Rhode Island’s Cannabis Control Commission voted Friday to approve a comprehensive set of regulations that will govern the state’s recreational marijuana market, according to the Rhode Island Current. The new rules clear the way for the expansion of retail operations nearly two and a half years after legalization. “These are …
Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) posted fourth-quarter revenue of $6.6 million for the period ending Dec. 31, 2024, wrapping up a year of some stability in the Canadian biopharmaceutical company’s commercial ventures. Still, it posted a fourth-quarter net loss of $440,094, a significant improvement versus the $2.4 million loss …
At least one of the major national marijuana trade organizations says it’s still hopeful that federal cannabis rescheduling will be completed under the new administration of President Donald Trump, but a spokesman said the timeline is completely up in the air for now, given the breadth of other political priorities …
This article is reprinted with permission from Crain’s Detroit Business. Michigan marijuana prices stabilized in March as sales recovered from a three-month slide. The average price for an ounce of adult-use marijuana flower dropped only a tenth of a percent in the month to $65.14, the smallest slide since 2020. …