operating in the U.S., Cannabis Industry Supports 440,000 Full-Time Jobs
by Anthony Martinelli on February 28, 2025
The Marijuana Herald - Marijuana news and information A newly released report from Flowhub highlights the rapid growth of marijuana dispensaries and retai
DC cracks down on 'gifting' weed shops in massive sweep
by Christopher Harris on February 27, 2025
For years, unlicensed cannabis shops in D.C. operated under the guise of "gifting" marijuana, but in the past six months, officials have shut down 25 for illegal sales and safety violations.
Traffic woes and safety fears mount as 8th pot shop opens in Menominee: 'It is concerning'
by Barbara Bellinger, WLUC-TV & FOX 11 News staff on February 27, 2025
Per Wisconsin law, you'll find no marijuana dispensaries in Marinette. North of the Menominee River, however, the cannabis market is heating up.
Hot topics: Rental regulations, marijuana dispensaries discussed at Lisbon council meeting
by Huston Bobbie on February 27, 2025
LISBON — Residents packed Tuesday’s Lisbon Council meeting to discuss two hot-button agenda items — proposed rental regulations and the possibility of a cannabis dispensary in the village’s future. The dispensary discussion was moot, according to Mayor Pete Wilson. Wilson explained the size of the village at just 1.4 square miles and state regulations that
$8M later, this state has yet to open single cannabis dispensary
by Cara Wietstock on February 26, 2025
Those rooting for Alabama medical cannabis licensing have seen millions in taxpayer dollars go towards failed attempts and litigation.
Bill would cap the number of marijuana dispensaries across the state
by John Hooks on February 26, 2025
State lawmakers last week advanced a bill that would cap the number of marijuana dispensaries in Montana.
Monroe County set to receive more than $1 million in cannabis revenue
by Suzanne Nolan Wisler on February 26, 2025
See how much in cannabis revenue sharing Monroe Township, Luna Pier and Petersburg will receive from fiscal year 2024.
How New York’s Plan for Reparations Became a Debt Trap for Marijuana Retailers
by Ashley Southall on February 26, 2025
New York persisted with a plan to build flagship dispensaries for people the state once prosecuted for weed offenses, even as it failed to meet its goals.
Medical marijuana dispensary allowed to open next to children’s day care, with Florida law overriding more restrictive Miami-Dade code - WSVN 7News | Miami News, Weather, Sports
by Kevin Boulandier on February 26, 2025
A medical marijuana dispensary — opening right next door to a day care. Parents are concerned — but the dispensary’s CEO says they have aRead More
Woody Harrelson Wishes He Could Invite Bob Marley To His Marijuana Dispensary—But Fears The Reggae Legend Would Out-Smoke Him
by Kyle Jaeger on February 25, 2025
If actor Woody Harrelson could choose anyone living or dead to patronize his Los Angeles marijuana dispensary’s “Ganja Giggle Garden,” he says he’d pick a classic cannabis icon: Bob Marley. But he conceded that he doesn’t think he could go “toke-for-toke” with the late reggae star. During an appearance on The Late Show With Stephen
A potential legal battle looms over New Jersey’s new proposed weed laws
by Henry Savage on February 25, 2025
A proposed law in New Jersey could allow medical dispensaries to sell recreational weed. A local town threatens to sue if it happens.
Lenawee County set to receive more than $1 million in adult-use marijuana funds
by Brad Heineman on February 25, 2025
Lenawee County and its communities that house adult-use marijuana establishments will be the recipient of revenue sharing dollars from the Marihuana Regulation Fund.
Is weed legal in Florida? Here are the laws to harsh your buzz for spring break 2025
by C. A. Bridges on February 24, 2025
Don't fire it up. If you;re coming to Florida for spring break, be aware of the marijuana laws here. They're not friendly..

Curaleaf losses reach $1 billion over five years, with $216 million lost in 2024
by John Schroyer on March 3, 2025 at 10:22 pm
Revenue for the multistate operator fell slightly in 2024. The post Curaleaf losses reach $1 billion over five years, with $216 million lost in 2024 appeared first on Green Market Report.
As California Cannabis Rush Dries Up, Operators Look East
on March 3, 2025 at 4:47 pm
The Artist Tree, with nine dispensaries and two lounges, is searching for new opportunities, but there are fewer and fewer places for new stores in California.
MediPharm to sell British Columbia facility for C$4.5 million to fund expansion
by John Schroyer on March 3, 2025 at 4:22 pm
The facility was shuttered last year as part of MediPharm's operations consolidation. The post MediPharm to sell British Columbia facility for C$4.5 million to fund expansion appeared first on Green Market Report.
Glass House signs new debt deal for $50 million
by Debra Borchardt on March 3, 2025 at 2:38 pm
The company's new loan matures in 2030 with a $40 million balloon payment. The post Glass House signs new debt deal for $50 million appeared first on Green Market Report.
Avant posts record 2024 on global growth, exports rise fourfold
by Adam Jackson on March 3, 2025 at 2:10 pm
The Canadian company saw export sales more than quadruple over the year as international markets drive revenue gains. The post Avant posts record 2024 on global growth, exports rise fourfold appeared first on Green Market Report.
Rubicon Organics to Buy MediPharm Labs Cultivation Facility for $4.5 Million
on March 3, 2025 at 1:51 pm
The 47,500-square-foot indoor Hope Facility in British Columbia is equipped with advanced cultivation technology.
Revive Therapeutics buys DiagnaMed’s molecular hydrogen intellectual property
by Debra Borchardt on March 3, 2025 at 1:49 pm
The research has been focusing on the incurable disease known as ALS. The post Revive Therapeutics buys DiagnaMed’s molecular hydrogen intellectual property appeared first on Green Market Report.
Green Thumb Opens 12th RISE Dispensary in Nevada
on March 3, 2025 at 1:33 pm
The cannabis company’s new retail location in Henderson is also its 102nd store nationwide.
Planet 13 Recovers Additional $2.1 Million of Funds, $5 Million in Real Estate
on March 3, 2025 at 1:16 pm
The company’s settlement and recovery are related to El Capitan, an investment adviser that Planet 13 is suing.
Airflow Mapping: What Is It?
on March 3, 2025 at 12:17 pm
A Cannabis Business Times reader asks industry expert Kenneth Morrow about how airflow mapping can be used to optimize a cannabis crop’s health.
INNEXO Cracks the Code: Identifying Cannabis Seed Phenotypes Before They Grow
on March 3, 2025 at 7:55 am
Non-destructive sorting of seeds based on phenotypical traits is becoming a reality.
Shift to Malaysia proves increasingly valuable for Ispire
by Adam Jackson on March 3, 2025 at 5:00 am
The vape hardware maker said the move created a 45% cost advantage over competitors still producing in China. The post Shift to Malaysia proves increasingly valuable for Ispire appeared first on Green Market Report.
Canopy Growth to issue $200 million in new stock shares
by John Schroyer on February 28, 2025 at 11:25 pm
Proceeds will pay for internal investments, acquisitions and "general corporate purposes." The post Canopy Growth to issue $200 million in new stock shares appeared first on Green Market Report.
PharmaCielo aims for profitability by late 2025 despite going concern
by Adam Jackson on February 28, 2025 at 5:29 pm
The producer still tripled its quarterly revenue while narrowing losses as appetite for global markets grows. The post PharmaCielo aims for profitability by late 2025 despite going concern appeared first on Green Market Report.
Simply Solventless continues acquisition spree, closes purchase of Delta 9 Bio-Tech
by John Schroyer on February 28, 2025 at 4:56 pm
The new subsidiary was immediately rebranded as Humble Grow Co. The post Simply Solventless continues acquisition spree, closes purchase of Delta 9 Bio-Tech appeared first on Green Market Report.
Village Farms International Expands Medical Cannabis Distribution to New Zealand
on February 28, 2025 at 1:53 pm
The Canadian company expanded its exports overseas with its top-selling Pink Kush cultivar.
MTL Cannabis heads back into the red for now
by Adam Jackson on February 28, 2025 at 1:47 pm
The Canadian producer improved its cash position while higher expenses ate into its profitability. The post MTL Cannabis heads back into the red for now appeared first on Green Market Report.
Trulieve Announces Appointment of Co-Founder Jason Pernell as President
on February 27, 2025 at 5:48 pm
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Trulieve Reports $1.2 Billion in 2024 Revenue
on February 27, 2025 at 1:43 pm
The cannabis company also reported a record cash flow from operations of $271 million and a free cash flow of $150 million for the year.
Verano Reports $879 Million in 2024 Revenue
on February 27, 2025 at 1:22 pm
The cannabis company also reported a gross profit of $444 million but a net loss of $342 million for the year.
Increases in Number of States That Have Legalized Marijuana Obscures Fact That Cannabis Remains Federally Illegal in 2025
on February 27, 2025 at 9:11 am
Even those who use medical marijuana in jurisdictions that have legalized medical marijuana are at risk of federal prosecution.
Trulieve Launches Farm Bill-Compliant Onward: A Premium THC Beverage
on February 26, 2025 at 5:00 pm
The cannabis company’s new offering is available online and will soon be sold in select Total Wine locations in Florida.
Ascend Wellness Reopens Dispensary in Detroit With ‘Deli-Style’ Experience
on February 26, 2025 at 4:46 pm
The company will host a grand reopening on Feb. 28 for its retail facility in Michigan—its 38th location in the nation.
Story Cannabis Co. Opens 4th Ohio Dispensary in Cleveland
on February 26, 2025 at 4:31 pm
The new retail facility in Cuyahoga County features all of the company’s amenities for adult-use customers and medical patients.
12 States That Could Legalize Cannabis in 2025
on February 26, 2025 at 2:49 pm
Cannabis Business Times is reading the nation’s legalization palm once again to predict which states will enact cannabis reform this year.

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NJ-CRC Releases New Cannabis Testing Rules to Increase Quality
by Dan Ulloa on March 3, 2025
The NJ-CRC recently released the full updated cannabis lab testing rules they announced at their last meeting.
Despite significant support from voters lawmakers move to limit Nebraskans access to medical cannabis
by Alex Whitney on March 3, 2025
Despite significant support from voters lawmakers move to limit Nebraskans access to medical cannabis
House Democrats Say Cannabis Reform Would Bring Economic Gains - West Virginia Public Broadcasting
by Jack Walker on March 3, 2025
Democrats in the West Virginia House of Delegates are advocating for reforms to the state's cannabis policies.
West Virginia missing out on revenues by not legalizing recreational cannabis, Democrat lawmaker says
by Charles Young SENIOR STAFF WRITER on March 3, 2025
CHARLESTON (WV News) — Legalizing recreational cannabis could provide a new source of revenue for West Virginia, Del. Hollis Lewis, D-Kanawha, said Monday.
Texas Senate considers total THC ban- where they are so far
by KXAN Austin on March 3, 2025
The Senate State Affairs Committee began their discussion on a bill that would ban all forms of THC, the primary psychoactive ingredient in marijuana on Monday.
Daryl Heller invested in marijuana business in Michigan, Massachusetts now facing receivership
by BRETT SHOLTIS | Staff Writer on March 3, 2025
Before Daryl Heller’s ATM network crashed down around him, the Lancaster County entrepreneur invested in a recreational marijuana business operating in Michigan and Massachusetts.
NC Poison Control: Child cannabis exposures double since 2020
by Hank Lee on March 3, 2025
Decade after Georgia lawmakers legalized low-THC medical cannabis, Legislature weighs broader access
by Maya Homan on March 3, 2025
Ten years after Georgia legalized cannabis possession for medical use, lawmakers in both chambers of the state Legislature seem poised to expand access a bit more. Georgia lawmakers had long resisted decriminalizing possession of the drug because of its stigmatizing medical marijuana nickname, even as a parade of parents annually brought their children to the

Extra: “Debanking” And The Future Of The Cannabis Industry

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