Minnesota culls social equity applications in advance of December ...
Nov 19, 2024 · Minnesota cannabis regulators disqualified about two-thirds of the roughly 1,800 applicants for social equity business licenses, meaning the permit lottery scheduled for the week of Dec. 2 will be reserved for 640 hopefuls.. Applicants who were winnowed out either failed to complete the entire application process or didn’t meet eligibility criteria, MinnPost reported.
LeafLink projects cannabis market to reach $55 billion by 2030
Dec 20, 2024 · Despite the headaches that many in the cannabis industry have endured, wholesale platform company LeafLink mined its data to determine that by 2030, the U.S. cannabis market is projected to reach around $55 billion. That would put the growth at …
The Daily Hit: December 4, 2024 - greenmarketreport.com
Dec 4, 2024 · The Daily Hit is a recap of the top financial news stories for Wednesday, December 4, 2024. On the Site. New York City cannabis czar pledges more help in finding real estate for dispensaries
Michigan marijuana market sets another sales record despite …
Sep 19, 2024 · This story was republished with permission from Crain’s Detroit.. Despite increased regulator crackdowns and a new competing market in Ohio, Michigan’s marijuana market continues to reach new heights.. The regulated market set another new sales record in August with the industry selling more than $295.4 million worth of marijuana, up nearly $7 million from the previous monthly sales record ...
Organigram eyes global cannabis growth after Motif deal
Dec 19, 2024 · Fresh off its biggest deal yet, Organigram Holdings (Nasdaq: OGI) is now refocusing its attention beyond Canada’s borders. The cannabis producer’s executives painted an ambitious picture during Wednesday’s earnings call, detailing plans to dive deeper into Germany’s medical market while squeezing more value from their recent Motif Labs purchase.
Tilray leaders eyes global expansion despite recent losses
Oct 14, 2024 · While international cannabis and beer company Tilray Brands Inc. (Nasdaq: TLRY) (TSX: TLRY) has experienced markedly better financial results since its eye-popping $1.4 billion loss for fiscal year 2023, the company’s pivot into beer and hemp has not yet solved its financial woes, with $222 million lost last year and another $34.7 …
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New York cannabis board greenlights more licenses, including …
Oct 10, 2024 · New York marijuana regulators on Thursday gave the thumbs up to another 141 new adult-use cannabis company permits, and for the first time since 2015 added a new trio of vertically integrated licenses to the medical side of the industry, on top of the existing nine “registered organizations.”. The move is another significant expansion of the state’s legal cannabis market, which is still ...
New York cannabis report reveals latest license numbers, sales stats
Oct 3, 2024 · A new report filed with the New York legislature by state cannabis regulators on Oct. 1 paints a picture of a continually growing legal market that has reached nearly $654 million in sales, but which has also apparently left more than 200 “justice-involved” retail license holders in limbo.. The wide-ranging report, authored by the Office of Cannabis Management and the Cannabis Control ...
Investors begin class action lawsuit against Weedmaps
Oct 21, 2024 · The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry.