Category Archives: Uncategorized

Tennessee lawmakers reject medical marijuana bill

Tennessee will for now remain one of the few remaining states with no legal medical marijuana. A state Senate committee on Tuesday rejected a Republican-sponsored medical cannabis bill. ADVERTISEMENT There are only 11 states in the country without a full-fledged medical cannabis program. But under the Tennessee Medical Cannabis Act sponsored by Republican state Sen. […]

Metrc threatens to close accounts of Michigan cannabis firms over late payments

Track-and-trace software provider Metrc is threatening to shutter the accounts of what could be dozens of Michigan cannabis companies over missed monthly payments, creating turmoil in the roughly $2 billion market. The state’s top marijuana regulator interceded Tuesday, convincing Metrc to agree to a 30-day moratorium on the suspension of accounts, MJBizDaily confirmed. ADVERTISEMENT A […]

Regulated out of Canada, Trailer Park Boys launch branded gummies in the U.S.

The Trailer Park Boys Canadian cannabis experiment was short-lived, but as Ricky would say, “good things come to those at the gate.” The Boys “got learnt” on Canada’s strict promotion rules, which prohibit the depiction of real or fictional persons through reference, in 2020. A long-awaited deal with New Brunswick-based Organigram, first announced in 2016, […]

Cannabis lender Chicago Atlantic extends credit facility by one year

Cannabis real estate financing company Chicago Atlantic Real Estate Finance extended its $92.5 million secured revolving credit facility by an additional year. The revolving loan to Chicago Atlantic’s financing subsidiary Chicago Atlantic Lincoln will now mature in December 2024 with a one-year extension option, the parent company said in a Tuesday news release. ADVERTISEMENT The […]

Marijuana MSO MariMed appoints CEO, board chair

Massachusetts-based marijuana multistate operator MariMed appointed Jon Levine as permanent chief executive officer and Edward Gildea as chair of the board of directors. Levine was installed as interim CEO in December after the death of longtime chief executive and industry veteran Robert Fireman. ADVERTISEMENT According to a news release, Gildea has been an independent director […]

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