Cannabis Business Times · Page 18

Sky Labs in Hot Water Again, Allegedly Possessing More Than 2,000 Pounds of Hemp-Derived Isolate
Jan 23, 2025, 4:36 am By NULL
Michigan’s Cannabis Regulatory Agency filed a new formal complaint against the adult-use cannabis processor based on infractions involving THCA hemp isolate, missing COAs, and combining untested isolate with distillate in the company’s inventory, among ot

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Former DEA Special Agent Derek S. Maltz Appointed Acting DEA Administrator
Jan 21, 2025, 7:48 am By NULL
The appointee said in May that if science supports cannabis rescheduling ‘then so be it,’ but that it’s ‘crystal clear’ that ‘the Justice Department hijacked the rescheduling process, placing politics above public safety.’

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Standard Wellness Secures $10 Million Credit Facility at Market-Leading 9.25% Rate to Refinance Debt and Drive Growth
Jan 21, 2025, 3:41 am By NULL
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How to Germinate Old Cannabis Seeds
Jan 20, 2025, 5:54 am By NULL
Kenneth Morrow’s exhaustive–and old–cannabis genetic collection has him wondering: Is there an optimal way to germinate decades-old seeds?

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A 2024-2025 Look Back and Ahead: ‘Excited to Put 2024 in the Rearview Mirror’
Jan 20, 2025, 4:45 am By NULL
In this special feature, nine cannabis industry leaders from plant-touching companies reflect on 2024 and share what they are looking forward to and predicting for the year ahead, from their businesses to state, national and global cannabis markets.

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State Officials Continue Treating Cannabis Businesses as Piggy Banks in 2025
Jan 17, 2025, 12:39 pm By NULL
California, Maryland, Maine and Mississippi are entertaining cannabis excise tax hikes this year that could put licensed businesses in jeopardy.

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Leafly Delisted From Nasdaq
Jan 17, 2025, 8:41 am By NULL
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.

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President Joe Biden Commutes Sentences for Nearly 2,500 Nonviolent Drug Offenders
Jan 17, 2025, 8:27 am By NULL
The latest act means Biden has granted more individual commutations than any other president.

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South Carolina Medical Cannabis Legalization Back on the Legislative Table for 2025
Jan 17, 2025, 3:40 am By NULL
State Sen. Tom Davis reintroduced the Compassionate Care Act to end the state’s prohibition of medical cannabis.

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National Cannabis Roundtable and US Cannabis Council Merge to Represent Industry Interests in Washington
Jan 16, 2025, 9:19 am By NULL
The two largest industry groups agreed to combine their policy advocacy efforts to form the US Cannabis Roundtable as a leading voice for reform.

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Trulieve Opening 4th Ohio Cannabis Dispensary in Zanesville
Jan 16, 2025, 8:20 am By NULL
The company’s new retail facility in Muskingum County will host a grand opening celebration on Jan. 17.

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DEA Judge Sends Interlocutory Appeal to Administrator; Recommends All Participants Be Included
Jan 16, 2025, 3:43 am By NULL
The judge asked DEA Administrator Anne Milgram to include all designated participants for the cannabis rescheduling hearing to be part of a briefing schedule.

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Eaze Closes Asset Purchase, Plants 1st Cannabis Crop at Green Dragon Facility in Florida
Jan 15, 2025, 8:48 am By NULL
The expansion will increase the indoor flowering canopy from 32,000 square feet to 64,000 square feet.

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Village Farms International Comments on Delayed Cannabis Rescheduling Process
Jan 15, 2025, 8:19 am By NULL
The hearing’s designated participant views the delay as an imperative administrative step and symbolic win for the industry against a ‘conflicted’ DEA.

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Missouri Now 5th Largest Adult-Use Cannabis Market in Nation
Jan 15, 2025, 3:00 am By NULL
The Show-Me state sold more cannabis than Colorado and Arizona in 2024.

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Ascend Wellness Holdings Closes $15 Million Private Placement of Senior Secured Notes
12:04pm By NULL
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.

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DEA Judge Grants Interlocutory Appeal, Cancels Cannabis Rescheduling Hearing
10:03am By NULL
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.

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Nevada Cannabis Workers at Ayr Wellness Ratify 1st Union Contract
4:52am By NULL
The contract includes 120 workers across three dispensaries and one delivery depot in Las Vegas and Henderson.

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New York’s Warrantless Hemp Shop Raids Must Stop, Judge Orders
4:26am By NULL
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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California Offers Tax Relief to Businesses Impacted by Los Angeles Wildfires
Mon 12:15pm By NULL
In response to the recent wildfires, the state has extended the Jan. 31, 2025, sales-and-use tax filing deadline for Los Angeles County taxpayers until April 30, 2025.

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