Day: February 26, 2021

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Michigan’s recreational cannabis market will open up to new competition beginning March 1, when applicants for multiple classes of adult-use marijuana licenses will no longer require an active medical MJ license to be eligible. The state’s Marijuana Regulatory Agency (MRA) reminded the industry of the licensing eligibility change in aContinue Reading

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A San Francisco Bay Area marijuana testing lab whose business license was revoked earlier this month filed suit against California regulators, claiming its right to due process was violated because there’s no appeals process. According to the lawsuit, filed Thursday in Alameda County Superior Court, the Bureau of Cannabis ControlContinue Reading

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Massachusetts-based Ascend Wellness Holdings is acquiring an 86.7% interest in financially strapped MedMen Enterprise’s cannabis operation in New York for $63 million, according to a definitive agreement announced Friday. Multistate operator Ascend Wellness Holdings (AWH) has an option to acquire the remaining equity in the New York operation for $10Continue Reading

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Regulated Canadian cannabis products recalled in February include potentially moldy THC-infused edibles, plus two different instances of pre-rolled joints with incorrect cannabinoid labeling. The edibles recall involves one lot of strawberry-flavored THC Kiss Gummies produced by B.C.-based THC BioMed, 1,263 units of which were sold at a recreational marijuana retailerContinue Reading

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Whether you have trouble getting to sleep or simply staying in the depths of your slumber until morning, consistently missing out in your Z’s can become quite unpleasant when it continues night after night. Having insomnia or trouble getting to sleep can be caused by a number of factors fromContinue Reading

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Canadian cannabis producer Cronos Group reported a quarterly loss of $111.7 million and an adjusted EBITDA of negative $53.1 million, according to the full-year and fourth-quarter results released Friday, well below analyst expectations. However, Cronos exceeded analyst expectations on sales, with net revenue of $17 million in the quarter endedContinue Reading