Opportunities abound with distressed marijuana businesses

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January 9, 2025

Attorneys Heidi Urness and Rudy Cerone discuss how to distinguish between a winner and a loser in terms of a distressed marijuana business. Attorneys Heidi Urness and Rudy Cerone discuss how to distinguish between a winner and a loser in terms of a distressed marijuana business. Read More

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Medical cannabis approved to treat four new female conditions in Illinois

January 9, 2025

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Youth Marijuana Use Hasn’t Increased In States That Legalize, And Most Actually See Significant Declines, Analysis Of Government Data Shows

January 9, 2025

Daily News Hits

Youth Marijuana Use Hasn’t Increased In States That Legalize, And Most Actually See Significant Declines, Analysis Of Government Data Shows

January 9, 2025

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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.
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.
A judge nixes plans for medical marijuana dispensaries adjacent to convenience stores
by News Service of Florida for WMNF on January 7, 2025
A judge says state regulators were correct to reject a medical marijuana company’s request to open dispensaries near convenience stores.
Broccoli Cannabis Weed Dispensary Los Angeles Expands Local Cannabis Product Line
by Broccoli Cannabis Weed Dispensary Los Angeles on January 7, 2025
Broccoli Cannabis introduces diverse strains and products, enhancing offerings to meet the evolving needs of Los Angeles cannabis enthusiasts.
First weed dispensary in Cortland County opens
by By LILY BYRNE/Staff Reporter on January 7, 2025
Soon, you’ll be able to pick up some pot, and a ceramic pot by a local potter, all in one little blue house. Cortland County’s first dispensary has arrived, and the owners hope to …
New York is seeing the hidden toll of legal weed: violence, psychosis...
by Seth Barron on January 6, 2025
NYC legal weed shop landed $7M in sales in 2024 -- nearly two decades...
by Anna Young on January 5, 2025
Cannabis dispensary officially open in Oswego
by MIKE PERKINS mperkins@palltimes.com on January 4, 2025
OSWEGO — The small parking lot in front of the newly opened FlynnStoned cannibis dispensary in Oswego was full of cars for the grand opening at 10 a.m. on Friday.
Proposed Oklahoma laws would limit cannabis purchases, ban 'tube men' advertising
by Dale Denwalt on January 3, 2025
Among the early bills filed before the next legislative session are limits on cannabis purchases and dispensary advertising.
Kentucky legalizes medical cannabis, dispensaries yet to open
by DYLAN PAYNE | The Sun DPAYNE@PADUCAHSUN.COM on January 3, 2025
On Wednesday, medical cannabis became legal in Kentucky, with licensed practitioners being able to issue marijuana cards as of December 2024. But, there are currently no dispensaries in the Commonwealth.
Kansas City cannabis businesses hope the new year brings marijuana rescheduling and tax relief
by Suzanne King on January 2, 2025
In January, the U.S. Drug Enforcement Agency will start hearings about whether to reclassify marijuana. The industry wants the change, but some health experts warn against it.
New Jersey Appeals Court Clears Path for Hoboken Marijuana Dispensary
by Rochdi Rais on January 2, 2025
A New Jersey appeals panel ruled in favor of Blue Violets LLC, allowing a Hoboken marijuana dispensary to operate despite a new ordinance prohibiting dispensaries near schools.
Qualify for medical marijuana in Kentucky? What to know before you visit a dispensary
by Marina Johnson on January 2, 2025
Starting Jan. 1, Kentuckians will be able to legally purchase medical marijuana. But what products are out there? And how can you pay for them?
South Dakota medical cannabis dispensaries are in a tough spot after election
by The Public Opinion on January 2, 2025
The number of cannabis patient cardholders in South Dakota has been declining, from nearly 14,000 last winter to fewer than 12,000 currently.
Sacramento dispensary ready to diversify with legalization of cannabis cafes in California
by Tori Apodaca on January 2, 2025
Exclusive | Growing like a weed: Legal cannabis shops in NY will soar to sky-high...
by Carl Campanile on January 1, 2025
Medical marijuana is legal in Kentucky on Jan. 1. Here's the ultimate guide to the program
by Marina Johnson,Olivia Evans on January 1, 2025
Medical marijuana is legal in Kentucky starting Jan. 1, 2025, and there's plenty to know before seeking out a license or visiting a dispensary
Once budding, Oklahoma’s weed industry faces tougher enforcement
by Adam Kemp Adam Kemp on December 30, 2024
Ten new laws will begin to take effect in 2025. Here's what they mean for Oklahoma growers and dispensaries.

Federal Court Rules Virginia’s Total THC Hemp Regulations Supersede 2018 Farm Bill
on January 9, 2025 at 5:11 pm
The Fourth Circuit Court of Appeals concluded that federal law does not preempt the state’s regulations, including a milligram cap on hemp products.
Stiiizy reports customer data breach at Northern California Stores
by Adam Jackson on January 9, 2025 at 4:24 pm
The company said it has beefed its security measures and is offering impacted customers 12 months of free credit monitoring services. The post Stiiizy reports customer data breach at Northern California Stores appeared first on Green Market Report.
Cannabis industry faces unique risks as LA fires spread
by Adam Jackson on January 9, 2025 at 6:33 am
Los Angeles cannabis operators face 'exponential losses' from the fires as existing issues compound the hurt. The post Cannabis industry faces unique risks as LA fires spread appeared first on Green Market Report.
Cannabis-related banking requires cannabis expertise
by Community Choice Credit Union on January 9, 2025 at 6:00 am
The Cannabis Related Business Team at Community Choice Credit Union is ready to light up your financial strategy. The post Cannabis-related banking requires cannabis expertise appeared first on Green Market Report.
Legal marijuana sales in Nevada continue multiyear dip, as illicit market surges
by John Schroyer on January 8, 2025 at 11:10 pm
According to data from the Nevada Cannabis Compliance Board, the state's underground marijuana market is worth between $242 million to $370 million. The post Legal marijuana sales in Nevada continue multiyear dip, as illicit market surges appeared first on Green Market Report.
Rhode Island releases draft rules for expanding adult-use market
by John Schroyer on January 8, 2025 at 10:16 pm
State regulators must determine how to grant 24 additional licenses. The post Rhode Island releases draft rules for expanding adult-use market appeared first on Green Market Report.
Cannabis dispensaries navigate operations as wildfires spread across Los Angeles
by Adam Jackson on January 8, 2025 at 10:00 pm
The Pacific Palisades fires have officially become the most destructive in the city's history, with many operators and workers left in the lurch. The post Cannabis dispensaries navigate operations as wildfires spread across Los Angeles appeared first on Green Market Report.
Verona Collective to Double Its Existing Cannabis Dispensaries with New Locations in Sherrill and Chittenango
on January 8, 2025 at 9:21 am
The Oneida Indian Nation’s seed-to-sale cannabis enterprise will open a new dispensary in Sherrill on January 16 and another in Chittenango on January 23 with plans to open two additional locations by the end of the year.
Interlocutory Appeal Could Impact Cannabis Rescheduling Hearing
on January 8, 2025 at 9:03 am
New evidence prompted rescheduling advocates’ second effort to oust the DEA from the hearing; if relief is denied, they will seek the appeal.
Three MedMen shops still operational in California – but with different owners
by John Schroyer on January 8, 2025 at 5:01 am
The stores continue to operate under the MedMen moniker but are no longer affiliated with the bankrupt MSO. The post Three MedMen shops still operational in California – but with different owners appeared first on Green Market Report.
New Jersey cannabis sales top $1B in 2024 as recreational market expands
by Adam Jackson on January 7, 2025 at 11:38 pm
Full fourth-quarter details have not been released yet. The post New Jersey cannabis sales top $1B in 2024 as recreational market expands appeared first on Green Market Report.
Ohio adult-use cannabis sales near quarter-billion in first five months of program
by Adam Jackson on January 7, 2025 at 11:35 pm
Monthly revenues double the state's medical-only figures; average prices drop 20% since August launch as the market matures. The post Ohio adult-use cannabis sales near quarter-billion in first five months of program appeared first on Green Market Report.
Safe Harbor cuts loan liability in credit union deal
by Adam Jackson on January 7, 2025 at 9:49 pm
Execs say the updated agreement will simplify business processes and better align expenses with income. The post Safe Harbor cuts loan liability in credit union deal appeared first on Green Market Report.
Minnesota’s Top Cannabis Regulator Resigns; Adult-Use Sales Launch Date Still Unknown
on January 7, 2025 at 6:26 pm
Charlene Briner, the Office of Cannabis Management’s interim director, is stepping down as adult-use regulations remain unfinalized.
DEA Approves Marion McNabb as Expert Witness for Cannabis Rescheduling Hearing
on January 7, 2025 at 5:11 pm
The doctor in public health will testify as a proponent for reclassifying cannabis to a Schedule III drug under the Controlled Substances Act.
Klutch Cannabis to Rebrand Dispensaries, Launch Cookies Products in January 2025
on January 7, 2025 at 8:43 am
The vertically integrated Ohio operator is focused on creating a unified experience while also offering globally recognized genetics.
6 Cannabis Industry Legal Cases, Policy Reforms and Trends to Watch in 2025
on January 7, 2025 at 8:15 am
2024 was another busy and interesting year of legal and political developments for cannabis. Here are some key issues and must-watch cases for the year ahead.
Agrify Closes Sale of Cultivation Business
on January 6, 2025 at 6:13 pm
The move further simplifies the company’s business model and balance sheet.
Delaware’s Top Cannabis Regulator Resigns Amid Adult-Use Rollout
on January 6, 2025 at 6:02 pm
Rob Coupe, whose public service career spans 40 years, stepped down two weeks after awarding dispensary licenses but before the state’s sales launch.
The Cannabist Co. Expands New Jersey Footprint With Dispensary Opening in Mays Landing
on January 6, 2025 at 3:35 pm
The company’s third dispensary in New Jersey began serving medical patients on Dec. 30, 2024, with adult-use sales to follow.
Attorney General, DEA Director, Judge Under Federal Court Summons Over DEA Marijuana Policy
on January 6, 2025 at 2:45 pm
Despite the DEA’s policy, MMJ International is moving forward with the FDA on cannabis drug development for Huntington’s disease.
New York’s Medical Cannabis Sales Figures Go Unsung in 2024
on January 6, 2025 at 1:25 pm
The state’s 32 medical cannabis dispensaries eclipsed nine figures for the year, pushing the state’s combined sales total close to $1 billion for 2024 alone.
Wisconsin Governor Proposes Allowing Citizen-Initiated Ballot Measure to Legalize Cannabis
on January 6, 2025 at 11:05 am
Democratic Gov. Tony Evers is including the proposal in his state budget as Republican state lawmakers continue to lock horns on medical cannabis reform.
The Hemp Co. by Curaleaf Celebrates Dry January With Debut of 2.5 mg Select Zero Proof Hemp Seltzer, New Flavors
on January 3, 2025 at 4:42 pm
Select Zero Proof Seltzer, infused with naturally derived hemp THC extract, is now shipping across the country in a new 2.5-milligram option with new flavors.
California Cannabis Operators Face New Obstacles in 2025 as Governor Touts Seizures
on January 2, 2025 at 6:36 pm
Gavin Newsom called an operation in East Oakland ‘proof’ of the state’s dedication to regulated businesses, but licensing hurdles and tax hikes persist.

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CT Prevention Network grants $570,000 for youth cannabis prevention efforts across state
by Dalton Zbierski on January 10, 2025
Cannabis Store Operators Call for Loan Forgiveness
by Rosalind Adams on January 10, 2025
Faced with high-cost loans, social equity borrowers say a New York State program designed to help them threatens to sink their businesses instead.
Berkeley cannabis dispensary faces 3 lawsuits claiming it hasn’t paid its bills
by Alex N. Gecan on January 10, 2025
The dispensary has denied it owes any of the alleged debts, which total more than $250,000. The lawsuits remain pending.
Cannabis Education: The Green Revolution Taking Over!
by Matt Rozo on January 10, 2025
Consumer education is driving the cannabis industry’s explosive growth, with informed consumers fueling loyalty, innovation, sustainability, and inclusivity. Dispensaries and influencers are …
New legislation aims to overturn medical cannabis in SD
by Beth Warden on January 9, 2025
A South Dakota man who attempted to change a ballot initiative by gathering signatures to repeal medical cannabis is attempting to change a second time, now as a newly elected state legislator.
Cannabis business expanding with new permits in Oceanside
by Phil Diehl on January 9, 2025
MedLeaf Inc. opened in 2020 in an industrial park on San Luis Rey Road
Heady NJ Celebrating the Underground Legacy to Legal Cannabis in Newark This Saturday
by Dan Ulloa on January 9, 2025
Heady NJ is celebrating underground legacy to legal cannabis pathways at our forum and party this Saturday in Newark.
UW-Stevens Point program teaches about the science of cannabis
by Trevor Hook on January 9, 2025
Jobs in the legal cannabis industry have more than tripled from 2017 to 2022. Despite Wisconsin restrictions on cannabis, UW-Stevens Point Professor Brian Barringer says this program meets growing industry demand.

Opportunities abound with distressed marijuana businesses

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Youth Marijuana Use Hasn’t Increased In States That Legalize, And Most Actually See Significant Declines, Analysis Of Government Data Shows

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