Select Zero Proof Seltzer, infused with naturally derived hemp THC extract, is now shipping across the country in a new 2.5-milligram option with new flavors. …
Entourage Health to go private in deal with union pension fund
Canadian cannabis producer Entourage Health Corp. (TSXV: ENTG) – formerly WeedMD – will be taken private by LiUNA Pension Fund of Central and Eastern Canada for C$0.005 per share, the companies announced Monday, following months of mounting losses and debt covenant breaches. Entourage faces C$167.6 million in debt under credit …
The great culling of Michigan cannabis companies could start in earnest in 2025
This story was republished with permission from Crain’s Detroit. Michigan’s cannabis industry faces a reckoning in 2025. Oversupply and low, low prices are coming to a head in the industry, leaving a trail of shuttered cultivators and processors. The average price for an ounce of cannabis flower in Michigan’s adult-use …