Don’t count Alabama as the favorite among red states to legalize adult-use marijuana sales. Republican House Speaker Nathaniel Ledbetter said this week he has no plans to bring recreational cannabis up for debate during his term. ADVERTISEMENT “We are at least four years from that,” Ledbetter said, according to AL.com. Ledbetter’s current term ends Nov. […]

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The New York Senate now has a committee focused exclusively on marijuana, the office of the newly appointed chairman announced on Thursday’s 4/20 holiday. Senate Majority Leader Andrea Stewart-Cousins (D) named Sen. Jeremy Cooney the chair of the Senate Cannabis Subcommittee, which will “provide an outlet for entrepreneurs, advocates, industry and citizens with an interest […]

New York-based marijuana multistate operator Curaleaf Holdings will adjust its revenue for 2022 and 2021 after it restates some of its previously issued financial statements. The company’s previously reported revenue of $1.2 billion for 2021 will be reduced by approximately 1.25%, according to a news release. ADVERTISEMENT And its adjusted revenue for 2022 will be […]

New York-based marijuana multistate operator Curaleaf Holdings will adjust its revenue for 2022 and 2021 after it restates some of its previously issued financial statements. The company’s previously reported revenue of $1.2 billion for 2021 will be reduced by approximately 1.25%, according to a news release. ADVERTISEMENT And its adjusted revenue for 2022 will be […]

A top Republican Wisconsin lawmaker announced on Thursday’s 4/20 cannabis holiday that GOP members are privately working on legislation to legalize medical marijuana—though Democratic leadership is already skeptical of the plan. Assembly Speaker Robin Vos (R) didn’t provide details about the in-the-works proposals but said that the goal is to draft something with bipartisan appeal […]

A much-anticipated Minnesota House floor vote on a bill to legalize marijuana has officially been scheduled for next week, the sponsor announced on the Thursday’s 4/20 cannabis holiday. After moving through an extensive committee process, with 15 panels approving the measure from Rep. Zack Stephenson (D), the bill will be taken up on the floor […]

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Technology platform Dutchie, which provides point-of-sale hardware for cannabis retailers across the United States, reported interruptions and outages on Thursday – the unofficial marijuana holiday 4/20 and one of the biggest sales day of the year in the industry. The company said both “timeouts with multiple endpoints” were related to Metrc as well as “latency […]

On this hallowed 4/20, while consumers and businesses celebrate cannabis near and far (which is great!), it’s important to be mindful that the cannabis industry is getting financially pummeled nationwide. For the cannabis companies able to survive this rocky time, cannabis collections are becoming an increasing headache as other cannabis businesses fold and/or just ignore […]