Lawmakers in the U.S. House of Representatives have introduced three new bills to make state-legal marijuana businesses eligible for federal small business services, including loans, disaster relief and grant programs. The package of legislation is aimed at establishing parity for cannabis businesses, which are currently prohibited from receiving federal... Read more
The growing number of countries that are moving to repeal harsh penalties against marijuana use are helping to reduce religious discrimination against Rastafarians and other groups, the U.S. State Department noted in an annual report released on Wednesday. But while the federal government is again making it a point... Read more
The growing number of countries that are moving to repeal harsh penalties against marijuana use are helping to reduce religious discrimination against Rastafarians and other groups, the U.S. State Department noted in an annual report released on Wednesday. But while the federal government is again making it a point... Read more
GrowGeneration Reports Record First Quarter 2021 Financial Results and Raises Full-Year 2021 Guidance Record Revenue increased 173% to $90 million; 2021 Revenue Guidance Raised to $450-$470 million and Adjusted EBITDA Guidance to $54 to $58 million First Quarter Revenue Increased by 173%, to $90 million Comparable Store Sales for... Read more
Green Thumb Industries Reports First Quarter 2021 Results CHICAGO and VANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb,” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ Dispensaries, today reported its financial... Read more
Trulieve Reports Record First Quarter 2021 Revenue of $193.8M, Net Income of $30.1M and Adjusted EBITDA of $90.8M Achieved 13th consecutive quarter of profitability; Announces definitive agreement to acquire Harvest Health & Recreation Inc., one of the largest US cannabis acquisitions to date which would establish our southwest hub... Read more
The Louisiana House of Representatives passed a bill on Tuesday that effectively decriminalizes possession of small amounts of marijuana. Under the measure, House Bill 652 (HB 652), possession of up to 14 grams (about a half an ounce) of cannabis would be punished by only a fine of up... Read more
After a long legacy of having a medical cannabis program that barely took care of patients, the governor of Georgia has finally signed SB 195—a law that will expand the medical cannabis program to license retailers of low-THC cannabis Republican Governor Brian Kemp signed Senate Bill 195 into law... Read more
Getting a bill to legalize marijuana in Minnesota to the House floor has been no small task. But after advancing it through 12 committees in recent weeks, the measure’s sponsor, Majority Leader Ryan Winkler (D), is expecting it to pass with some Republican support on Thursday. In a phone... Read more
Data recently released by the U.S. Drug Enforcement Agency shows that federal law enforcement agents and their state and local partners seized more than 4.5 million marijuana plants in 2020, a figure that is up nearly 20% over 2019. The annual DEA report also shows that federal law enforcement... Read more
