Cannabis MSO Ascend to issue $15 million in senior secured notes

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January 17, 2025

Cannabis multistate operator Ascend Wellness Holdings plans to issue $15 million in senior secured notes for “general corporate purposes.” Cannabis multistate operator Ascend Wellness Holdings plans to issue $15 million in senior secured notes for “general corporate purposes.” Read More

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A marijuana marketplace faces unfavorable odds again this year in Richmond

January 17, 2025

Daily News Hits

A marijuana marketplace faces unfavorable odds again this year in Richmond

January 17, 2025

Daily News Hits

A marijuana marketplace faces unfavorable odds again this year in Richmond

January 17, 2025

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WATCH: Four suspects break in, rob Battle Creek marijuana dispensary
by Autumn Pitchure I News Channel 3 on January 17, 2025
Battle Creek Police are shedding light on an alarming trend in West Michigan: robberies at marijuana dispensaries.
Four arrested in connection to Battle Creek marijuana dispensary break-in
by Liz Shepard on January 17, 2025
Police said a large amount of stolen marijuana was recovered.
Up in smoke? Wells dispensary owner's push for recreational marijuana faces pushback
by Shawn P. Sullivan on January 17, 2025
“I’m just asking, ultimately, if we can let the voters decide,” said Joel Pepin, who wants to open a recreational marijuana store in Wells.
Plan to open first marijuana dispensary in Batavia nears approval
by Susan Sarkauskas on January 16, 2025
Plans for a marijuana dispensary to open in a former Arby’s restaurant in Batavia are moving forward. The city council will vote on a request for a conditional use permit Tuesday for Dutchess Cannab...
Weed dispensary to open inside of iconic venue
by Cara Wietstock on January 15, 2025
RISE at Salt Shed will sell exclusive merch (think hats and tees) alongside hemp-derived delta-9 products.
Arrest made in Northeast Jackson cannabis dispensary break-in
by Brooklyn Joyner on January 15, 2025
One of two people wanted for Jackson cannabis dispensary break-in has been arrested
A breakdown of recreational marijuana products in Ohio, 1 year after legalization
by Haadiza Ogwude,Haley BeMiller on January 15, 2025
If you're new to marijuana, here's what you need to know before you swing by a dispensary in Ohio.
200 pounds of pot seized from unlicensed Detroit dispensary caught selling marijuana to minors
by FOX 2 Detroit on January 13, 2025
Police also seized guns, mushrooms, and cash.
“THC overdose” lands dispensary in legal trouble
by Cara Wietstock on January 13, 2025
The THC overdose lawsuit claims that vomiting, shortness of breath, and more landed the plaintiff in the emergency room.
Michigan recreational cannabis market hits $3B milestone as growth slows, prices drop
by Steve Neavling on January 13, 2025
Since adult-use dispensaries were legalized in late 2019, Michigan businesses rang up more than $10 billion in sales
Springfield considering loosening ordinance for medical cannabis
by Jeanette DeForge | jdeforge@repub.com on January 12, 2025
There is just one medical marijuana dispensary in the city.
Marijuana dispensaries sue NY over alleged misstep in cannabis rollout
by David Robinson on January 10, 2025
Marijuana dispensary owners sued NY cannabis regulators for allegedly illegally approving legal pot shops within 1,000 feet of existing shops.
Licensed NYC pot shops sue state in turf war over competition: 'Rug...
by Carl Campanile on January 10, 2025
Miami's First Medical Marijuana Dispensary Finally Opens
by Naomi Feinstein on January 10, 2025
The City of Miami dragged its feet in allowing dispensaries since the passage of medical marijuana in 2016.
Normalizing Cannabis: Couple eases fears of cannabis with WeedWorks
by Christina Fuoco-Karasinski on January 10, 2025
When Randi Sobel’s mother was diagnosed with MS, she would do anything to help her.
Minnesota marijuana: Dates to remember ahead of dispensaries opening
by Nick Longworth on January 9, 2025
Those looking to buy weed at a dispensary will have to wait well into 2025 to do so, as the OCM has provided an updated timeline of its ongoing licensing roll-out for businesses looking to sell.
Rapper Lou Gram launches Fly Shifter Cannabis on Eight Mile
by Steve Neavling on January 9, 2025
The rapper-turned-entrepreneur aims to create a space that embodies Detroit’s unique spirit
Arizona's tanking cannabis revenue means cheap weed for customers. Will it stay like that?
by Ray Stern on January 9, 2025
Starting in July, sales at state-licensed dispensaries began an unprecedented slide, falling below $100 million per month for the first time in year
Grove City mayor planning to veto marijuana dispensary permit that council approved
by Anna Lynn Winfrey on January 8, 2025
Grove City Mayor Richard "Ike" Stage said he is planning to veto a special use permit for a proposed marijuana dispensary that council approved 4-2.
Grove City mayor to veto city's first marijuana dispensary after city council voted to approve it
by George Shillcock on January 8, 2025
Grove City Mayor Ike Stage told WOSU he would veto the legislation, though he declined to elaborate about the reason behind his decision.

State Officials Continue Treating Cannabis Businesses as 'Piggy Banks' in 2025
on January 17, 2025 at 5:39 pm
California, Maryland, Maine and Mississippi are entertaining cannabis excise tax hikes this year that could put licensed businesses in jeopardy.
AGP downgrades, lowers price targets on select cannabis companies
by Debra Borchardt on January 17, 2025 at 5:21 pm
AGP analyst Aaron Grey called GTI a best-in-class stock. The post AGP downgrades, lowers price targets on select cannabis companies appeared first on Green Market Report.
FDA asks veterinarians for input about CBD products for animals
by Debra Borchardt on January 17, 2025 at 2:52 pm
The FDA has not approved any CBD products for animal use. The post FDA asks veterinarians for input about CBD products for animals appeared first on Green Market Report.
Leafly Delisted From Nasdaq
on January 17, 2025 at 1:41 pm
The company received notice of its delisting and a transition to an over-the-counter market. Also, the company’s convertible debt maturity was extended.
President Joe Biden Commutes Sentences for Nearly 2,500 Nonviolent Drug Offenders
on January 17, 2025 at 1:27 pm
The latest act means Biden has granted more individual commutations than any other president.
Marijuana smell from Michigan outdoor grow prompts neighbors to sue
by Dustin Walsh on January 17, 2025 at 1:24 pm
The family suing the farmer and the CRA have been vocal about their anti-cannabis opinions. The post Marijuana smell from Michigan outdoor grow prompts neighbors to sue appeared first on Green Market Report.
South Carolina Medical Cannabis Legalization Back on the Legislative Table for 2025
on January 17, 2025 at 8:40 am
State Sen. Tom Davis reintroduced the Compassionate Care Act to end the state’s prohibition of medical cannabis.
LA fires test insurance limits for cannabis operators
by Adam Jackson on January 17, 2025 at 6:29 am
Cannabis companies aren’t new to the often-times gaps in coverage that leave many operators vulnerable. The post LA fires test insurance limits for cannabis operators appeared first on Green Market Report.
Massachusetts marijuana sales top $1.6 billion in 2024
by John Schroyer on January 16, 2025 at 10:18 pm
December came in as the third-best cannabis sales month of the year. The post Massachusetts marijuana sales top $1.6 billion in 2024 appeared first on Green Market Report.
Key Ohio legislator shifts focus from state cannabis laws, puts hemp in his crosshairs
by John Schroyer on January 16, 2025 at 10:00 pm
Huffman plans to target smoke shops that sell intoxicating hemp products. The post Key Ohio legislator shifts focus from state cannabis laws, puts hemp in his crosshairs appeared first on Green Market Report.
Colorado cannabis sales continued downward slide in November
by John Schroyer on January 16, 2025 at 9:42 pm
Sales for the month hit a low not seen in nearly 8 years. The post Colorado cannabis sales continued downward slide in November appeared first on Green Market Report.
Leafly delisted from Nasdaq
by Adam Jackson on January 16, 2025 at 7:54 pm
The online cannabis marketplace joins a growing list of publicly traded cannabis companies leaving major exchanges these days. The post Leafly delisted from Nasdaq appeared first on Green Market Report.
Florida Adult-Use Cannabis Legalization Sponsor Launches Campaign for 2026 Ballot
on January 16, 2025 at 4:32 pm
Smart & Safe Florida, the political committee behind 2024’s failed measure, filed a new proposal for a constitutional amendment with minor tweaks.
Weedmaps could see growth jump after going private, analyst says
by Adam Jackson on January 16, 2025 at 3:30 pm
The cannabis equity analyst recommended that MAPS shareholders accept the bid rather than hold out for a higher price. The post Weedmaps could see growth jump after going private, analyst says appeared first on Green Market Report.
Cannabis advocacy groups combine efforts with Cresco Labs CEO taking the lead
by Debra Borchardt on January 16, 2025 at 3:14 pm
The newly created U.S. Cannabis Roundtable will coordinate all political activities, lobbying efforts and public-facing communications. The post Cannabis advocacy groups combine efforts with Cresco Labs CEO taking the lead appeared first on Green Market Report.
National Cannabis Roundtable and US Cannabis Council Merge to Represent Industry Interests in Washington
on January 16, 2025 at 2:19 pm
The two largest industry groups agreed to combine their policy advocacy efforts to form the US Cannabis Roundtable as a leading voice for reform.
Trulieve Opening 4th Ohio Cannabis Dispensary in Zanesville
on January 16, 2025 at 1:20 pm
The company’s new retail facility in Muskingum County will host a grand opening celebration on Jan. 17.
DEA Judge Sends Interlocutory Appeal to Administrator; Recommends All Participants Be Included
on January 16, 2025 at 8:43 am
The judge asked DEA Administrator Anne Milgram to include all designated participants for the cannabis rescheduling hearing to be part of a briefing schedule.
Eaze Closes Asset Purchase, Plants 1st Cannabis Crop at Green Dragon Facility in Florida
on January 15, 2025 at 1:48 pm
The expansion will increase the indoor flowering canopy from 32,000 square feet to 64,000 square feet.
Village Farms International Comments on Delayed Cannabis Rescheduling Process
on January 15, 2025 at 1:19 pm
The hearing’s designated participant views the delay as an imperative administrative step and symbolic win for the industry against a ‘conflicted’ DEA.
Missouri Now 5th Largest Adult-Use Cannabis Market in Nation
on January 15, 2025 at 8:00 am
The Show-Me state sold more cannabis than Colorado and Arizona in 2024.
Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes
on January 14, 2025 at 5:04 pm
The notes form part of the same series of the $235 million aggregate principal amount of the company's 12.75% senior secured notes due in 2029.
DEA Judge Grants Interlocutory Appeal, Cancels Cannabis Rescheduling Hearing
on January 14, 2025 at 3:03 pm
The rescheduling proceedings won’t pick up for at least 90 days—if at all—pending a resolution of the appeal to the DEA administrator.
Nevada Cannabis Workers at Ayr Wellness Ratify 1st Union Contract
on January 14, 2025 at 9:52 am
The contract includes 120 workers across three dispensaries and one delivery depot in Las Vegas and Henderson.
New York’s Warrantless Hemp Shop Raids Must Stop, Judge Orders
on January 14, 2025 at 9:26 am
State Supreme Court Justice Thomas Marcelle ruled that the New York City Sheriff’s Office and state regulators are prohibited from conducting the searches.

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Cannabis tax revenue drops in San Diego as steep budget deficit looms over city
by Katy Stegall on January 18, 2025
San Diego’s first cannabis lounge opening soon
by Dan Plante on January 18, 2025
San Diego County is set to open its first-ever cannabis lounge, Sessions by the Bay, in National City.
Riverside revisiting regulations on cannabis retailers
by Madison Hart on January 18, 2025
The city is considering reducing the number of business permits it will allow and setting a cap of no more than two cannabis businesses per ward.
Metro firefighter’s union files lawsuit over use of medical cannabis
by Logan Perrone on January 17, 2025
The suit, filed on January 15, is asking the court to issue a stay on their enforcement of the policy until the grievance process can play out.
’I’m tired’ says outgoing Interim Director of the Office of Cannabis Management
by Cathy Wurzer,Lukas Levin,Gracie Stockton on January 17, 2025
Friday was the last day for the Director of Minnesota’s Office of Cannabis Management, Charlene Briner. She was appointed in 2023 as Interim Director, which was supposed to be just a few months long gig, but it stretched into a 20-month-long job.
Louisville union sues city to allow firefighters to use medical cannabis
by whas11.com on January 17, 2025
South Carolina Medical Cannabis Legalization Back on the Legislative Table for 2025
by Tony Lange on January 17, 2025
State Sen. Tom Davis reintroduced the Compassionate Care Act to end the state’s prohibition of medical cannabis.
Cannabis Website, Blind NY Patron Settle Accessibility Lawsuit
by Sam Skolnik on January 17, 2025
A legally blind New York resident and an online cannabis dispensary have agreed to settle the patron’s lawsuit involving claims that the company’s website isn’t accessible to visually impaired customers.

Cannabis MSO Ascend to issue $15 million in senior secured notes

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A marijuana marketplace faces unfavorable odds again this year in Richmond

A marijuana marketplace faces unfavorable odds again this year in Richmond

A marijuana marketplace faces unfavorable odds again this year in Richmond

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A marijuana marketplace faces unfavorable odds again this year in Richmond

A marijuana marketplace faces unfavorable odds again this year in Richmond

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