With Minnesota’s adult-use licensing kicking off this week, tribal nations are set to gain first-mover advantage in what industry experts say could strengthen tribal sovereignty and economic development. The opportunity to fill that void comes as Northern Minnesota nations look to boost their economies via the cannabis trade, according to …

A small chain of licensed California cannabis shops that was launched in 2022 by the original founders of defunct multistate operator MedMen Enterprises has “closed indefinitely” after less than a year of operations, according to MJBizDaily. Adam Bierman and Andrew Modlin, who oversaw the rise and fall of the high-profile MedMen, …

Greenlane Holdings, Inc.’s (NASDAQ: GNLN) highly dilutive offering caused its shares and the cannabis stock group to tumble on Tuesday. The seller of cannabis accessories, child-resistant packaging, and specialty vaporization products announced a sale of $25 million worth of shares priced at $1.19. The transaction will close on February 19, …

California’s cannabis industry appears to be taking a full-on nose dive, based on license statistics from the state this month. To back up reports of falling sales, lower-than-expected state cannabis tax revenues and ever-increasing unpaid industry tax bills, the state’s Department of Cannabis Control license database now shows that there …