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..

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.
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, Green Thumb take different paths into hemp-THC drinks
by Adam Jackson on February 28, 2025 at 5:07 am
Trulieve is betting the farm on its new drinks, while GTI keeps regulatorily risky hemp operations at arm's length. The post Trulieve, Green Thumb take different paths into hemp-THC drinks 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.
Priscilla Vilchis, the 'Queen of the Desert,' Partners With Ice Cube to Launch Fryday Kush in Nevada
on February 26, 2025 at 10:47 am
CEO Vilchis expands premium produce's celebrity portfolio and oversees budding equities' joint venture brands.

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Alabama State University Becomes One of the First HBCUs to Offer Cannabis Certification Programs
by HBCU Editors on March 3, 2025
Alabama State University (ASU) is making history as one of the first Historically Black Colleges and Universities (HBCUs) to offer cannabis certification programs.
Culture Council: Cannabis Goes Mainstream: Big Brands and Bold Moves to Break Stigmas
by Peter Su on March 3, 2025
The kids of 1993 have grown up, discarding the thinking of generations past and accepting cannabis as a part of everyday society.
MediPharm to sell BC cannabis facility to Rubicon for $4.5M
by Margaret Jackson on March 3, 2025
Cannabis company MediPharm Labs Corp. plans to sell its facility in Hope, British Columbia, to Rubicon Organics for $4.5 million in cash.
As California Cannabis Rush Dries Up, Operators Look East
by Tony Lange on March 3, 2025
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.
Fired Ont. guard pleads guilty to smuggling cannabis into jail
by Mike Arsalides on March 3, 2025
Former correctional officer, Alex Williams, pleaded guilty to bringing contraband cannabis into Central North Correctional Centre in Penetanguishene, Ont.
Southwick's first recreational cannabis retailer open soon
by Cliff Clark on March 3, 2025
SOUTHWICK — It was announced that Pioneer Valley Trading Co., one of two cannabis retailers chosen by the Select Board to open in town, had been approved for a provisional license from the Cannabis Control Commission, the first step needed to open.
NC Poison Control warns of increase in cannabis exposure among children
by WECT Staff on March 3, 2025
NC Poison Control urges people to keep cannabis products stored safely away from children.
Poison Control seeing rise in children’s exposure to cannabis, study finds
by Brandy Beard on March 3, 2025
More and more children are being exposed to cannabis products, according to new data released by North Carolina Poison Control.

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