The Morning Rise
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Cannabis business licensing continues slowdown
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The cannabis industry’s breakneck expansion across North America cooled even further in the first quarter of 2024. The number of active licensed businesses ...

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Potential RIV Capital merger gives Scotts Miracle-Gro renewed optimism
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The Scotts Miracle-Gro Co. (NYSE: SMG) reported signs of improvement in its struggling cannabis-focused Hawthorne business unit, as restructuring efforts ...

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Cannabis industry views DEA news as a ‘positive step,’ but more work lies ahead
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Corporate cannabis, small business owners, and advocates alike had a lot to say on Tuesday, after the U.S. Drug Enforcement Administration confirmed it will ...

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U.S. Supreme Court takes up RICO case brought by CBD companies
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The U.S. Supreme Court has agreed to take up a case involving a trio of cannabis companies that could have wide-ranging financial impacts for companies that ...

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Number of the Week: 53%
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53% – Percentage of cannabis consumers who purchased infused gummies in second half of 2023 Gummies usage has continued to grow in recent years. In ...

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Parallel shareholders continue fight against restructuring plan
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The battle over Parallel Cannabis’ future rages on. Last week, beleaguered equity shareholders filed another response in court after the Wrigley Group and ...

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Michigan’s Lume Cannabis plans $50k community reinvestment
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It’s not a new practice, but it can certainly be a smart business move to spend a little extra money to build up community goodwill, particularly for ...

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Radio silence from THC BioMed after auditor resigns, leaving investors in dark
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Last year, Vancouver-based THC BioMed Intl Ltd. (OTC: THCBF) said it hoped to bounce back after some financial setbacks, but it seems like the company opted ...

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Chicago Atlantic may be the biggest winner in New York rollout
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New York’s much-touted $200 million cannabis equity fund, which was supposed to help those impacted by the war on drugs, wound up being a deal that heavily ...

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Cannabis industry celebrates strong 4/20
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While social media has been awash with the technical difficulties and loss of sales experienced by many cannabis retailers who used Dutchie’s point-of-sale ...

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Darren Gleeman named Best Financial Advisor
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At the Green Market Report Finance Summit, hosted at the New England Cannabis Convention in Boston on March 22, Darren Gleeman, managing partner of MBO ...

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Viridian Capital named Best Financing Provider
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At the Green Market Report Finance Summit, hosted at the New England Cannabis Convention in Boston on March 22, Viridian Capital Advisors nabbed the award ...

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