IntelGenx Corp. (OTCQB: IGXT) (TSX: IGX) was granted protection under the Companies Creditors Arrangement Act, which is the Canadian version of bankruptcy. The company told investors that on May 27, the court granted an order that approved a sale and investment solicitation process for its assets. The court also approved …

Massachusetts state lawmakers this week said they’re not likely to deal with intoxicating hemp goods during this year’s legislative session, meaning the issue won’t change, from a legal perspective, at least until lawmakers reconvene in Boston next year. After a hearing this week of the legislature’s Joint Committees on Agriculture …

Despite the rocky start, New York Gov. Kathy Hochul and the state’s Office of Cannabis Management project that total cannabis sales will exceed $200 million in early June. In May alone, sales surged by $4.4 million, reaching a total of $46.2 million. The last week of the month recorded a …

As the licensed New York cannabis market continues to ramp up, it appears that a few of the entrepreneurs taking part have also been trying to take advantage of the successes earned by brands from other states. Case in point: One of the conditional adult use retail dispensary permit winners …