Total Wine CEO Warns Illinois THC Beverage Ban Will Fuel Black Market
Total Wine CEO Ryan Ross warns Illinois's Nov. 12 ban on hemp-derived THC beverages exceeds federal restrictions and will push consumers to ...
Tag
#retail
Illinois Cannabis Sales Hit Record Monthly High Despite Revenue Decline
Illinois dispensaries sold record volumes of cannabis in December despite annual revenue falling double digits, as intense price competition...
High Tide Adds Alberta Store for $670K in Latest Expansion
High Tide acquired a Chestermere, Alberta cannabis store for $670,000 cash, expanding its Canna Cabana retail chain as consolidation continu...
Business
Greenlight Fires 12 Springfield Workers Day After Union Meeting
Greenlight Dispensary fired 12 Springfield employees one day after a union organizing meeting, while workers at the company's Joplin locatio...
Business
Connecticut Cannabis Prices Drop 13% as Market Matures
Connecticut's cannabis market has hit $713M in sales since 2023, but flower prices dropped 13% to $6.61/gram as volume growth far outpaces r...
Business
New York Cannabis Operators Fight Prevailing Wage Mandate
New York cannabis operators oppose a proposed prevailing wage law, citing survey data showing they already pay workers more than comparable ...
Business
TerrAscend Acquires New Jersey Retailer for $9M Cash Deal
TerrAscend purchased a New Jersey cannabis retailer for $9 million in cash and debt, bringing its Garden State store count to five as MSO co...
Business
New York Cannabis Retailers Owe $3.9M in Unpaid Bills
87 New York cannabis retailers owe $3.9 million to suppliers and face cash-only terms as the state's adult-use market continues to underperf...
Business
Story Cannabis Drops Arizona Testing Lab Over Quality Concerns
Story Cannabis has banned products from an Arizona testing lab at all 11 locations after repeated quality issues, forcing vendors to find al...
Business
Cannabis Prices Drop in Most States, But Store Count Matters More
Cannabis prices vary by $37 between states, but the gap isn't about medical vs. recreational markets—it's about store count. States with 300...
Legislation
Hawaii Hemp Retailers Face Seizures Five Years After Smokable Ban
Hawaii hemp retailers report major revenue losses after state began enforcing a 2020 smokable hemp ban that went unenforced for five years, ...
Legislation
California Lawmaker Shelves Dispensary Drive-Thru Bill Mid-Session
Assemblymember Gail Pellerin has shelved her bill allowing cannabis dispensary drive-thrus after determining it lacks sufficient votes, desp...