Arkansas state officials announced last week that a proposed ballot measure to legalize recreational marijuana has received enough signatures to qualify for the November ballot. Activists with the group Responsible Growth Arkansas, which is headed by former Arkansas Democratic House minority leader Eddie Armstrong, submitted the petitions to the... Read more
It is still unclear whether a proposal to legalize cannabis use for adults will qualify for this year’s ballot in Missouri. But if it does, it’s a good bet to pass. That is the takeaway of a new poll conducted and released late last month. Sixty-two percent of Missouri... Read more
Basketball star Brittney Griner returned to a Russian courtroom on Tuesday as her trial on charges of possessing cannabis when she entered the country earlier this year continues. Griner, a WNBA champion and Olympic gold medal winner, was detained at an airport near Moscow in February after customs agents... Read more
Money from cannabis is just as green as money from any other industry, one business proved. A leading Arizona dispensary gathers donations monthly, and last month, successfully donated to a children’s hospital. Flagstaff Business News reports that during the most recent month of donations, GreenPharms has been fundraising for... Read more
The cannabis community suffers great losses in the passing of its community members, but today it is with great regret that we report the passing of Michigan cannabis advocate and political activist, Zahra Abbas, who was 35 years old. The Cannabis Caucus of the Michigan Democratic Party for which... Read more
NewLake Capital Partners Expands Revolving Credit Facility to $90 Million NEW CANAAN, Conn., Aug. 02, 2022 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OTCQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it has added two lenders to... Read more
Red White & Bloom Reports Fourth Quarter, Full Year 2021 and First Quarter 2022 Financial Results Full year 2021 revenue increased 193% to CDN $37.3 million, vs CDN $19.3 million in 20201 Record quarterly revenue for Q1 2022 of CDN $28 million with Gross Margin excluding biological assets of... Read more
The Public Cannabis Company Revenue & Income Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis companies. July was a light month for reporting. Tracker Rules This data-driven, fact-based tracker will continually update based on new financial filings so that readers can stay up to date. Companies... Read more
Lawmakers in Massachusetts passed a bill late Sunday night that will bring a host of different reforms to the state’s recreational cannabis industry. The legislation “aims to promote greater diversity in the legal marijuana industry, ratchet up oversight on the host community agreements that marijuana businesses are required to... Read more
New Yorkers hoping to enjoy a smoke or a toke in one of the state’s beaches or parks might want to think twice. Kathy Hochul, the state’s Democratic governor, signed a bill into law last month that will prohibit “smoking in all state-owned beaches, boardwalks, marinas, playgrounds, recreation centers,... Read more
